Free Mutual Recission of Contract

MUTUAL RESCISSION OF CONTRACT
This Agreement (the “Rescission Agreement”) is made and entered into this ____ day of_________, 20_____, by and between _______________________________, of __________________________ _______________________, and ______________________________, of ___________________ ________________________________ collectively the Parties.
RECITALS
WHEREAS on ______________ the Parties have entered into an agreement for the purpose of ________________________________ (“Agreement”).
WHEREAS the parties now desire to rescind the said Agreement.
NOW, THEREFORE, in consideration of the mutual covenants of the parties hereto, the parties agree as follows:
1. The Parties agree to rescind the Agreement as of the date first above written. Neither party shall have any further rights or duties under the said Agreement.
2. This Rescission Agreement shall be enforced under the laws of the State of __________________.
3. This Rescission Agreement contains the entire agreement of the parties hereto with respect to the subject matter hereof. Any representations, inducements, or agreements, oral or otherwise, between the parties not contained in this Amendment shall be of any force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this instrument to be duly executed as of the day and year hereinbefore first written.
Sign: _______________________________
Print Name: _______________________________
Sign: _______________________________
Print Name: _______________________________