HomeMy WebLinkAbout05-19-10 (11)O~, ~_
This receipt, rep ase, and indemnity agreement (hereinafter called the "RELEASE") is
given this ~.$ day of x'2009, by:
Kantor & Tkatch Assoc., P.C.
(hereinafter lied the "CLAIMANT") to and in favor of KEYSTONE
GUARDIANSHIP S)~ VICES, (ADMINISTRATOR) of the CYNTHIA N. STAGER
ESTATE (hereinafter ~ lied "ADMINISTRATOR").
For the purposf~ f inducing the ADMINISTRATOR to make the distribution described
herein, and intending t~ a legally bound, the Claimant hereby represents, warrants, convenants
and agrees as follows: ',
1. Acknowledgment of Receipt -The Claimant acknowledges that he will receive of and from
the Fiduciary the If )lowing securities upon returning this Receipt & Release document
properly signed, wi essed and notarized to the department.
`Cad - In the form of a check in the amount of $276.82
2. Release - AND T BEFORE, the Claimant hereby does by these presents remise, release,
quit-claim, and for er discharge the said Administrator, their heirs, successors and assigns of
and from the said ip yments to me and of and from all actions, suits, payments, accounts,
reckonings, claims) nd demands whatsoever, for or by reason thereof, or of any other act,
matter, cause or thin whatsoever.
3. Indemnity Agreem~ t -The Administrator has indicated a willingness to make a distribution
without the adjudiG tion by the Court. Accordingly, the Claimant agrees to indemnify the
Administrator and h ld them harmless, to the extent of any funds or assets received by the
Claimant from the dministrator hereunder, from and against the Claimant's pro rata share of
any and all liabili (including attorney's fees and other costs or expenses of defense) to
which the Admini t ator may be subjected by reason of its administration of the account. In
connection with th s Agreement, the Claimant agrees to:
a) Refund or ret ,promptly upon the Administrator written demand, any funds or assets
distributed by a Administrator to the Claimant, if the distribution thereof is determined
at any time to ve been an erroneous or negligent distribution to the Claimant, whether
such error or gligence was or was claimed to have been premised upon a mistake of
law or of fact. d
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b) Modify and disp
Administrator a
commenced, so
collect an errorl~
such time as the
negligence.
4. Miscellaneous -
governed in all r~
The provisions of h
thereof shall be ~
provisions shall peg
hereof.
This Release shalU
together with any c~
IN WITNESS
first above ins
ace any otherwise applicable period limiting the time within which the
;tion to collect an erroneous or negligent distribution must be
is to provide that the Administrator need not commence an action to
ous or negligent distribution to the Claimant until two (2) years after
Administrator shall have obtained actual knowledge of such error or
construction, effect, validity and performance of this Release shall be
is by the laws of the Commonwealth of Pennsylvania.
Release shall be deemed severable in the event that one or more
ed invalid or unenforceable, with the effect that the remaining
as if such invalid or unenforceable provision had never been a part
the Claimant his heirs, representatives, successors, and assigns
with respect to whom the Claimant is a natural guardian.
)F, the Claimant has executed and sealed this Release on the date
the presence of at least two (2) witnesses.
BY:
or & Tkatch Assoc., P.C.
Authorized Rep ntative f Claimant
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