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Release Agreement

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Choose the option that best describes what type of release is needed. A General Release of All Claims is exactly what it sounds like: a release that can be used in any general situation. A Mutual Release is a general release, but for two parties that need to release each other. A Car Accident Release can be used when two motor vehicles collide and a release is needed. Personal Injury and Property Damage are self-explanatory for those situations. A Debt Settlement is when one party is releasing the debt of another. A Release For Special Activity can be used in a high-risk activity when one party needs liability waived or released.

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General Release Agreement

State of Alabama

This General Release Agreement (hereinafter "Agreement") is entered into and made effective as of ________ by and between ________ (hereinafter "Releasor"), having a principal address at the following:

________

and ________ (hereinafter "Releasee"), having a principal address at the following:

________

Releasor and Releasee may be referred to individually as "Party" and collectively as the "Parties."

In consideration of the obligations and covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties do contract and agree as follows:


ARTICLE 1 - RELEASE:

Releasor hereby releases and discharges Releasee and Releasee's spouse, heirs, assigns, successors, officers, employees, agents, executors, partners, administrators or any other legal representatives along with anyone claiming through them (hereinafter, collectively, the "Released Parties"), in their individual capacity or in their business capacities, of all claims, causes of actions, liabilities, disputes, demands, damages, agreements, contracts, obligations, promises, debts, and/or accounts of any kind or any nature, whether currently known or unknown, for any damage, loss, or injury of or relating to the Incident, as defined below, which Releasor has or ever had or may have in the future against Releasee or any of the Released Parties (hereinafter the "Release").


ARTICLE 2 - INCIDENT DETAILS:

The Release relates to the following incident (the "Incident"), the details of which are as follows:

________

The Incident took place on or around the following date: ________.


ARTICLE 3 - CONSIDERATION:

In consideration for the Release, Releasee will pay the following amount to Releasor: $________ (________).


ARTICLE 4 - NO ADMISSION:

The Release, or the existence of this Agreement, shall not be construed as an admission of wrongdoing by Releasee in relation to Releasor or any other person or entity. The Release shall also not be construed as an admission of liability or responsibility by Releasee and the Release does not indicate that Releasor has any actionable rights against Releasee.


ARTICLE 5 - FINAL SETTLEMENT:

Releasor hereby acknowledges and agrees that the Release is intended to fulfill and fully satisfy any obligations owed by Releasee to Releasor. Releasor agrees that Releasor will not make any claim or take any action relating to the Incident against Releasee.


ARTICLE 6 - MUTUAL UNDERSTANDING:

The Parties both understand, acknowledge and agree that this Release is a final settlement for any and all claims or actions relating to the Incident and that each Party has had the opportunity to carefully review the terms of this Release and/or have it examined by an attorney if so desired. The Parties are entering into this Agreement voluntarily.


ARTICLE 7 - ENTIRE AGREEMENT:

This Agreement constitutes the entire agreement between the Parties and supersedes any prior or contemporaneous understandings, whether written or oral.


ARTICLE 8 - GOVERNING LAW:

This Agreement shall be governed in all respects by the laws of the state of Alabama and any applicable federal law.



EXECUTION:

Releasor: ________

Signature: ____________________________



Releasee: ________

Signature: ____________________________







State of Alabama

County of: ______________________________

On this _____ day of ________________________________________, 20__, before me, personally appeared _____________________________, to me known to be the person described in and who executed the foregoing instrument, and acknowledged that they executed it as their free act and deed.


__________________________________________________________________

Notary Signature, Printed Name, and Notary/Bar Roll Number






On this _____ day of ________________________________________, 20__, before me, personally appeared _____________________________, to me known to be the person described in and who executed the foregoing instrument, and acknowledged that they executed it as their free act and deed.


__________________________________________________________________

Notary Signature, Printed Name, and Notary/Bar Roll Number

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General Release Agreement

State of Alabama

This General Release Agreement (hereinafter "Agreement") is entered into and made effective as of ________ by and between ________ (hereinafter "Releasor"), having a principal address at the following:

________

and ________ (hereinafter "Releasee"), having a principal address at the following:

________

Releasor and Releasee may be referred to individually as "Party" and collectively as the "Parties."

In consideration of the obligations and covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties do contract and agree as follows:


ARTICLE 1 - RELEASE:

Releasor hereby releases and discharges Releasee and Releasee's spouse, heirs, assigns, successors, officers, employees, agents, executors, partners, administrators or any other legal representatives along with anyone claiming through them (hereinafter, collectively, the "Released Parties"), in their individual capacity or in their business capacities, of all claims, causes of actions, liabilities, disputes, demands, damages, agreements, contracts, obligations, promises, debts, and/or accounts of any kind or any nature, whether currently known or unknown, for any damage, loss, or injury of or relating to the Incident, as defined below, which Releasor has or ever had or may have in the future against Releasee or any of the Released Parties (hereinafter the "Release").


ARTICLE 2 - INCIDENT DETAILS:

The Release relates to the following incident (the "Incident"), the details of which are as follows:

________

The Incident took place on or around the following date: ________.


ARTICLE 3 - CONSIDERATION:

In consideration for the Release, Releasee will pay the following amount to Releasor: $________ (________).


ARTICLE 4 - NO ADMISSION:

The Release, or the existence of this Agreement, shall not be construed as an admission of wrongdoing by Releasee in relation to Releasor or any other person or entity. The Release shall also not be construed as an admission of liability or responsibility by Releasee and the Release does not indicate that Releasor has any actionable rights against Releasee.


ARTICLE 5 - FINAL SETTLEMENT:

Releasor hereby acknowledges and agrees that the Release is intended to fulfill and fully satisfy any obligations owed by Releasee to Releasor. Releasor agrees that Releasor will not make any claim or take any action relating to the Incident against Releasee.


ARTICLE 6 - MUTUAL UNDERSTANDING:

The Parties both understand, acknowledge and agree that this Release is a final settlement for any and all claims or actions relating to the Incident and that each Party has had the opportunity to carefully review the terms of this Release and/or have it examined by an attorney if so desired. The Parties are entering into this Agreement voluntarily.


ARTICLE 7 - ENTIRE AGREEMENT:

This Agreement constitutes the entire agreement between the Parties and supersedes any prior or contemporaneous understandings, whether written or oral.


ARTICLE 8 - GOVERNING LAW:

This Agreement shall be governed in all respects by the laws of the state of Alabama and any applicable federal law.



EXECUTION:

Releasor: ________

Signature: ____________________________



Releasee: ________

Signature: ____________________________







State of Alabama

County of: ______________________________

On this _____ day of ________________________________________, 20__, before me, personally appeared _____________________________, to me known to be the person described in and who executed the foregoing instrument, and acknowledged that they executed it as their free act and deed.


__________________________________________________________________

Notary Signature, Printed Name, and Notary/Bar Roll Number






On this _____ day of ________________________________________, 20__, before me, personally appeared _____________________________, to me known to be the person described in and who executed the foregoing instrument, and acknowledged that they executed it as their free act and deed.


__________________________________________________________________

Notary Signature, Printed Name, and Notary/Bar Roll Number