Covenant Not to Sue

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					A covenant not to sue is an agreement entered into by a person who has a legal claim
against another but agrees not to pursue the claim. This document in its draft form
contains numerous of the standard clauses commonly used in these types of
agreements, as well as optional language to allow for customization to ensure the
specific terms of the parties’ agreement are addressed. Use this form for an individual
to waive their right to sue for a particular matter.
                             COVENANT NOT TO SUE


THIS COVENANT NOT TO SUE is made between ________________________ (hereinafter
the “undersigned”) and ____________________________ (hereinafter “Party Two” ) on
__________ day of __________, _____

FOR GOOD AND VALUABLE CONSIDERATION, the receipt of which is hereby
acknowledged, the undersigned does hereby covenant on behalf of itself and its heirs, legal
representatives, officers, directors, agents, subsidiaries, successors, and assigns, not to sue or
proceed in any manner, in any agency, or any proceedings whether at law or in equity against
Party Two and its legal representatives, officers, directors, agents, subsidiaries, successors, and
assigns       because         of       or       arising       out        of     the      following
_____________________________________________________________                     [DESCRIPTION
OF POTENTIAL CLAIM], of which the undersigned is holder of an actual, asserted or
prospective claim against Party Two arising from___________________________________,
[DESCRIPTION OF EVENT GIVING RISE TO THE POTENTIAL CLAIM provided nothing
in this agreement constitutes a release of this or any other party thereto.

This covenant shall be binding upon, and inure to, the benefit of the parties, their successors,
assigns, executors, administrators, personal representatives, and heirs.

This covenant should not be construed as an admission of liability on the part of any party and
the parties do hereby agree to terminate any further expense or controversy about claims arising
out of the events described herein.

The undersigned affixes and seals this __________ day of ________________________, ____.

__________________________________
[NAME]

Signed in the presence of:

Witness:


___________________________
[WITNESS'S NAME]


STATE OF _______________

COUNTY OF _____________
On _________________________before me,____________________________, personally
appeared _____________________________, personally known to me (or proved to me on the
basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within
instrument and acknowledged to me that he/she/they executed the same in his/her/their
authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or
the entity upon behalf of which the person(s) acted, executed the instrument.

WITNESS my hand and official seal.

Signature: _______________________________

Affiant ______ Known ______ Unknown ______

ID Produced_________________

(Seal)




                                              _______________
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DOCUMENT INFO
Description: A covenant not to sue is an agreement entered into by a person who has a legal claim against another but agrees not to pursue the claim.  This document in its draft form contains numerous of the standard clauses commonly used in these types of agreements, as well as optional language to allow for customization to ensure the specific terms of the parties’ agreement are addressed.  Use this form for an individual to waive their right to sue for a particular matter.