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Download Covenant Not to Sue automated document template / form
This Covenant Not To Sue (the Agreement) is made and effective this 11th day of July, 2009,
| BETWEEN:
| [COMPANY NAME], a corporation organized and existing under the laws of the state of [STATE] with its head office located at: [STREET], [CITY], [STATE] [ZIP CODE]
|
| AND:
| [COMPANY NAME], a corporation organized and existing under the laws of the state of [STATE] with its head office located at: [STREET], [CITY], [STATE] [ZIP CODE]
|
FOR GOOD AND VALUABLE CONSIDERATION RECEIVED, the undersigned being the holder of an actual, asserted or prospective claim against arising from:
[DESCRIBE]
do hereby covenant that I/we shall not commence or maintain any suit thereon against said party whether at law or in equity provided nothing in this agreement constitutes a release of this or any other party thereto.
This covenant shall be binding upon, and inure to, the benefit of the parties, their successors, assigns and executors, administrators, personal representatives and heirs.
WITNESS:
On [DATE], before me, [NAME],
personally appeared [NAME ], personally known to me
(or proved to me on the basis of satisfactory evidence
to be the person(s) whose name(s) is/are subscribed to
the within instrument and acknowledged to me that
he/she/they executed the same in his/her/their
authorized capacity(ies), and that by his/her/their signature(s)on
the instrument the person(s), or the entity upon
behalf of which the person(s)acted, executed the instrument.
IN WITNESS WHEREOF,
each party to this agreement has caused it
to be executed at [PLACE OF EXECUTION]
on the date indicated below.
Signed, sealed and delivered to both parties in the presence of:
|
|
|
Stephen Cochran President
|
| Bruce Jacobs President
|