Bankruptcy Law

A wide variety of circumstances can place virtually anyone in a precarious enough financial situation that may merit filing bankruptcy. Understandably, this can be a very scary thought for most individuals; however, there are a number of resources available to...

Personal Injury Law

Our Personal Injury Section provides access to information and resources on many topics of personal injury law. Find definitions of personal injury, discover whether a personal injury lawsuit is advised in your case, elements of a personal injury case and understand...

Divorce Law

Divorce (or the dissolution of marriage) is the final termination of a marital union, canceling the legal duties and responsibilities of marriage and dissolving the bonds of matrimony  between the parties. In most countries divorce requires the sanction of a...

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Retraction and Release Agreement



This Agreement is by and between {NAME/ADDRESS OF CLAIMANT}, hereinafter referred to as {CLAIMANT},and {NAME/ADDRESS OF PUBLISHER},





hereinafter referred to as {PUBLISHER}, on this _____________ day of ______________ 20 __, do hereby agree to the following:







On the (date), {PUBLISHER} published the following described item:







(describe)







On the (date), {CLAIMANT} requested a retraction of the item published above for the following reasons:







(describe the reasons)







On the (date), {PUBLISHER} published a precise clarification of the item, the outline of which is







(state and/or attach a separate sheet marked "Exhibit 1")







The foregoing mentioned outline of this clarification is agreed upon by the parties.







RELEASE OF CLAIMS







In consideration of the making of the retraction, {CLAIMANT} herewith releases {PUBLISHER} unconditionally from any and all claims related to the above described (book/publication) including but not limited to claims of libel, defamation of character, invasion of privacy, intentional interference with an advantageous business relationship or any other claim whether legal, equitable or statutory. This release shall extend to all employees, agents, officers, shareholders, insurers and contractors {PUBLISHER} and shall be binding on the heirs and assigns of {CLAIMANT}.







CONFIDENTIAL INFORMATION







The terms and conditions of this retraction/release agreement shall be confidential, and may not be disclosed to third parties, except for:







(a) a response to a legal obligation to produce this document;







(b) in connection with insurance, risk retention or other bona fide business requirements of {PUBLISHER}.







Each party hereto has had a chance to fully, adequately and completely review this agreement with legal representatives of their choice.







This agreement is not an direct admission by {PUBLISHER} of the validity of any claims made by {CLAIMANT}. There are no other terms or conditions relating to this retraction/release, other than those stated herein and this retraction/release states the entire agreement between the parties, and may only be altered by an instrument in writing.







Executed on the date as first above written at (City/State).









SIGNED: _________________________





{PUBLISHER}









SIGNED: _________________________





{CLAIMANT}

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