MUTUAL RELEASE

Dear Felix

For good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, [NAME OF FIRST PARTY SIGNING RELEASE] and [NAME OF SECOND PARTY SIGNING RELEASE] hereby release and forever discharge one another and their respective successors and assigns of and from all actions, causes of action, damages, claims and demands whatsoever, which they had, now have or which they, their successors and assigns or any of them hereafter can, shall or may have against one another for any reason whatsoever, including but not limited to all actions, causes of action, damages, claims and demands arising out of [BRIEF DESCRIPTION OF WHAT CLAIM THE MUTUAL RELEASE IS BEING GIVEN IN RESPECT OF, ex. the sale of a 1995 Honda Civic automobile].

For the same consideration, the parties further agree not to make claim or take proceedings against one another or any other person or entity which may claim contribution or indemnity under the provisions of any statute or otherwise.

Regards
Lydia