General Release And Indemnity Agreement Template for United States

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Key Requirements PROMPT example:

General Release And Indemnity Agreement

"I need a General Release and Indemnity Agreement to resolve an ongoing dispute with a former contractor who provided IT services to my company, including protection against any future claims related to their work completed between January 2025 and March 2025."

Document background

The General Release And Indemnity Agreement is commonly used in situations where parties wish to resolve existing disputes and protect against future claims. This document is particularly relevant in the United States where businesses and individuals seek to manage risk and liability exposure. It combines the finality of a release with forward-looking indemnification protection, making it especially valuable in complex business transactions, employment separations, or dispute resolutions. The agreement must comply with both federal and state-specific requirements for releases and indemnification provisions.

Suggested Sections

1. Parties: Identification of all parties to the agreement, including legal names and addresses

2. Background: Context and circumstances leading to the release and indemnity agreement

3. Definitions: Key terms used throughout the agreement

4. Release Provisions: Detailed description of claims being released

5. Indemnification Provisions: Scope and terms of indemnification obligations

6. Consideration: Details of payment or other consideration for the release

7. Governing Law: Specification of jurisdiction and applicable law

8. Execution: Signature blocks and execution requirements

Optional Sections

1. Non-Admission of Liability: Statement that agreement does not constitute admission of wrongdoing by any party

2. Confidentiality: Terms regarding confidentiality of agreement and underlying facts

3. Non-Disparagement: Prohibition on making negative statements about other party

4. Return of Property: Requirements for return of any property or documents between parties

5. Severability: Provision stating that if any part of agreement is invalid, remainder stays in effect

Suggested Schedules

1. Schedule A - Released Claims: Detailed list of specific claims being released

2. Schedule B - Excluded Claims: List of claims specifically excluded from the release

3. Schedule C - Payment Schedule: If consideration is to be paid in installments, details of payment terms

4. Schedule D - Property List: Itemized list of any property to be returned or transferred between parties

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Agreement
Claims
Effective Date
Released Parties
Releasing Parties
Indemnified Parties
Losses
Released Claims
Consideration
Excluded Claims
Indemnification Obligations
Parties
Related Persons
Confidential Information
Governing Law

Clauses

Release of Claims
Indemnification
Consideration
Confidentiality
Non-Admission of Liability
Non-Disparagement
Governing Law
Severability
Entire Agreement
Amendment
Waiver
Assignment
Notices
Representations and Warranties
Dispute Resolution
Force Majeure
Return of Property
Cooperation

Relevant Industries

Construction
Manufacturing
Professional Services
Healthcare
Technology

Relevant Teams

Legal
Human Resources
Risk Management
Finance
Compliance

Relevant Roles

Chief Legal Officer
Risk Manager
Human Resources Director
Contract Manager
Chief Financial Officer

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Let's create your General Release And Indemnity Agreement

Authors

Alex Denne

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