51Ƶ

Release Of Claims Settlement Agreement for the United States

Release Of Claims Settlement Agreement Template for United States

A Release of Claims Settlement Agreement is a legally binding document used in the United States to formalize the resolution of disputes between parties. It documents the terms of a settlement and includes a release of legal claims in exchange for consideration, typically monetary compensation. The agreement must comply with federal and state laws, including specific requirements for certain types of claims such as age discrimination under the ADEA.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Release Of Claims Settlement Agreement

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Release Of Claims Settlement Agreement?

The Release Of Claims Settlement Agreement serves as a crucial legal instrument in U.S. jurisdictions for documenting dispute resolutions and preventing future litigation. This agreement is typically used when parties wish to settle existing or potential legal claims in exchange for consideration. It includes essential elements such as the settlement terms, release language, and any specific requirements mandated by federal or state law. The document is particularly important in employment, commercial, and personal injury contexts, where it provides finality to disputes and protection against future claims.

What sections should be included in a Release Of Claims Settlement Agreement?

1. Parties: Identifies all parties to the agreement, including legal names and addresses

2. Background/Recitals: Sets forth the context and circumstances leading to the settlement

3. Definitions: Defines key terms used throughout the agreement

4. Settlement Payment: Details the amount, timing, and method of settlement payment

5. Release of Claims: Comprehensive description of claims being released

6. Non-Admission of Liability: Statement that settlement does not constitute admission of wrongdoing

7. Governing Law: Specifies jurisdiction and applicable law

8. Entire Agreement: Integration clause stating this is the complete agreement between parties

What sections are optional to include in a Release Of Claims Settlement Agreement?

1. Confidentiality: Terms of confidentiality regarding settlement terms and conditions

2. Non-Disparagement: Prohibits parties from making negative statements about each other

3. Tax Implications: Addresses tax treatment of settlement payment and related responsibilities

4. Return of Property: Requirements for returning company property or confidential information

5. Future Cooperation: Requirements for future cooperation between parties in related matters

What schedules should be included in a Release Of Claims Settlement Agreement?

1. Schedule of Released Claims: Detailed list of specific claims being released

2. Payment Schedule: Detailed schedule of settlement payments if to be made in installments

3. ADEA Disclosure: Required disclosure for age discrimination releases under the Age Discrimination in Employment Act

4. List of Company Property: Itemized list of company property to be returned as part of settlement

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

United States

Publisher

Genie AI

Document Type

Release Agreement

Cost

Free to use
Clauses




























Industries

ADEA Compliance: Age Discrimination in Employment Act requirements for valid releases, including specific time periods for review and revocation

OWBA Requirements: Older Workers Benefit Protection Act specifications for valid waivers of age discrimination claims

Title VII Considerations: Civil Rights Act provisions affecting release of discrimination claims based on race, color, religion, sex, and national origin

ADA Compliance: Americans with Disabilities Act considerations for releasing disability discrimination claims

FLSA Limitations: Fair Labor Standards Act restrictions on private settlements of wage and hour claims without DOL or court supervision

FMLA Considerations: Family and Medical Leave Act implications for releasing related claims

State Law Compliance: Relevant state-specific employment laws, discrimination provisions, and release requirements that may affect the agreement

Contract Formation Requirements: Basic contract law principles including consideration, clear and unambiguous language, and voluntary execution

Non-Waivable Rights: Rights that cannot be waived including workers' compensation, unemployment benefits, and right to file EEOC charges

Review Periods: Mandatory review periods: 21 days for individual agreements, 45 days for group terminations under ADEA, 7-day revocation period for age claims

Legal Counsel Advisory: Recommendation for the releasing party to consult with legal counsel before signing

Future Claims Exclusion: Specification that the release cannot cover claims that may arise after the execution of the agreement

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Release Of Claims Agreement Auto Accident

A U.S. legal document that settles and releases claims arising from auto accidents, governed by state-specific personal injury laws.

find out more

Indemnity Release

A U.S. legal document that releases one party from liability and provides protection against future claims.

find out more

Separation Agreement And Release Of Claims

A U.S. legal agreement documenting employment termination terms and mutual release of claims between employer and departing employee.

find out more

Photography Location Release

A U.S. legal document granting permission to photograph at a specific location while defining terms of access and usage rights.

find out more

Mutual Release Agreement Form

A U.S.-governed legal document where parties mutually agree to release claims against each other.

find out more

Housing Contract Termination Letter

A formal notice used in the US to terminate a residential lease agreement, complying with federal and state housing regulations.

