release agreement

Waiver of claims

A release agreement is a legal document in which one party gives up the right to pursue claims against another.

Someone signing a release agreement after settling a dispute agrees not to sue over that matter: Before receiving the severance package, she had to sign a release agreement.

Common in injury settlements, employment terminations, and liability waivers.

Related

severability · hold harmless · mutuality · covenant · settlement · conditions · breach of contract · good faith · enforceability · property disputes · document · legal document · discharge · insurance claims · effective date · date · signature · confidentiality

Opposites
legal action/claim status

release agreementlawsuit

Civil court proceeding

litigation · legal claim · complaint · civil action · legal action

binding/constraint status

release agreementobligation

Required task or commitment

binding contract · restrictive covenant · non-compete agreement · contract · guarantee

party relationship

release agreementemployment contract

Binding job terms document

partnership agreement · service agreement · licensing agreement

Family

release, agreement, agree, releases, released, releasing, releaser, agreements, agreeing

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Rated G