THIS RELEASE AGREEMENT (this “Agreement”) is entered into on [DATE] by and between [LESSOR] (the “Lessor”) and [LESSEE] (the “Lessee”). Recitals WHEREAS, on [DATE], a lease agreement Lessor and Lessee was executed for the premises located at [ADDRESS], a copy of which is attached hereto and made a part hereof (the “Lease”); WHEREAS, [DESCRIBE FACTS NECESSITATING THIS RELEASE AGREEMENT]; WHEREAS, the parties hereto desire to settle all claims of Lessor with respect to the Lease and to terminate all obligations of either party thereunder; NOW THEREFORE, in consideration of the mutual promises, covenants, warranties, and other good and valuable consideration as set forth herein, the parties hereby agree as follows: Terms SECTION 1. RELEASE. In consideration of [AMOUNT], from Lessee, receipt of which is hereby acknowledged, Lessor hereby releases Lessee from all obligations and duties under the Lease as of the Effective Date (as defined below). Lessor also releases Lessee from all claims, demands and causes of action that Lessor had, has or may have against Lessee in regard to the Lease. SECTION 2. EFFECTIVE DATE. The terms and conditions of this Agreement shall go into effect as of [DATE] (the “Effective Date”). SECTION 3. SURRENDER OF PROPERTY. In consideration of this release, Lessee hereby surrenders all rights in and to the subject leased premises.