find out more

General Release And Indemnity Agreement

A U.S. legal document that combines a release of claims with indemnification provisions, providing protection against both existing and future claims.

find out more

Employee General Release

A U.S. legal document providing comprehensive release of claims from employee to employer, typically used in employment termination situations.

find out more

Mutual Release And Hold Harmless Agreement

A U.S. legal document providing mutual release of claims and reciprocal indemnification between parties.

find out more

Hold Harmless Release Agreement

A U.S. legal document where one party agrees not to hold another party legally liable for potential injuries, losses, or damages.

find out more

Independent Contractor Waiver Of Liability

A U.S. legal document protecting businesses from liability claims by independent contractors while performing contracted work.

find out more

Release Of Liability And Hold Harmless Agreement

A U.S. legal document that releases one party from liability and provides indemnification for specified activities or circumstances.

find out more

Mutual General Release Form

A U.S. legal document where multiple parties mutually agree to release each other from existing or potential claims.

find out more

Hunting Waiver Of Liability

A U.S. legal document protecting property owners and hunting organizations from liability related to hunting activities, subject to federal and state regulations.

find out more

Hunting Hold Harmless Agreement

A U.S. legal document protecting property owners from liability related to hunting activities on their land.

find out more

Kayak Rental Liability Waiver

A U.S.-compliant liability waiver protecting kayak rental businesses from claims related to inherent kayaking risks.

find out more

Severance Waiver

A U.S. legal document where an employee waives rights to legal claims against their employer in exchange for severance benefits.

find out more

Severance Release Form

A U.S. legal document establishing severance terms and releasing employer from claims in exchange for benefits.

find out more

Release Of Memorandum Of Lease

A U.S. legal document that removes a previously recorded Memorandum of Lease from public record and clears the property's title.

find out more

Limited Release Settlement Agreement

A U.S. legal document that settles specific disputes between parties while preserving rights to pursue unrelated claims.

find out more

Limited Personal Release Agreement

A U.S.-governed agreement granting limited permissions for use of personal content, images, or likeness.

find out more

Landlord Tenant Mutual Release

A U.S. legal document that mutually terminates a lease agreement and releases both landlord and tenant from future obligations.

find out more

Indemnification Release Form

A U.S. legal document where one party releases another from liability for specified claims or circumstances.

find out more

Employment Waiver Release Agreement

A U.S. legal document that finalizes employment termination and includes releases of claims in exchange for consideration.

find out more

Auto Damage Release Form

A U.S. legal document that releases claims related to vehicle damage upon settlement of compensation.

find out more

Volunteer Waiver Agreement

A U.S.-compliant legal agreement protecting organizations from liability related to volunteer activities.

find out more

Release Of Personal Guaranty

A U.S. legal document that releases a guarantor from their obligations under a personal guaranty agreement.

find out more

Mutual Release Of Earnest Money

A U.S. legal document that terminates a real estate purchase agreement and specifies the return of earnest money deposit.

find out more

Layoff Release Agreement

A U.S. legal agreement outlining terms of employment separation during layoffs, including severance and release of claims.

find out more

General Release Employment Termination

A US-compliant legal document that formalizes employment termination and releases employer from future claims while specifying separation terms.

find out more

Final Release And Indemnity

A U.S. legal document that combines a final release of claims with indemnification provisions, governed by federal and state laws.

find out more

Employer Waiver Of Liability

A U.S. legal document where an employee releases their employer from certain legal claims while maintaining compliance with federal and state labor laws.

find out more

Equipment Release Of Liability Form

A U.S. legal document that releases equipment owners from liability related to the use of their equipment by others.

find out more

Standard Release Agreement

A U.S. legal document that waives one party's right to bring claims against another party in exchange for consideration.

find out more

General Release Of All Claims

A U.S. legal document that provides a comprehensive waiver of all claims one party may have against another, subject to federal and state regulations.

find out more

Volunteer Hold Harmless Agreement

A U.S. legal document protecting organizations from liability claims related to volunteer activities.

find out more

Location Agreement Form For Film

A U.S. legal agreement governing the use of property for film production purposes.

find out more

Personal Injury Liability Release Agreement

A U.S. legal document that releases a party from liability for personal injury claims in exchange for agreed compensation.

find out more

Unlimited Personal Release Agreement

A U.S. legal agreement granting unlimited rights to use an individual's likeness, image, or personal attributes across all media formats.

find out more

Separation Agreement Mutual Release

A U.S. legal document that formalizes employment termination and provides mutual releases between employer and employee.

find out more
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it