The Pennsylvania Compromise and Release Agreement is a legal document used to settle a dispute between two parties in the state of Pennsylvania. It is a form of alternative dispute resolution (ADR) that allows for the compromise of a dispute without going to court. The agreement is a voluntary, confidential, and binding contract that is signed by both parties and is typically overseen by a mediator. The agreement typically involves the parties agreeing to a settlement of the dispute, which may include payment of money or other consideration. The agreement may also include a clause that releases both parties from any further claims or actions related to the dispute. There are three types of Pennsylvania Compromise and Release Agreements: a standard agreement, a mutual agreement, and a limited agreement. A standard agreement allows both parties to negotiate a full settlement. A mutual agreement is a contract between the parties that sets out mutually agreed upon terms. A limited agreement is limited to settling certain claims or issues and does not cover all aspects of the dispute.