FULL AND FINAL RELEASE
Dear Felix
[NAME OF PERSON SIGNING RELEASE] (the “Releaserâ€), in consideration of [AMOUNT PAID BY RELEASE TO OBTAIN RELEASE FROM RELEASER, ex. $30,000.00] and other good and valuable consideration, the receipt and sufficiency of which is acknowledged by the Releaser, hereby releases and forever discharges [NAME OF PERSON BEING RELEASED] (the “Releaserâ€), his or her heirs, executors, administrators, successors and assigns of and from all actions, causes of action, damages, claims and demands whatsoever, which the Releaser had, now has or which the Releaser, his or her heirs, executors, administrators and assigns or any of them hereafter can, shall or may have for any reason whatsoever, including but not limited to all actions, causes of action, damages, claims and demands arising out of [INSERT SPECIFIC CIRCUMSTANCES OF RELEASE, ex. Settlement of the Claim by the Releaser against the Releaser for Damages resulting from Sale of Automobile].
For the same consideration, the Releaser further agrees not to make claim or take proceedings against the Releaser or any other person or entity which may claim contribution or indemnity under the provisions of any statute or otherwise.
IN WITNESS WHEREOF the Releaser has executed this Release on [DATE OF SIGNING OF RELEASE, ex. July 31, 1998]
Regards
Lydia