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Execution Copy SETTLEMENT AGREEMENT, RELEASE, AND COVENANT NOT TO SUE This Settlement Agreement, Release, and Covenant not to Sue (“Settlement Agreement “) is entered into between Action, Inc.
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How to fill out settlement agreement
How to fill out settlement agreement
01
Read and understand the settlement agreement carefully.
02
Write your full legal name, address, and contact information at the beginning of the agreement.
03
Identify the other party involved in the agreement and include their information as well.
04
Clearly state the purpose of the settlement agreement.
05
Include any terms or conditions that both parties have agreed upon.
06
Specify the deadline for fulfilling the terms of the agreement.
07
Include provisions for resolving any disputes or conflicts that may arise.
08
Both parties should sign and date the agreement.
09
Consider having the agreement notarized for added legal validity.
Who needs settlement agreement?
01
Individuals going through a divorce or separation who wish to resolve property distribution, child custody, or spousal support issues.
02
Businesses involved in contractual disputes, where both parties want to reach a mutually acceptable resolution.
03
Landlords and tenants who want to settle issues related to lease termination, security deposits, or rental payment conflicts.
04
Parties involved in personal injury lawsuits who want to agree on a settlement amount instead of going to trial.
05
Employees and employers who want to settle employment-related disputes, such as wrongful termination or discrimination claims.
06
Partners or shareholders of a company who want to resolve conflicts over ownership, profit distribution, or business operations.
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