Failed to deliver stereo, then wanted me to sign a "Confidential Settlement Agreement" to refund the installation of a stereo they never delivered. What hosers! How about just refunding my money instead of all of this nonsense?
Read it below:
This Confidential Settlement Agreement ("Agreement") is entered into between XXX, hereinafter, ("Customer") and Best Buy Co., Inc. and Best Buy Stores L.P., collectively, ("Best Buy"). Together Customer and Best Buy are the "(Parties").
WHEREAS, Customer purchased a stereo, miscellaneous accessories and installation from Best Buy on March 7, 2016; and
WHEREAS, Customer later learned that the stereo was not going to be available prior to the scheduled installation date so he canceled the purchase; and
WHEREAS, the installation charges were not refunded to Customer; and
WHEREAS, Customer filed a small claims case in the Guilderland Town Court, XXX v. Best Buy Store, L.P. ("lawsuit"), scheduled to be heard on July 18, 2016 at 6:00 PM; and
WHEREAS, the Parties have agreed to resolve and settle all claims that were made or could have been made by Customer against Best Buy;
NOW, THEREFORE, the Parties agree to:
1. General Release. Customer, on behalf of himself and his heirs, for the consideration stated herein, does hereby release, acquit and forever discharge Best Buy (together with its past or present affiliates, officers, directors, employees, attorneys, representatives, successors, insurers and assigns) from any and all claims, demands, damages, actions, causes of action, which Customer now has or may have, whether known or unknown, which arises out of or is related in any way to the matter referenced above.
2. Payment Terms and Other Consideration. As consideration for this Agreement, Best Buy will provide Customer with a check in the amount of $50.00. Best Buy will also contact Citibank to pay-off the charges associated with the purchase at issue in the lawsuit, in an amount not to exceed $250.00.
3. No Admission of Liability. It is understood and agreed that nothing contained herein shall be construed as an admission of liability by Best Buy as all liability is expressly denied, nor shall this Agreement constitute a waiver by, an estoppel against, or a bar to the Parties denying liability in any other proceedings.
4. Confidentiality and Non-Disparagement. Customer understands and agrees that the subject matter and existence of the dispute and this Agreement shall remain confidential and that he shall not discuss, reveal, disclose or publicize details of the dispute or terms of this Agreement, unless required by law, to obtain tax advice regarding the effects of this Agreement, or upon the order of a court of competent jurisdiction. If asked about the dispute, Customer may respond that, "this matter has been resolved." read more