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轉讓合同終止協議英文
?ThisTransferContractTerminationAgreement(the"Agreement")ismadeandenteredintoasof[date]byandbetween:
PartyA:
Name:[PartyA'sfullname]
Address:[PartyA'saddress]
ContactInformation:[PartyA'sphonenumber/email]
PartyB:
Name:[PartyB'sfullname]
Address:[PartyB'saddress]
ContactInformation:[PartyB'sphonenumber/email]
I.Introduction
PartyAandPartyBenteredintoaTransferContract(the"OriginalContract")on[originalcontractdate]regardingthetransferof[describethesubjectmatter,e.g.,abusiness,certainassets,intellectualpropertyrights,etc.].AsofthedateofthisAgreement,bothpartieshavemutuallyagreedtoterminatetheOriginalContractandwishtosetforththetermsandconditionsofsuchtermination.
II.SubjectMatteroftheOriginalContract
TheOriginalContractwasforthetransferof[provideadetaileddescriptionofthesubjectmatter].Thisincluded,butwasnotlimitedto:
1.Assets:[Listspecificassetssuchasequipment,inventory,realestate(ifapplicable),etc.].Foreachasset,providedetailssuchasmake,model,serialnumber,location,andanyrelevantdocumentationassociatedwithit.
2.BusinessOperations:[Describeaspectsofthebusinessbeingtransferred,e.g.,customerrelationships,contracts,goodwill,etc.].Forcustomerrelationships,listmajorcustomers,outstandingcontractswiththem,andanytransferarrangementsinplaceortobemade.
3.IntellectualProperty:[Ifapplicable,listpatents,trademarks,copyrights,tradesecrets,etc.].Providedetailsabouttheregistrationstatus,scopeofprotection,andanylicensingagreementsrelatedtotheintellectualproperty.
III.TerminationoftheOriginalContract
1.MutualAgreement:BysigningthisAgreement,bothPartyAandPartyBherebymutuallyagreetoterminatetheOriginalContractwithimmediateeffectasof[terminationdate].
2.ReturnofConsideration:
PartyBshallreturntoPartyAanyconsiderationreceivedundertheOriginalContractwithin[numberofdays]daysfromthedateofthisAgreement.Suchconsiderationshallinclude,butnotbelimitedto,paymentsmade,assetstransferred,oranyotherformofvalueprovided.
PartyAshallprovidePartyBwithadetailedlistoftheconsiderationtobereturnedwithin[numberofdays]daysofsigningthisAgreement.PartyBshallverifytheaccuracyofthelistandmakethenecessaryarrangementsforthereturnwithinthespecifiedtimeframe.
3.ReleaseofClaims:
Uponthefullreturnoftheconsiderationaspertheaboveclause,bothpartiesherebyreleaseandforeverdischargeeachother,theiraffiliates,officers,directors,employees,andagentsfromanyandallclaims,demands,actions,causesofaction,suits,debts,dues,sumsofmoney,accounts,reckonings,bonds,bills,specialties,covenants,contracts,controversies,agreements,promises,variances,trespasses,damages,judgments,executions,orclaimsforattorneys'feesandcostsofsuitofeverykindandnature,whetherknownorunknown,arisingoutoforinanywayrelatedtotheOriginalContract.
Thisreleaseshallbeeffectiveandbindinguponthepartiesandtheirrespectivesuccessorsandassigns.
IV.RightsandObligationsAfterTermination
A.PartyA'sRightsandObligations
1.Rights:
PartyAshallhavetherighttotakepossessionofanyassetsthatweretransferredundertheOriginalContractbuthavenotbeenfullyreturnedbyPartyBasoftheterminationdate.PartyAmayexercisethisrightinaccordancewiththelawandthisAgreement.
PartyAreservestherighttopursueanylegalremediesagainstPartyBincaseofnonpliancewiththetermsofthisAgreement,includingbutnotlimitedtoseekingdamagesforbreachofcontract,specificperformance,orinjunctiverelief.
