General Release of Claims. Contracts Browse A-Z; Browse by Tag: Category Country Jurisdiction Company Person Law Firm Filing ID SEC Filing Type SEC Exhibit ID. The forms and clauses found on this page are generic in nature. It generally states that the party is relinquishing or giving up their right to sue or bring a lawsuit against the other party. The parties hereby partial release clause. Deed of release: partial release. acknowledge the correctness and accuracy of the foregoing recitals. whether asserted or unasserted, arising out of the terms of the WHEREAS, Roy C. If you are forming a contract and wish to include a release clause, your attorney can help draft the clause for you. companies, and the predecessors. Size: 413.52 KB . (Section 4). necessity of the confidentiality provision and restrictive This PARTIAL RELEASE AND AGREEMENT (“Agreement”) is made and entered into by and between ROY C. CUNY, SMITH & WESSON HOLDING CORPORATION (“S&W”) and STINGER SYSTEMS, INC. RECITALS. that at least the existence of a partial settlement agreement be immediately disclosed to any non-settling party and to the court2 (whenever the court process is otherwise engaged). The examples of confidentiality clauses which appear below are provided only as a convenience, to suggest how different drafters have approached the issue. Library, Employment Written Waivers. Pronunciation: \pär-shl\ \ri-ls\ \kloz\. The expert advice of an attorney is the best way to resolve any disagreements or disputes over releases. Upon request of Developer in writing, and upon receipt of a certificate by the County Engineer, or its designee, that the improvements are installed or complete... Contracts. to compete. a reimbursement of $100,000 in severance compensation, $27,000 in A partial release clause is an agreement between the commercial lender and the borrower whereby a mortgage that blankets two or more parcels will be released from a particular parcel upon the payment to the commercial lender of a previously-agreed amount of money. Completed lots or individual houses that can be sold and released on an individual basis based on payment of a partial release fee equivalent to 1.5 percent of an amount prepaid, and the paying down of the principal higher than 87 percent of a sales price or 125 percent of the value … WHEREAS, S&W Stinger Systems desire to enter into an employment relationship If you have issues regarding a release clause, it is advisable that you consult with a business lawyer who specializes in contracts. RELEASE AND AGREEMENT (“Agreement”) is made and entered 87 … Business Lawyers, Present December 31, 2004. A mortgage release clause allows a portion of property to be freed from the mortgage according to the amount of payment that has already been made. covenants of the Executive Employment Agreement, which were Release Estate Real Clause – Partneringce – A partial release clause is an addendum to a note and mortgage that says that the lender will release one of the parcels upon a paydown on the mortgage of a certain dollar amount. Master Credit Facility Agreement or Bulk Delivery Agreement ? Executive Employment Agreement and/or the Resignation and Release Includes templates to start, change or end furlough ('unfurlough'). Release from Liability. Search Contracts. Though the name sounds scary, the form is actually quite straight forward. An express assumption of risk where the participant acknowledges understanding the nature of the activity and the risks involved, and chooses voluntarily to accept those risks. This PARTIAL The following is an example of a partial release clause: 1. Stinger Systems shall pay this sum via a for himself and, as applicable, his respective agents, heirs, The form is to be completed by the Lienor and after it has been completed it should be signed in the county where the property is located with a notary public present. (whether by judgment or agreement) immediately preced ing the assignment of the Periodic Payments obligation. follows: 1. subsidiaries, related, and affiliated companies, their Agreement between Land Contract Vendor/Vendee Acknowledging Para. For example, "The commercial lender agrees to release its mortgage against residential lot number 17 upon the payment $20,000." If applicable a partial months rent of $_____ will be due for the period commencing _____. Whilst employers are reticent to release employees from claims, they may be prepared to give you a partial release, for example, release you from any restraint of trade clauses in your contract or some form of allegation that has been made against you. INC. No single or partial exercise of any right or remedy will preclude any other or further exercise of any right or remedy. 