If the release is structured properly your goals can be achieved. The standard mutual release will not address many of those issues.
The above is general legal and business analysis. It is not "legal advice" but analysis, and different lawyers may analyse this matter differently, especially if there are additional facts not reflected in the question. I am not your attorney until retained by a written retainer agreement signed by both of us. I am only licensed in California. See also avvo.com terms and conditions item 9, incorporated as if it was reprinted here.
How a release is structured will determine whether your objectives can be reached. You need to consult with a good business lawyer in the LA area to determine how to go about this. It will probably involve a trade-off between the amount of compensation you receive for your interest, and your other goals. Avvo has a lot of good lawyers in the LA area with whom you can consult.
www.bayoaklaw.com. 510-208-5500. This answer does not create an attorney-client relationship. It is not legal advice, because it is only of a general nature. Please contact a lawyer qualified in your jurisdiction to discuss your situation in confidence, using your factual details. Avvo answers are only general legal responses. Item 9 of Avvo.com's Terms and Conditions are incorporated in this disclaimer as though it were printed here.
I agree with my colleagues:
It might, or it might not. You need to retain a business lawyer to determine whether and how your objective maybe attained.
This information does not constitute legal advice and does not establish an attorney-client relationship.