Mutual Rescission of Contract and Release

United States

Updated: Aug 04, 2022

16 clauses


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Key description

  • This mutual rescission and release could be used when one party has breached a contract or there is a disupute and the two parties prefer to cancel the contract, rather than suing or continuing to work together. This sample uses a Company and Contractor as the parties, but it could be between a Company and Developer, a Company and Consultant, etc.

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Covered clauses

Clauses

  • 1. Agreement Terminated.

  • 2. Confidentiality.

  • 3. Non-Disparagement.

  • 4. Release of Claims(s).

  • 5. No Further Action.

  • 6. Warranties.

  • 7. Indemnification.

  • 8. Entire Agreement.

  • 9. Knowing Agreement.

  • 10. Waiver of Breach.

  • 11. Applicable Law.

  • 12. Costs and Attorneys’ Fees.

  • 13. Complete Defense.

  • 14. Severability.

  • 15. No Admission of Liability.

  • 16. Successors and Assigns.


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