There are numerous occasions when a party will bring litigation against another but decide to settle the dispute before court proceedings are final. In this instance it is imperative that the parties to the litigation have a written release agreement. This Settlement and Release Agreement (Ongoing Litigation) will set forth the agreement and terms of the release of all claims between the parties. Having a written agreement will prove invaluable in the event of further misunderstandings or disputes.

Among others, this Settlement and Release Agreement contains the following provisions:

• Parties to the Agreement: This provision contains the identity and names of the parties entering into the agreement;
• Dispute: This provision sets out the description of the matter in litigation;
• Settlement: This provision sets out the specific terms of settlement;
• Dismissal of Actions and Proceedings: This provision sets out the specific timeframe for dismissal of the lawsuit.

Protect Yourself and Your Rights by using our professionally prepared up-to-date forms.

This lawyer-prepared packet contains:

1. General Information
2. Instructions and Checklist
3. Settlement and Release Agreement (Ongoing Litigation) for Canada

Law Compliance: This form can be used in the following provinces: Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Saskatchewan and Yukon