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Example Mediated Settlement Agreement

1) The document is a mediated settlement agreement between plaintiff and defendant to resolve a lawsuit and related claims. 2) The parties agree to dismiss all claims in the case with prejudice, with each party bearing their own costs. The defendant also agrees to pay the plaintiff a settlement amount by a specified date. 3) The agreement releases all parties from any current or future claims related to the events at issue in the lawsuit.

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100% found this document useful (1 vote)
342 views

Example Mediated Settlement Agreement

1) The document is a mediated settlement agreement between plaintiff and defendant to resolve a lawsuit and related claims. 2) The parties agree to dismiss all claims in the case with prejudice, with each party bearing their own costs. The defendant also agrees to pay the plaintiff a settlement amount by a specified date. 3) The agreement releases all parties from any current or future claims related to the events at issue in the lawsuit.

Uploaded by

Monish Nayak
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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EXHIBIT “A”

NO. ___________

§ IN THE DISTRICT COURT


§
§
VS. § ____ JUDICIAL DISTRICT
§
§
§ BEXAR COUNTY, TEXAS

MEDIATED SETTLEMENT AGREEMENT

The parties hereto agree that this lawsuit and all related claims and controversies between
them are hereby settled in accordance with the following terms:

1. The parties acknowledge that bona fide disputes and controversies exist between
them, and they desire to compromise and settle all claims and causes of action of any kind
whatsoever which the parties may have arising out of the transaction or occurrence which is the
subject of this litigation. It is further understood and agreed that this is a compromise of a disputed
claim, and nothing contained herein shall be construed as an admission of liability.

2. Each signatory warrants and represents that:

a. such person has authority to bind the party or parties for whom such person
acts.

b. the claims, suits, rights, and/or interests which are the subject matter hereto
are owned by the party asserting same, have not been assigned, transferred or
sold, and are free of any encumbrance.

3. The parties will execute and file an Agreed Order dismissing all claims in the above-
styled and numbered case with prejudice. Each party will bear its own costs.

4. _________________________ agrees to pay ________________________________


the sum of $_________________________ on or before __________________________________.

5. The parties further agree as follows:

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6. Except for the agreements set forth herein, the parties hereby release each other from
all claims, counterclaims, demands, or suits, known or unknown, fixed or contingent, liquidated or
unliquidated, whether or not asserted in the above case, as of this date, arising from or related to the
events and transactions which are the subject matter of this cause. This mutual release runs to the
benefit of all attorneys, agents, employees, officers, directors, shareholders, partners, heirs, assigns,
and legal representatives of the parties hereto.

7. Counsel for ________________ shall deliver drafts of any further documents to be


executed in connection with this settlement to counsel for the other parties hereto within _______
days from the date hereof. The parties and their counsel agree to cooperate with each other in the
drafting and execution of such additional documents as are reasonably requested or required to
implement the provisions and spirit of this Settlement Agreement, but notwithstanding such
additional documents the parties confirm that this is a written settlement agreement as contemplated
by Section 154.071 of the Texas Civil Practice and Remedies Code.

8. This Settlement Agreement is made and performable in ______ County, Texas, and
shall be construed in accordance with the laws of the State of Texas.

9. If one or more disputes arise with regard to the interpretation and/or performance of
this Agreement or any of its provisions, including the form of further documents to be executed, the
parties agree to further mediation in an attempt to resolve same with Thomas J. Smith, the Mediator,
who facilitated this settlement.

10. Although the mediator has provided a basic outline of this Settlement Agreement to
the parties’ counsel as a courtesy to facilitate the final resolution of this dispute, the parties and their
counsel have thoroughly reviewed such outline and have, where necessary, modified it to conform
to the requirements of their agreement. All signatories to this Settlement Agreement hereby release
the Mediator from any responsibility arising from the drafting of this Settlement Agreement, and by
signing this Settlement Agreement acknowledge that they, or their attorneys, have been advised by
the mediator in writing that this Settlement Agreement should be independently reviewed by counsel
before executing the Agreement.

11. The parties represent and warrant that: (i) they have carefully reviewed this Settlement
Agreement; (ii) they have consulted with their attorneys concerning this Settlement Agreement; (iii)
any questions that they have pertaining to this Settlement Agreement have been answered and fully
explained by their attorneys; (iv) their decision to execute this Settlement Agreement was not based
on any statement or representation, either written or oral, made by any person or entity other than
those statements contained in this Settlement Agreement, and specifically was not based on any
statement or representation made by any opposing party or its counsel; (v) this Settlement Agreement
constitutes the entire agreement and understanding between the parties; (vi) they have entered into
this Settlement Agreement of their own free will; and (vii) all prior and contemporaneous
agreements, understandings, representations and statements, whether written or oral, are merged
herein.

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12. In the event any party breaches this Mediated Settlement Agreement, the Agreement
will be admissible in any Court proceedings seeking its enforcement and the parties specifically
waive the confidentiality provisions of Section 154.053 of the Texas Civil Practice and Remedies
Code as it relates to such proceeding.

13. This Agreement will be considered a Rule 11 Agreement when filed with the Court.

14. THE PARTIES AGREE THAT THIS MEDIATION AGREEMENT IS BINDING


ON ALL PARTIES AND IS NOT SUBJECT TO REVOCATION BY ANY PARTY.

Agreed, this ___ day of __________, 2015.

PLAINTIFF:

By:
Name:
Title:

DEFENDANT:

By:
Name:
Title:

APPROVED AS TO FORM:

By:

State Bar No. _______________

ATTORNEYS FOR PLAINTIFF

By:

State Bar No. _______________

ATTORNEYS FOR DEFENDANT

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