2.Obligations:
PartyAshallcooperatewithPartyBtotheextentnecessarytofacilitatethereturnoftheconsiderationandthehandoverofanyremainingassetsorinformationrelatedtothesubjectmatteroftheOriginalContract.Thiscooperationshallincludeprovidingreasonableaccesstorelevantrecordsandfacilities.
PartyAshallensurethatanyinformationobtainedfromPartyBduringthecourseoftheOriginalContractiskeptconfidentialinaccordancewithapplicablelawsandanyconfidentialityagreementspreviouslyenteredintobetweentheparties.
B.PartyB'sRightsandObligations
1.Rights:
PartyBshallhavetherighttorequestPartyAtoprovideanynecessarydocumentationorassistancerelatedtotheterminationprocess,includingbutnotlimitedtodocumentsfortaxpurposesortofacilitatethewindingdownofanybusinessoperationsassociatedwiththesubjectmatteroftheOriginalContract.
PartyBmayalsoseeklegaladviceandrepresentationinrelationtotheterminationoftheOriginalContractandtheimplementationofthisAgreement.
2.Obligations:
PartyBshalluseitsbesteffortstoreturnallconsiderationreceivedfromPartyAinaccordancewiththetermsofthisAgreement.PartyBshallberesponsibleforanycostsassociatedwiththereturn,includingtransportation,storage,andanynecessaryrepairsorrefurbishmentsofassetsbeingreturned.
PartyBshallensurethatallemployees,contractors,andagentswhohadaccesstoinformationrelatedtothesubjectmatteroftheOriginalContractareinformedoftheterminationandareprohibitedfromfurtherusingordisclosingsuchinformation.PartyBshallalsotakeallreasonablestepstoprotecttheconfidentialityofanyinformationbelongingtoPartyA.
PartyBshallnotengageinanyactivitiesthatwouldunderminetheterminationoftheOriginalContractorcauseharmtoPartyA'sinterests,includingbutnotlimitedtopetingwithPartyAinrelationtothesubjectmatteroftheOriginalContractwithinareasonablegeographicalareaandtimeperiod.
V.Confidentiality
1.ConfidentialInformationDefined:ForthepurposesofthisAgreement,"ConfidentialInformation"shallincludeallinformationdisclosedbyeitherpartytotheotherpartyduringthecourseoftheOriginalContract,whetherinwriting,oral,orinanyotherform,whichismarkedasconfidentialorwhich,bythenatureoftheinformationandthecircumstancessurroundingitsdisclosure,shouldreasonablybeconsideredconfidential.Thisshallinclude,butnotbelimitedto,businessplans,financialinformation,customerlists,productdesigns,andtradesecrets.
2.ObligationtoMaintainConfidentiality:
Eachpartyshallmaintaintheconfidentialityoftheotherparty'sConfidentialInformationandshallnotdisclose,use,orpermittheuseofsuchConfidentialInformationforanypurposeotherthaninconnectionwiththeperformanceofthisAgreementorasrequiredbylaw.
TheobligationtomaintainconfidentialityshallsurvivetheterminationofthisAgreementforaperiodof[numberofyears]years.
3.Exceptions:
ApartymaydiscloseConfidentialInformationifrequiredtodosobyacourtorder,administrativesubpoena,orotherlegalprocess.Insuchcase,thepartyshallpromptlynotifytheotherpartyoftherequirementandcooperatewiththeotherpartytoseekaprotectiveorderorotherappropriaterelief.
ConfidentialInformationmayalsobedisclosedtotheextentnecessarytoenforcethetermsofthisAgreementortoprotectthelegitimateinterestsofthedisclosingpartyinalegalproceeding.
VI.NonCompeteandNonSolicitation
1.NonCompete:
PartyBcovenantsandagreesthatforaperiodof[numberofyears]yearsfromthedateofterminationoftheOriginalContract,itshallnotengageinanybusinessactivitiesthatpetedirectlywiththebusinessthatwasthesubjectmatteroftheOriginalContractwithin[geographicalarea].
