Release Of All Claims And Hold Harmless Agreement Template for United States

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Key Requirements PROMPT example:

Release Of All Claims And Hold Harmless Agreement

"I need a Release Of All Claims And Hold Harmless Agreement to settle a workplace injury dispute with a former employee, including a confidentiality clause and a settlement payment of $50,000 to be paid by March 15, 2025."

Document background

The Release Of All Claims And Hold Harmless Agreement serves as a comprehensive legal tool for resolving disputes and managing liability risk under U.S. law. It's typically used when parties want to achieve a complete and final settlement of all existing and potential claims. This document combines two powerful legal concepts: a complete release of all claims and an agreement to indemnify and hold harmless. It's particularly valuable in situations involving accidents, disputes, or the termination of business relationships where parties seek to prevent future litigation and achieve closure.

Suggested Sections

1. Parties: Identification of releasing and released parties

2. Background: Context of the dispute or circumstances leading to release

3. Definitions: Key terms used in the agreement including scope of release

4. Release: Core release language and comprehensive description of claims being released

5. Hold Harmless: Indemnification provisions protecting released party from future claims

6. Consideration: Details of what is being given in exchange for the release

7. Governing Law: Jurisdiction and choice of law governing the agreement

Optional Sections

1. Non-Admission: Statement that agreement does not constitute admission of liability or wrongdoing

2. Confidentiality: Terms regarding confidentiality of agreement and its contents

3. Non-Disparagement: Provisions preventing parties from making negative statements about each other

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

Suggested Schedules

1. Schedule of Released Claims: Detailed itemization of specific claims being released

2. Schedule of Released Parties: Comprehensive list of all parties covered by the release

3. Schedule of Consideration: Detailed breakdown of payment or other consideration being provided

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
Consideration
Effective Date
Hold Harmless
Incident
Indemnification
Parties
Release
Released Claims
Released Matters
Released Parties
Releasor
Releasee
Settlement Amount
Subject Matter
Successors and Assigns
Unknown Claims

Clauses

Relevant Industries

Insurance
Healthcare
Construction
Employment
Real Estate

Relevant Teams

Legal
Human Resources
Risk Management
Operations
Finance

Relevant Roles

Risk Manager
Legal Counsel
Human Resources Director
Claims Adjuster
Compliance Officer

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Let's create your Release Of All Claims And Hold Harmless Agreement

Authors

Alex Denne

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