Full and Final Release
[NAME OF PERSON SIGNING RELEASE] (the “Releasor”), in consideration of [AMOUNT PAID BY RELEASEE TO OBTAIN RELEASE FROM RELEASOR, ex. $30,000.00] and other good and valuable consideration, the receipt and sufficiency of which is acknowledged by the Releasor, hereby releases and forever discharges [NAME OF PERSON BEING RELEASED] (the “Releasee”), his or her heirs, executors, administrators, successors and assigns of and from all actions, causes of action, damages, claims and demands whatsoever, which the Releasor had, now has or which the Releasor, his or her heirs, executors, administrators and assigns or any of them hereafter can, shall or may have for any reason whatsoever, including but not limited to all actions, causes of action, damages, claims and demands arising out of [INSERT SPECIFIC CIRCUMSTANCES OF RELEASE, ex. Settlement of the Claim by the Releasor against the Releasee for Damages resulting from Sale of Automobile].
For the same consideration, the Releasor further agrees not to make claim or take proceedings against the Releasee or any other person or entity which may claim contribution or indemnity under the provisions of any statute or otherwise.
IN WITNESS WHEREOF the Releasor has executed this Release on [DATE OF SIGNING OF RELEASE, ex. July 31, 1998]
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Witness NAME OF PERSON SIGNING RELEAS
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