Unconditional Release Of Liability
Unconditional Release of Liability
I. Introduction
This Unconditional Release of Liability ("Release") is made effective as of [Date], by and between [Your Company Name], located at [Your Company Address] ("Releasor") and [Recipient of Release], located at [Address] ("Releasee").
WHEREAS, the Releasor and Releasee desire to clarify and settle any potential claims, liabilities, damages, or injuries that may arise in the future due to certain activities or events;
NOW, THEREFORE, in consideration of the mutual covenants herein contained, the parties agree as follows:
II. Scope of Release
The Releasor hereby releases and forever discharges the Releasee from any claims, liabilities, demands, actions, or causes of action that may arise now or in the future, whether known or unknown, due to or arising out of [specific activities/events or purpose].
III. Assumption of Risk
3.1 The Releasor voluntarily assumes all risks associated with the described activity/event/transaction, regardless of whether such risks are known or unknown, foreseen or unforeseen, foreseeable or unforeseeable.
3.2 The Releasor acknowledges that participation in the activity/event/transaction involves physical exertion, exposure to outdoor elements, reliance on equipment or facilities, and interactions with other participants, each of which may increase the risk of injury or harm.
IV. Full and Final Settlement
This Release constitutes a full and final settlement and resolution of any claims or potential claims against the Releasee related to the specified activities/events, regardless of fault.
V. No Admission of Liability
The act of implementing or putting this Release into effect or action should not be misinterpreted or wrongly seen as a situation where the Releasee is admitting to being legally responsible or held accountable for something.
VI. Indemnification
The Releasor agrees to indemnify and hold harmless the Releasee from any claims or damages, including legal fees, arising out of or related to the Releasor's participation in the activities/events.
VII. Binding Effect
This Release will have legal force on the Releasor, including their heirs, successors, those assigned, and their legal representatives.
VIII. Governing Law
This Release shall be governed by and construed by the laws of the [State/Country].
IN WITNESS WHEREOF, the parties have executed this Unconditional Release of Liability as of the date first above written.
Releasor:
[Your Company Name]
By: [Your Name]
[Date]
Releasee:
[Recipient of Release]
[Date]
