Terms of settlement clause (construction settlement agreement)
Published by a LexisNexis Construction expert
PrecedentsTerms of settlement clause (construction settlement agreement)
Published by a LexisNexis Construction expert
Precedents1
Terms of Settlement
The parties agree as follows:
1.1
This Settlement Agreement is in full and final settlement of the Dispute[ and any causes of action whatsoever which the parties have against each other arising out of or in relation to the Contract]. Each party [and their associated companies, officers, Directors, agents or affiliates] release[s] and forever hold[s] harmless the other party from all causes of action, claims, proceedings, set offs, demands, Costs and expenses whatsoever in relation to or arising out of the
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