Release of Liability Agreement
This Release of Liability Agreement ("Agreement") is made and entered into as of [Date] by and between [Releasor's Name], residing at [Releasor's Address] ("Releasor") and [Releasee's Name], residing at [Releasee's Address] ("Releasee"). This Agreement shall be governed by the laws of the State of [State Name].
In consideration of the opportunity to participate in [Activity/Event], the Releasor hereby agrees to the following:
- Assumption of Risk: Releasor acknowledges and understands that participation in the activity involves certain risks, including but not limited to [list specific risks], and accepts full responsibility for those risks.
- Release of Liability: Releasor hereby releases, waives, and discharges Releasee from any and all claims, liabilities, or demands that may arise from Releasor's participation in the activity.
- Indemnification: Releasor agrees to indemnify and hold harmless Releasee from any claims or expenses arising from Releasor's actions or omissions during the activity.
- Severability: If any provision of this Agreement is found to be unenforceable, the remaining provisions shall remain in full effect.
- Governing Law: This Agreement will be governed by the laws of the State of [State Name].
By signing below, the Releasor acknowledges and agrees to the terms and conditions outlined in this Agreement.
Releasor's Signature: _______________________ Date: ___________
Printed Name: [Releasor's Printed Name]
Releasee's Signature: _______________________ Date: ___________
Printed Name: [Releasee's Printed Name]