For good and valuable consideration received, the undersigned being the holder of an actual, asserted or prospective claim against [Name] arising from:
[Describe in detail]
do hereby covenant that I / we shall not commence or maintain any suit thereon against said party whether at law or in equity provided nothing in this agreement constitutes a release of this or any other party thereto.
No Representations. Neither party has made any representations nor promises, other than those contained in this agreement or in some further writing signed by the party making the representation or promise.
This covenant shall be binding upon and inure to the benefit of the parties, their successors, assigns and executors, administrators, personal representatives and heirs.
The undersigned affixes and seals this _______ day of _______, 20__.
Signed in the presence of:
Share with Twitter Share with Facebook Share with Google+ Share with LinkedIn