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Kaylie Cassity
Covenant Not to Sue
This COVENANT NOT TO SUE dated: ___________ between FIRST PARTY
COVENANTOR (“smith”) and SECOND PARTY COVENANTEE (“Jones”)
In consideration of $_______ paid to Smith by Jones, the receipt of which is acknowledged,
Smith covenants as follows.
(1) Smith as the Covenanter will never institute any action or suit at law or in equity against
Jones as the Covenantee, nor institute, prosecute or in any way aid in the institution or
prosecution of any claim, demand, action, or cause of action for damages, costs, loss of
services, expenses, or compensation for or on account of any damage, loss or injury
either to person or property, or both, whether developed or undeveloped, resulting or to
result, known or unknown, past, present or future arising out of [INSERT THE
CONTRACTUAL CAUSE OF ACTION].
(2) It is understood my Smith that the payment made in consideration of this covenant is not
to be construed as an admission of liability on the part of Jones.
(3) Smith reserves all rights of action, claims and demands against any and all persons other
than Jones who may have been involved in the underlying cause of action for which this
covenant was procured. This instrument is a covenant not to sue the individual Jones and
not a release as to all claims against other parties involved in the cause of action.
(4) This covenant shall inure to the benefit of Jones and his heirs, assigns and legal
representatives and shall bind Smith and his heirs, assigns and legal representatives.
(5) Merger clause: This instrument reflects the entire covenant between Smith and Jones. No
statements that are not contained in this covenant not to sue shall be valid or binding.
COVENANTOR
___________________________
Smith
COVENANTEE
___________________________
Jones

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Covenant Not to Sue

  • 1. Kaylie Cassity Covenant Not to Sue This COVENANT NOT TO SUE dated: ___________ between FIRST PARTY COVENANTOR (“smith”) and SECOND PARTY COVENANTEE (“Jones”) In consideration of $_______ paid to Smith by Jones, the receipt of which is acknowledged, Smith covenants as follows. (1) Smith as the Covenanter will never institute any action or suit at law or in equity against Jones as the Covenantee, nor institute, prosecute or in any way aid in the institution or prosecution of any claim, demand, action, or cause of action for damages, costs, loss of services, expenses, or compensation for or on account of any damage, loss or injury either to person or property, or both, whether developed or undeveloped, resulting or to result, known or unknown, past, present or future arising out of [INSERT THE CONTRACTUAL CAUSE OF ACTION]. (2) It is understood my Smith that the payment made in consideration of this covenant is not to be construed as an admission of liability on the part of Jones. (3) Smith reserves all rights of action, claims and demands against any and all persons other than Jones who may have been involved in the underlying cause of action for which this covenant was procured. This instrument is a covenant not to sue the individual Jones and not a release as to all claims against other parties involved in the cause of action. (4) This covenant shall inure to the benefit of Jones and his heirs, assigns and legal representatives and shall bind Smith and his heirs, assigns and legal representatives. (5) Merger clause: This instrument reflects the entire covenant between Smith and Jones. No statements that are not contained in this covenant not to sue shall be valid or binding. COVENANTOR ___________________________ Smith COVENANTEE ___________________________ Jones