Settlement Agreement and Mutual Release

# Settlement Agreement and Mutual Release **Effective Date:** ___________ This Settlement Agreement and Mutual Release ("Agreement") is entered into by and between: **Party A:** ___________ ("Party A") **Party B:** ___________ ("Party B") (each a "Party" and collectively the "Parties") ## 1. Recitals WHEREAS, the Parties are involved in a dispute concerning: ___________ **Case/Matter Number (if applicable):** ___________ **Court/Forum (if applicable):** ___________ WHEREAS, the Parties desire to resolve this dispute fully and finally, without admission of liability, and to avoid the expense, uncertainty, and burden of further proceedings; NOW, THEREFORE, in consideration of the mutual promises and releases contained herein, the Parties agree as follows: ## 2. Settlement Payment **Settlement Amount:** $___________ **Paying Party:** ___________ **Payment Schedule:** ___________ ___________ **Payment Method:** ___________ ## 3. Non-Monetary Consideration