Legal Contracts Software Generator - Legal Contract Agreement Template for Exculpatory Clause

# Exculpatory Clause Agreement **This Exculpatory Clause Agreement ("Agreement") is entered into on [Date] by and between:** **[Party 1 Name]** Address: [Party 1 Address] ("Party 1") AND **[Party 2 Name]** Address: [Party 2 Address] ("Party 2") ## 1. Purpose The purpose of this Agreement is to establish the terms under which Party 1 may be exonerated from certain liabilities related to [specific activities or events], hereinafter referred to as the "Activity." ## 2. Exculpatory Clause Party 2 hereby releases, waives, and discharges Party 1, its officers, employees, agents, affiliates, and volunteers from any and all claims, liabilities, or damages arising out of or related to injury, loss, or damage incurred by Party 2 while participating in the Activity, to the fullest extent permitted by law. ## 3. Acknowledgment of Risks Party 2 acknowledges that participation in the Activity may involve inherent risks, dangers, and hazards. Party 2 understands these risks and voluntarily assumes all responsibility for any injuries or damages that may arise. ## 4. Governing Law This Agreement shall be governed by and construed in accordance with the laws of the State of [State]. ## 5. Severability If any provision of this Agreement is found to be unenforceable or invalid, that provision shall be limited or eliminated to the minimum extent necessary so that the remainder of this Agreement shall remain in full force and effect. ## 6. Entire Agreement This Agreement constitutes the entire understanding between the parties regarding the subject matter herein and supersedes all prior agreements, understandings, or representations. ## 7. Acceptance By signing below, Party 2 acknowledges that they have read, understood, and agreed to the terms of this Exculpatory Clause Agreement. **IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.** **[Party 1 Name]** Signature: ___________________________ Date: _______________________________ **[Party 2 Name]** Signature: ___________________________ Date: _______________________________ --- *Please note: This document is intended as a sample for informational purposes only and does not constitute legal advice. You should consult with a qualified attorney to ensure compliance with applicable laws and regulations.*