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1. Parties: Identifies the contractor and subcontractor
2. Background: References the original contract and circumstances leading to the waiver
3. Definitions: Defines key terms used in the waiver
4. Scope of Release: Details what claims or rights are being waived
5. Payment Confirmation: Confirms amounts paid and outstanding
6. Execution: Signature blocks and execution requirements
1. Retained Rights: Specifies rights explicitly not waived - use when certain rights need to be preserved
2. Conditions Precedent: Conditions that must be met before waiver becomes effective - use when waiver is contingent on specific events
3. Warranties: Warranties about claims being waived - use when additional assurance is needed
1. Schedule of Payments: Details of payments made and outstanding
2. List of Claims: Specific claims being waived
3. Project Details: Information about the relevant construction project
Release and Waiver
Scope of Release
Retained Rights
Representations and Warranties
Payment Confirmation
Conditions Precedent
Further Assurance
Entire Agreement
Severability
Governing Law
Jurisdiction
Third Party Rights
Indemnification
Authority to Execute
Non-Revocation
Confidentiality
Assignment
Notices
Counterparts
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