UNILATERAL LIABILITY RELEASE This Unilateral Liability Release (the “Agreement”) is effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the "Payer"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [CLAIMANT NAME] (the "Claimant"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] RECITALS WHEREAS, the Claimant holds claims against the Payer for [DESCRIBE THE INDEBTEDNESS]; and WHEREAS, Payer hereby agree
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