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}