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Setoff Agreement for Mutual Debts

Set off a debt between a company and one of its shareholders with this easy Setoff Agreement template.

  • The company and the shareholder are each in debt to the other.
  • Each of the parties agrees to cancel their debt by setting off the debts one against the other.
  • The Setoff Agreement for Mutual Debts template is provided in MS Word format and is fully editable.
  • This is a generic form which can be used in many jurisdictions.
$6.49