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Enclosed Herewith Please Find Duplicate Originals of the Mutual Release Which You Need to Form

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Enclosed Herewith Please Find Duplicate Originals of the Mutual Release Which You Need to Form

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what is a release agreement a release agreement is a legal contract drafted in which one party relieves the other of liability releasing any rights to legal claims arising out of a given situation such agreements are generally enforced by a court of law provided that there is adequate consideration and that the release is reasonable consideration on the part of both parties is required for a release agreement to be valid in other words for the court to enforce the release agreement and prohibit someone from suing based upon it both sides must have exchanged something valuable release agreements are common in two main situations the first occurs when a person leaves a job and is offered a settlement or release agreement in exchange for any rights to sue for claims arising out of the employment or employment termination the second occurs when parties settle a lawsuit out of court the first situation generally occurs when someone is terminated or asked to leave a position the company requ

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