GENERAL RELEASE
KNOW ALL MEN BY THESE PRESENTS, THAT the undersigned, (the "Releasor"), for good and valuable consideration, the recipe and sufficiency of which are hereby acknowledged, for: (i) themselves, (ii) any parent, affiliate or subsidiary thereof, (iii) any partnership or joint venture of which any person or entity comprising any of the Releasors (or any parent, affiliate or subsidiary thereof) is a partner, (iv) any person or entity owning the beneficial interest in the trust, any parent, affiliate or subsidiary thereof or any partnership or joint venture of which such person or entity (or any parent, affiliate or subsidiary thereof), is a partner, and (v) the respective partners, officers, directors, shareholders, heirs, legal representatives, legatees, successors and assigns of all of the foregoing persons and entities, hereby release and forever discharge ______________ ("Bank"), its past, present and future shareholders, successors, and assigns, of and from all actions, claims demands, damages, debts, losses, liabilities, indebtedness, cause of action either at law or equity and obligations of whatever kind or nature, whether known or unknown, direct or indirect, new or existing, by reason of any matter, cause or thing whatsoever from the beginning of the world to be date if this General Release arising out of or relating to any matter or thing whatsoever, including without limitation, claims asserted or which could have been asserted by the Releasors in connection with credit facilities provided by _____________ Bank or any banking institution now owned by _____________ Bank.
It is acknowledged that the Releasor has read this General Release and consulted counsel before executing same; that the Releasor has replied upon his own judgment and that of his counsel in executing this General Release and has not replied on or been induced by any representation, statement or act by any other party referenced to herein which is not referred to in this instrument; that the Releasor enters into this General Release and Covenant voluntarily, with full knowledge of its significance; and that this General Release is in all respects complete and final.
If any term or provision of this General Release or the application thereof to any person, entity or circumstance shall, to any extent, be held invalid and/or unenforceable by a court of competent jurisdiction, the remainder of this General Release, or the application of such term of provisions to persons, entities or circumstances other than those as to which it is held invalid or unenforceable shall not be affected thereby, and each term and provision of the General Release shall be valid and be enforced to the fullest extent permitted by law.
IN WITNESS WHEREOF, the Releasor have caused this General Release to be executed on
Date: _____________
_____________________________________By: ____________________________________
WITNESS
Its: ___________________________________
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