[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Proposed Release Agreement — [Project/Case/Contract— - [Your Name] Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. I am writing to discuss and propose a release agreement for our ongoing [project/case/contract]. As we approach the final stages of our collaboration, it is crucial to establish the terms and conditions for the proposed release. I would like to express my gratitude for the opportunities we have had to work together thus far, and I believe that the successful completion of our [project/case/contract] will be mutually beneficial. In light of this, I suggest the following: 1. Release Agreement: — Both parties hereby agree to release one another from any present and future claims, liabilities, or demands associated with the [project/case/contract]. — This release encompasses all known and unknown issues arising from the [project/case/contract] up until the effective date of this Agreement. — By signing this letter, both parties acknowledge that all obligations, contractual or otherwise, have been fulfilled to their satisfaction. 2. Confidentiality: — Both parties agree to maintain the confidentiality of any proprietary information or trade secrets shared throughout the course of our collaboration. — This obligation remains in effect even after the release becomes effective. 3. Consideration: — This release shall be considered valid and enforceable only upon receipt of [specify the agreed-upon consideration, if applicable]. — Payments should be made in accordance with the terms outlined in our [contract/agreement]. 4. Execution: — This letter will be considered executed and binding once signed by both parties. — Signatures may be provided electronically or by mail. Please review the proposed release agreement and its terms thoroughly. If you have any concerns, counter-proposals, or suggestions, kindly communicate them with me within [reasonable timeframe] from the date of this letter. I believe that our cooperation has been instrumental in achieving our shared goals, and I aim to finalize this release in a manner that is fair and equitable to both parties. Thank you for your attention to this matter, and I look forward to receiving your feedback. Should you have any questions, please do not hesitate to contact me at the provided contact information. Yours sincerely, [Your Name]
North Carolina Sample Letter for Proposed Release
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