Frear v. P.T.A. Industries, Inc.

KELLER, Justice.

I. ISSUE

This Court granted discretionary review to address one issue. As part of the parties’ oral agreement to settle their pending lawsuit, Appellants agreed to release Ap-pellee P.T.A. Industries, Inc., d/b/a Louisville Exterminating Company (“PTA”) from liability. When a “Release and Indemnity Agreement” was subsequently tendered for Appellants’ signature, however, Appellants refused to sign the document because, in addition to releasing P.T.A. from liability, it required Appellants to indemnify P.T.A. against any future claims by third parties. Did Appellants breach the…