NOTICE OF RELEASE OF LIABILITY
Name | [Your Name] |
Company Name | [Your Company Name] |
Department | [YOUR DEPARTMENT] |
THIS RELEASE OF LIABILITY AGREEMENT (the “Agreement”) is made and entered into this [DATE], by and between [YOUR COMPANY NAME], located at [YOUR COMPANY ADDRESS], hereinafter referred to as the “Releasee”, and [Party receiving Release], residing at [Party receiving Release Address], hereinafter referred to as the “Releasor”.
WHEREAS, The Releasor desires to fully release, absolve, acquit, and discharge the Releasee, its officers, directors, shareholders, affiliates, associates, representatives, employees, and agents, of all actions, causes of actions, suits, damages, judgments, and claims of any nature whatsoever, whether at law or equity or otherwise, whether known or unknown, suspected or unsuspected, which the Releasor has or may have against the Releasee because of any matter, cause, or thing whatsoever from the beginning of time to the date of this instrument.
I. ACKNOWLEDGEMENT
The Releasor hereby acknowledges and represents:
They have read and understand this agreement, and they execute this Release willingly and voluntarily, without any pressure or coercion from the Releasee.
They have had the opportunity to seek legal advice before executing this Release and have either done so or waived their right to seek legal advice knowingly.
They fully understand the legal effect of this Release and the final and binding effect this Release may have on their legal rights against the Releasee.
The Releasor affirms that they are of legal age and have the legal capacity to enter into this Agreement.
II. RELEASE OF LIABILITY
The Releasor, in acknowledging the provided considerations, releases the Releasee from any present or future claims or damages, personal injury, or death due to participation in the Activity, irrespective of location or negligence by the Releasee, and will not sue the Releasee for the same.
III. INDEMNIFICATION
The Releasor agrees to indemnify and hold the Releasee harmless from all obligations, damages, penalties, claims, costs, charges, and expenses, including attorney’s fees, which may be imposed upon, incurred by, or asserted against the Releasee because of any act, omission, or negligence of the Releasor.
IV. GOVERNING LAW
This Agreement shall be governed by and construed under the laws of the State of [State], without regard to its conflict of laws principles. Any disputes arising out of or related to this Agreement shall be subject to the exclusive jurisdiction of the courts of [State].
V. SEVERABILITY
If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect. The parties agree to replace the invalid or unenforceable provision with a valid and enforceable provision that most closely matches the intent of the original provision.
VI. ENTIRE AGREEMENT
This Agreement constitutes the entire agreement between the parties concerning the subject matter herein and supersedes all prior and contemporaneous agreements and understandings, whether written or oral. Any modifications or amendments to this Agreement must be made in writing and signed by both parties to be valid and enforceable.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date above written.
[Your Name]
[Your Company Name]
[Party receiving Release]
Witness’s Signature (if applicable):
[WITNESS’S NAME]
Release of Liability Templates @ Template.net
