In receipt of full and final payment, The Undersigned hereby agree to release and discharge of all claims and demands against the said Company, arising from the above-mentioned incident under the certain policy of Marine Cargo Insurance No. MG.128226.
In consideration of, and to the extent of said payment, the undersigned hereby transfers said Company, to all of the rights, claims, and interest which the undersigned may have against any party, person, organization or corporation liable for the loss mentioned above.