Agreement Not to Sue

AGREEMENT TO EXECUTE COVENANT NOT TO SUE

 

Agreement made on ___________________, ______ (date), between ______________________________________ (name), of _____________________________________________________(address), and ______________________________________ (name), of _____________________________________________________(address).

In consideration of the payment to the undersigned by _______________________________ (name) of the sum of ________________ Dollars ($__________ ), receipt whereof is hereby acknowledged, undersigned hereby undertakes and agrees that on the payment to undersigned at any time on or before ___________________, ______ (date), of the further sum of ______________________ Dollars ($___________), undersigned will execute and deliver to __________________________________ (name) a covenant not to sue ____________ (him/her) on any claim or cause of action that undersinged may have against ________________ (him/her), arising out of a certain _____________________________________________________(description of incident ) that occurred on or about __________________, _______(date).

The covenant not to sue shall be in the form attached and made a part of this document.

The payment shall be made to undersigned at ____________________________________________ (address), and may be made in the form of cash, cashierĂ¯

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