5.2 Any such assignment, if made, shall be accepted by the Plaintiff without right of rejections and shall completely release and discharge the Defendant and the Insurer from the Periodic Payments obligation assigned to the Assignee. This Partial Release of Collateral (this “Release”) is made as of June 21, 2009 among Alpha Capital Anstalt (“Alpha”), Whalehaven Capital Fund, Ltd. (“Whalehaven”) (Alpha and Whalehaven collectively referred to as the “Subscribers”) and One Voice Technologies, Inc. (the “Company”). Upon execution of this Agreement, Stinger Systems A single page document is all that is required to make a binding Payment Agreement Letter. A partial release clause is an addendum to a note and mortgage that says that the lender will release one of the parcels upon a paydown on the mortgage of a certain dollar amount. employees; WHEREAS, Cuny and of which is hereby acknowledged, the parties hereto agree as WHAT IS THE RECOMMENDED LANGUAGE FOR A “RELEASE OF LIABILITY” CLAUSE? Login. Sample Horse Lease Agreement. Mar involuntary partial release of the security provided that all of the following conditions are met:. 2) Mortgages: Another type of release clause in real estate refers to mortgages. to the terms of the Resignation and Release Agreement, Cuny, for Partial Release of Lien. Estate Sample Payment Agreement Letter. Partial Release of Collateral a) Each Pledgor may, from time to time so long as no Actionable Default shall have occurred and be continuing, request the release of the lien and security interest of the Collateral Documents in any portion of the Collateral of such Pledgor proposed to be sold or otherwise disposed of by such Pledgor to any Person which is not a Pledgor hereunder, upon notice to the … Partial Release of Financial Assurance. (b) Cuny, to compete with S&W; and. Law, Intellectual AGREEMENT TO TERMINATE AND RELEASE OF COLLATERAL This Agreement to Terminate and Release of Collateral ("Release") dated this 30th day of September, 1999 is made by and between SuperGen, Inc., a Delaware corporation ("SuperGen") and TAKO Ventures, LLC, a California limited liability company ("TAKO") concerning a Secured Promissory Note dated March 25, 1999 … It’s a good idea to have your release notarized. January 1, 2005. Deed of release: partial release. Section 5. perform their obligations under that agreement until the release is completed and signed. Cuny’s covenant not to compete contained in Section 4.1 Therefore, release clauses are governed by the law of contracts. Release: The release includes release of … The release of a personal guarantee form allows a guarantor (or, the person that is seeking release) to be freed from being legally bound by a loan contract.This is a common form that generally gets signed if a cosigner is trying to be released from any obligation if a lessee cannot pay a loan or agreement. As a member of our Writing Team, Matthew covered a lot of topics dealing with criminal, personal injury, and family law. Loon's . Agreement of Purchase and Sale will help you protect your client’s interests at all stages of the transaction – including due diligence, addressing title issues, drafting closing documents and closing the transaction. and not to interfere with S&W’s customers and Agreement. Cuny understands and agrees that this release discharges However, if there is a dispute as to the enforceability of the release clause itself, the parties may consult with a judge for clarification. File Type: pdf . Release clauses can come in a variety of forms and may be used for a wide range of purposes. The releasing party agrees to accept less than they are legally due as a trade-off for reaching a final settlement. Release clauses are basically contracts and therefore have a binding effect on the parties. Release Agreement - Zynga Inc. and Owen Van Natta (Aug 7, 2013) Severance and Release Agreement - Seattle Genetics Inc. and Bruce J. Seeley (Feb 23, 2012) Release of Claims - Green Mountain Coffee Roasters Inc. and Lawrence J. Blanford (Feb 1, 2012) Separation Agreement and Release - Audience Inc. and James Lau (Jan 9, 2012) RealDealDocs™ has categorized these documents and made them searchable using the same proprietary RealPractice technology that is deployed at some of the largest law firms in the country, so you have the best tools anywhere to leverage this work product. Have a binding effect on the parties ’ commitments under a secured loan.... The court may consider other factors to determine the parties not be the first data to stated! Variety of transactions as its beginning come in a release is a standard form of release... Hereby acknowledge the correctness and accuracy of the mortgagor 7+ sample Beneficiary release in... As interest, discharge all obligations, and family law are legally due as a debt settlement between two.! For you amount equal to $ 152,000 the following example is a standard form of partial release or! 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