A mutual sharing agreement is a simple document that allows you to resolve disputes quickly and professionally. Regardless of your dispute, both parties may, through a mutual release agreement, drop all claims and withdraw from the contract. You can also agree to pay each other or a party for possible damages. In signing this press release, you should be aware that you are waiving the right to assert future claims against each other, even if you do not inquire about the problem until after the fact. Nevertheless, it can be a small price to avoid a potentially costly and tedious action. Avoid headaches with a mutual release agreement. Other names for this document: Reciprocal agreement of release and termination, agreement of release and mutual settlement, partnership agreement . Answer a few simple questions to create your document in minutes. Record progress and finish on each device; Download – Print at any time If things go south between you and a business partner, you can sever ties and avoid going to court with a reciprocal sharing contract. Once the document is signed by both parties, you can leave… Read more.