MUTUAL RESCISSION AND RELEASE AGREEMENT
This Mutual Rescission and Release Agreement is made this ________ (the "Effective Date") by and between the following parties:
________, of the following address:
________
AND
________, of the following address:
________
The Parties may individually referred to as (the "Party" which expression shall where the context so admits include its successors-in-title and assigns) and collectively referred to as the "Parties".
BACKGROUND
The Parties entered a ________ (the "Original Contract") agreement on ________. The Original Contract was established for the following purpose:
________
The Parties acknowledge that neither of the Parties has fully performed their obligations and duties stipulated in the Original Contract.
Therefore, the Parties mutually agree to rescind the Original Contract and release each other from the obligations under the Contract.
Now, therefore, in consideration of the covenants, promises, and assurances (the receipt of which are hereby acknowledged), the Parties agree as follows:
1. The Parties mutually agree that as of the Effective Date, the Original Contract is hereby terminated and shall become null and void. Neither of the Parties shall have any rights or obligations under the Original Contract.
2. 552 2552828 552 5888555225 525 52825825 2522 588 88588882828 5588822 2522 252 85828258 82225582. 5585 25522 5882 858828 25285 582528 22 522 88582 25 58252 25 85822 522 582822 5258282 252 22525 25522, 25285 52858, 82258 522528222528828, 55282882552258, 25 252852258 2522 522 885888822 25 552522 52852822 22 252 85828258 82225582 252822282 25 522 2822 82 252 252552.
IN WITNESS WHEREOF the Parties hereto have executed this Agreement this day and year first written above.
SIGNED by ________
______________________
in the presence of:
Name................................................................................................................
Address.............................................................................................................
Occupation........................................................................................................
Signature..........................................................................................................
SIGNED by ________
______________________
in the presence of:
Name................................................................................................................
Address.............................................................................................................
Occupation........................................................................................................
Signature..........................................................................................................
MUTUAL RESCISSION AND RELEASE AGREEMENT
This Mutual Rescission and Release Agreement is made this ________ (the "Effective Date") by and between the following parties:
________, of the following address:
________
AND
________, of the following address:
________
The Parties may individually referred to as (the "Party" which expression shall where the context so admits include its successors-in-title and assigns) and collectively referred to as the "Parties".
BACKGROUND
The Parties entered a ________ (the "Original Contract") agreement on ________. The Original Contract was established for the following purpose:
________
The Parties acknowledge that neither of the Parties has fully performed their obligations and duties stipulated in the Original Contract.
Therefore, the Parties mutually agree to rescind the Original Contract and release each other from the obligations under the Contract.
Now, therefore, in consideration of the covenants, promises, and assurances (the receipt of which are hereby acknowledged), the Parties agree as follows:
1. The Parties mutually agree that as of the Effective Date, the Original Contract is hereby terminated and shall become null and void. Neither of the Parties shall have any rights or obligations under the Original Contract.
2. 552 2552828 552 5888555225 525 52825825 2522 588 88588882828 5588822 2522 252 85828258 82225582. 5585 25522 5882 858828 25285 582528 22 522 88582 25 58252 25 85822 522 582822 5258282 252 22525 25522, 25285 52858, 82258 522528222528828, 55282882552258, 25 252852258 2522 522 885888822 25 552522 52852822 22 252 85828258 82225582 252822282 25 522 2822 82 252 252552.
IN WITNESS WHEREOF the Parties hereto have executed this Agreement this day and year first written above.
SIGNED by ________
______________________
in the presence of:
Name................................................................................................................
Address.............................................................................................................
Occupation........................................................................................................
Signature..........................................................................................................
SIGNED by ________
______________________
in the presence of:
Name................................................................................................................
Address.............................................................................................................
Occupation........................................................................................................
Signature..........................................................................................................
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