ThenonpeterestrictionshallbelimitedtoactivitiesthataresubstantiallysimilartothoseconductedbyPartyAinrelationtothesubjectmatteroftheOriginalContractatthetimeoftermination.PartyBshallnotbeprohibitedfromengagingingeneralbusinessactivitiesthatdonotspecificallytargetorpetewithPartyA'sbusiness.
2.NonSolicitation:
PartyBfurthercovenantsandagreesthatforaperiodof[numberofyears]yearsfromthedateofterminationoftheOriginalContract,itshallnotdirectlyorindirectlysolicit,hire,orattempttosolicitorhireanyemployees,contractors,oragentsofPartyAwhowereinvolvedinthebusinessthatwasthesubjectmatteroftheOriginalContractatthetimeoftermination.
Thisnonsolicitationobligationshallapplyregardlessofwhethertheemployee,contractor,oragent'semploymentorengagementwithPartyAhasterminatedpriortooraftertheterminationoftheOriginalContract.
VII.Indemnification
1.IndemnifyingParty:
PartyAandPartyBshallindemnify,defend,andholdharmlesseachother,theiraffiliates,officers,directors,employees,andagentsfromandagainstanyandalllosses,damages,liabilities,costs,andexpenses(includingreasonableattorneys'fees)arisingoutoforinconnectionwith:
AnybreachofthisAgreementbytheindemnifyingparty.
Anyrepresentation,warranty,orcovenantmadebytheindemnifyingpartyinconnectionwiththeOriginalContractorthisAgreementthatprovestobefalseorinaccurate.
Anyliabilityarisingfromtheindemnifyingparty'suseoroperationofthesubjectmatteroftheOriginalContractpriortotheterminationdate.
2.IndemnificationProcess:
Thepartyseekingindemnification(the"IndemnifiedParty")shallpromptlynotifytheindemnifyingparty(the"IndemnifyingParty")inwritingofanyclaim,action,orproceedingforwhichindemnificationissought.
TheIndemnifyingPartyshallhavetherighttoassumethedefenseofsuchclaim,action,orproceedingatitsownexpense.TheIndemnifiedPartyshallcooperatefullywiththeIndemnifyingPartyinthedefense,includingprovidingallrelevantinformationandassistance.
IntheeventthattheIndemnifyingPartyfailstoassumethedefensewithinareasonabletimeframe,theIndemnifiedPartymaydefenditself,buttheIndemnifyingPartyshallstillbeliableforanyresultinglosses,damages,liabilities,costs,andexpenses.
VIII.GoverningLawandJurisdiction
1.GoverningLaw:ThisAgreementshallbegovernedbyandconstruedinaccordancewiththelawsof[nameofjurisdiction].
2.Jurisdiction:AnydisputesarisingoutoforinconnectionwiththisAgreementshallbesubjecttotheexclusivejurisdictionofthecourtslocatedin[nameofjurisdiction].
Ix.EntireAgreement
1.ThisAgreementconstitutestheentireagreementbetweenthepartieswithrespecttothesubjectmatterhereofandsupersedesallprioragreementsandunderstandings,oralorwritten,relatingtothesame.
2.Nomodification,amendment,orwaiverofanyprovisionofthisAgreementshallbeeffectiveunlessinwritingandsignedbybothparties.
x.Severability
IfanyprovisionofthisAgreementisheldtobeinvalid,illegal,orunenforceable,thevalidity,legality,andenforceabilityoftheremainingprovisionsshallinnowayinanywaybeaffectedorimpaired.
xI.Waiver
NowaiverbyeitherpartyofanybreachofthisAgreementshallbedeemedawaiverofanysubsequentbreach.
xII.Counterparts
ThisAgreementmaybeexecutedincounterparts,eachofwhichshallbedeemedanoriginal,butallofwhichtogethershallconstituteoneandthesameinstrument.
INWITNESSWHEREOF,thepartieshaveexecutedthisTransferContractTerminationAgreemen
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