Common use of Dismissal of Litigation Clause in Contracts

Dismissal of Litigation. Immediately upon execution of this Agreement, the Parties shall execute and tender to each other a stipulation in the form of annexed Exhibit "A". The stipulation shall effectuate a dismissal with prejudice of all of the Claims of the Parties asserted in the Litigation, each Party to bear his or its own fees and costs.

Appears in 2 contracts

Sources: Settlement and Release Agreement (Essxsport Corp), Settlement Agreement (Essxsport Corp)