# Abrogation of Contract Agreement
**This Abrogation of Contract Agreement** ("Agreement") is made and entered into on this ___ day of __________, 20__, by and between:
**Party A:**
Name: _______________________
Address: _____________________
City, State, Zip: _____________
Email: ______________________
**Party B:**
Name: _______________________
Address: _____________________
City, State, Zip: _____________
Email: ______________________
**RECITALS:**
WHEREAS, Party A and Party B entered into a certain contract ("Original Contract") dated ___ day of __________, 20__, which defined the terms and conditions of their agreement;
WHEREAS, both parties desire to terminate and abrogate the Original Contract under the terms set forth in this Agreement;
NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, the parties agree as follows:
## 1. **Abrogation of Original Contract**
The Original Contract is hereby abrogated and rendered null and void as of the date of this Agreement. Neither party shall have any further obligations or liabilities under the Original Contract.
## 2. **Release**
Each party hereby releases and discharges the other party from any claims, demands, or causes of action arising from or related to the Original Contract.
## 3. **Waiver of Claims**
Each party waives any right to bring any legal claims against the other party based on the Original Contract, including but not limited to claims for breach of contract, damages, or specific performance.
## 4. **Confidentiality**
Both parties agree to keep the terms of this Agreement confidential and shall not disclose the contents of this Agreement to any third party without the express written consent of the other party, except as required by law.
## 5. **Governing Law**
This Agreement shall be governed by and construed in accordance with the laws of the State of __________.
## 6. **Entire Agreement**
This Agreement constitutes the entire understanding between the parties regarding the abrogation of the Original Contract and supersedes all prior negotiations, discussions, or agreements.
## 7. **Amendments**
Any modifications to this Agreement must be made in writing and signed by both parties.
## 8. **Severability**
If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.
## 9. **Counterparts**
This Agreement may be executed in counterparts, each of which shall be deemed to be an original, but all of which together shall constitute one and the same instrument.
IN WITNESS WHEREOF, the parties hereto have executed this Abrogation of Contract Agreement as of the day and year first above written.
**Party A:**
_____________________________
Signature
_____________________________
Printed Name
**Party B:**
_____________________________
Signature
_____________________________
Printed Name
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*Note: It is advisable for the parties to consult with a legal professional before entering into any contractual agreements.*