Exhibit 10.7 VOLUNTARY TERMINATION AND MUTUAL RELEASE AGREEMENT Effective on June 2, 2000 (the "Effective Date"), the date of the appointment of Hostmark Investors, LP and the consent thereto of PW Real Estate Investments, Inc. ("Lender"), and in...Voluntary Termination and Mutual Release Agreement • August 14th, 2000 • Us Franchise Systems Inc/ • Hotels & motels
Effective as of the Effective Date, Owner and USFS Mgt hereby mutually release and forever discharge the other party and its successors, assigns, parent corporation, subsidiaries and affiliates and each of their respective officers, directors, agents, employees, attorneys and representatives, past or present of and from any and all debts, claims, demands, causes of action, losses, damages and liabilities to person or property, both contingent and fixed, of every nature, kind and character whatsoever, at law or in equity, or otherwise, which relate to, arise out of or pertain to the Management Agreement and which the releasing parties have had, now have or hereafter can, shall or may have arising from the beginning of the world up to and including the date of this release. Notwithstanding anything to the contrary contained herein, (1) the Indemnity clause as stated in Article 6.2 of the Management Agreement shall survive its termination, and (2) Owner will continue to be responsible for
