This Full and Final Release is an agreement whereby one party agrees to release another from any and all claims arising from an incident. By signing this release the releasor agrees not to make future claims or initiate any other type of proceeding arising from this particular incident. Releasor also acknowledges that he/she has sought legal advice and voluntarily signs this Full and Final Release.
FULL AND FINAL RELEASE
KNOW ALL PERSONS by these presents that _____________________ of ______________________________, (the “Releasor”), in consideration of _____________________________________ and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged by the Releasor, hereby remises, releases and forever discharges ____________________________ of ___________________________, (the “Releasee”), its heirs, executors, administrators, successors and assigns of and from all actions, causes of action, liabilities, damages, claims, cross claims, and demands whatsoever, including all damage, loss and injury not now known or anticipated but which may arise in the future and all effects and consequences thereof, and from all statutory claims whatsoever, however and wherever arising, which the Releasor had, now has, or which the Releasor or its heirs, executors, administrators and assigns or any of them hereafter can, shall or may have, by reason of or arising out of _________________________________________________________.
The Releasor agrees not to make any claim or continue any claim or initiate any proceedings or continue any proceedings against the Releasee or any other person or entity with respect to anything existing at present with respect to the subject matter of this release.
The Releasor acknowledges and declares that it has fully understood the terms of this Release, and the Releasor has signed the Release voluntarily. Releasor further acknowledges that it has sought and obtained legal advice in respect of this Release.
IN WITNESS WHEREOF the Releasor has executed this Release on this _____________ day of _________________, 20__________.