Contract Termination Agreement
  • General Information
    • Who is First Party?
    • Who is Second Party?
    • Termination Details
    • Miscellaneous
  • Complete the Document
    • Format & Signatures

Who is First Party?

  • The first party who signs this agreement is:

  • Indicate the full name of the first party:

  • Indicate the full name of the first party's business:

  • Provide the first party's business registration number:

Who is Second Party?

  • The second party who signs this agreement is:

  • Indicate full name of the second party:

  • Indicate the second party's business or company name:

  • Provide the second party's business registration number:

Termination Details

  • Select the date on which the initial contract that is being terminated was signed by both parties:

  • Select the date on which the original contract must be terminated:

  • Do the parties wish to mutually release each other from any PAST liabilities arising under or in connection with the original contract prior to its termination?

  • Do the parties wish to establish any obligations that will continue to apply after the termination of the contract?

    !

    Post-termination obligations are duties or responsibilities that continue to apply after a contract has ended. Common examples include confidentiality obligations, non-disclosure requirements, the return of property or documents, payment of outstanding amounts, and dispute resolution provisions.

  • The post-termination obligations shall apply to:

  • List all post-termination obligations that the parties must comply with following the termination of the contract:

  • List all post-termination obligations that the first party must comply with following the termination of the contract:

  • List all post-termination obligations that the second party must comply with following the termination of the contract:

Miscellaneous

  • The laws of which jurisdiction shall apply to this agreement?

  • Are there any clauses or provisions of the existing contract that should remain in effect after the termination of the contract?

  • List all the clauses that shall survive termination of the original contract:

  • Indicate the period (in days, months, or years) following the termination date during which the clauses listed above shall remain in effect:

  • Select the date on which this agreement is being executed and signed by both parties:

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