TERMINATION AGREEMENT
Effective date: [DATE]. Complete the bracketed fields and remove unused options before signing.
Party A: [FULL LEGAL NAME], [ADDRESS], [NOTICE EMAIL].
Party B: [FULL LEGAL NAME], [ADDRESS], [NOTICE EMAIL].
1. CONTRACT AND END DATE
Original contract, date, parties and amendments: [DETAILS]. The parties mutually end it on [DATE / TIME]. Performance required until that time: [DETAILS]. Required third-party consents: [DETAILS OR NONE].
2. FINAL ACCOUNT
Unpaid fees, refunds, deposits, approved expenses and taxes: [ITEMIZED AMOUNTS AND CURRENCY]. Payment deadlines and method: [DETAILS]. Disputed amounts and resolution process: [DETAILS OR NONE]. No unlisted cancellation fee is created.
3. HANDOVER
Work in progress, files, property, keys, access credentials and records to transfer or return: [LIST, RESPONSIBLE PERSON AND DEADLINE]. Personal data retention or deletion and permitted records: [TERMS]. Customer or supplier notices: [RESPONSIBILITIES].
4. SURVIVING RIGHTS
Confidentiality, intellectual property licenses, warranties and other surviving provisions: [EXACT CLAUSE REFERENCES]. Accrued claims are [PRESERVED / RELEASED ONLY AS SPECIFICALLY DESCRIBED]. Any release scope and effective condition: [DETAILS OR NONE]. Termination alone does not transfer IP or release an outside guarantee.
5. IMPLEMENTATION
Contacts and final confirmation process: [DETAILS]. Failure to complete settlement or handover follows [NOTICE / CURE / REMEDY PROCESS]. Existing governing-law and dispute terms continue unless expressly changed here: [DETAILS OR NO CHANGE]. This agreement supersedes the original only on the termination matters stated above.
SIGNATURES
Party A: [NAME]
Signature: ____________________ Date: ____________________
Signing capacity, if applicable: [TITLE / CAPACITY]
Party B: [NAME]
Signature: ____________________ Date: ____________________
Signing capacity, if applicable: [TITLE / CAPACITY]