(Me) and (her) ("the parties") desire to enter into this agreement to provide for full settlement of any and all disputes and claims between the parties arising out of the auto collision of December 1st, 2005 on I-84 in Portland, Oregon.
(Me) expressly represents that he is and was at the time of the collision, the owner and driver of the vehicle invoved in the colision, a Chevy pickup bearing the Oregon license plate XXX XXX. (her) expressly represents that she is and was at the time of the collision the owner and driver of the other vehicle involved in the collision, a Ford Focus Wagon bearing the Oregon license plate XXX XXX. Each party agrees that there were no passengers in either vehicle.
Both (Me) and (her) expressly represent that they have express authority to enter into this agreement on behalf of any co-owners of said vehicles and hereby each indemnify the other from any and all claims brought by any co-owner or third party arising out of the collision.
In consideration of (my) payment of $120.00 to (her) at the time of signing this agreement, the parties completely release and forever dischage eachother from any and all past, present or future claims and damages, which now exist or may later exist, arising out of the collision. The parties agree that this is a general release and waiver of all claims arising out of or related to the colision, whether known or unknown at the time of signing. The parties agree that this is a complete settlement of doubtful and disputed claims and that this agreement will not be construed as an admission of liability, as each party denies liability.
(me) knows that (she) is an attorney and agrees that she has neither given him advice or purported to act in his best interest with regard to this agerement. (me) agrees that he was given opportunity and sufficient time to seek independent legal counsel before signing this agreement, and that if he has not consulted with an attorney it is by his choice and because he is satisfied with the terms of this agreement. The parties agree that they have fully read and understood this agreement and enter into it voluntarily.
The parties agree that this document contains the entire agreement with regard to the collision.
This settlement agreement and release shall become effective upon signing.