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合同終止協議英文
?ThisContractTerminationAgreement(the"Agreement")ismadeandenteredintoasof[date]byandbetween[PartyA'sname],a[typeofentity]organizedandexistingunderthelawsof[country/state]withitsprincipalplaceofbusinessat[address](hereinafterreferredtoas"PartyA"),and[PartyB'sname],a[typeofentity]organizedandexistingunderthelawsof[country/state]withitsprincipalplaceofbusinessat[address](hereinafterreferredtoas"PartyB").
I.Recitals
1.PartyAandPartyBenteredintoa[contractname]on[contractexecutiondate](the"OriginalContract")inrelationto[descriptionofthesubjectmatterorservice].
2.Forvariousreasons,thepartiesnowdesiretoterminatetheOriginalContractandreachanagreementontheterminationtermsandthesettlementofrelevantmatters.
II.IdentificationoftheParties
1.PartyA
LegalName:[PartyA'sfulllegalname]
RegisteredAddress:[PartyA'sregisteredaddress]
ContactInformation:[Phonenumber,emailaddress,etc.]
2.PartyB
LegalName:[PartyB'sfulllegalname]
RegisteredAddress:[PartyB'sregisteredaddress]
ContactInformation:[Phonenumber,emailaddress,etc.]
III.DescriptionoftheSubjectMatterorService
1.OriginalContractSubjectMatter/Service
TheOriginalContractwasforthe[descriptionofthemainpurpose,e.g.,supplyof[goodsname]fromPartyAtoPartyB,orprovisionof[servicename]byPartyBtoPartyA].
Thespecificdetailsofthegoodsorservicesincluded[listkeyfeatures,quantities,qualitystandards,deliveryschedules,servicescopes,etc.aspertheOriginalContract].Forexample,ifitwasagoodssupplycontract,itmightstatethatPartyAwastosupply[x]unitsof[productname]of[specificqualitygrade]toPartyBat[deliverylocations]on[specificdeliverydates].Ifitwasaservicecontract,itcoulddetailtheservicestobeprovidedbyPartyB,suchas[descriptionofservices],withaserviceperiodfrom[startdate]to[enddate].
IV.TerminationoftheOriginalContract
1.TerminationDate
ThepartiesherebyagreethattheOriginalContractshallterminateasof[terminationdate].
2.EffectofTermination
UpontheterminationoftheOriginalContract,allrightsandobligationsofthepartiesundertheOriginalContractshallcease,exceptasotherwiseprovidedinthisAgreement.
V.RightsandObligationsofthePartiesafterTermination
A.PartyA'sRightsandObligations
1.Rights
PartyAshallhavetherighttodemandthatPartyBreturnanyproperty,documents,orinformationthatPartyAprovidedtoPartyBundertheOriginalContractandthatarestillinPartyB'spossession.
PartyAreservestherighttopursueanylegalremediesavailabletoitincaseofanybreachbyPartyBofthetermsofthisAgreement.
2.Obligations
PartyAshallpaytoPartyBanyamountsthataredueandpayableundertheOriginalContractasoftheterminationdate,providedthatPartyBhasfullyperformeditsobligationsuptothatpoint.
PartyAshallcooperatewithPartyBtotheextentnecessarytoeffectuatetheproperterminationoftheOriginalContract,suchasprovidinganynecessarydocumentationorinformationrelatedtotheterminationprocess.
B.PartyB'sRightsandObligations
1.Rights
PartyBshallhavetherighttoreceivepaymentfromPartyAforanyworkperformedorgoodssuppliedbyPartyBpriortotheterminationdateandinaccordancewiththetermsoftheOriginalContract.
PartyBmayretainanyintellectualpropertyrightsthatithasindependentlydevelopedinconnectionwiththeperformanceoftheOriginalContract,subjecttothetermsofanyapplicablelawsandagreements.
2.Obligations
PartyBshallimmediatelyceaseallactivitiesrelatedtotheperformanceoftheOriginalContractasoftheterminationdate.
PartyBshallreturntoPartyAanyproperty,documents,orinformationthatPartyAprovidedtoPartyBundertheOriginalContractandthatarestillinPartyB'spossession.PartyBshallensurethatsuchproperty,documents,andinformationareinthesameconditionaswhenreceived,reasonablewearandtearexcepted.
PartyBshallindemnifyandholdPartyAharmlessfromandagainstanyandallclaims,losses,damages,liabilities,andexpenses(includingbutnotlimitedtoattorneys'fees)arisingoutoforinconnectionwithPartyB'sbreachofthisAgreementoritsobligationsundertheOriginalContractaftertheterminationdate.
VI.PaymentandSettlement
1.FinalPayment
PartyAshallmakeafinalpaymenttoPartyBwithin[numberofdays]daysaftertheterminationdateforallgoodsorservicesprovidedbyPartyBthatareacceptedanddueasoftheterminationdate.TheamountofthisfinalpaymentshallbecalculatedbasedonthepriceandquantityagreeduponintheOriginalContractfortheworkperformedorgoodssupplieduptotheterminationdate.
Thepaymentshallbemadeby[paymentmethod,e.g.,banktransfertoPartyB'sdesignatedbankaccount].
2.SettlementofAccounts
ThepartiesshallconductafinalsettlementofallaccountsrelatedtotheOriginalContractwithin[numberofdays]daysaftertheterminationdate.Thisshallincludereconciliationofallinvoices,payments,andanyoutstandingamounts.
Incaseofanydisputesregardingthesettlementofaccounts,thepartiesshallfollowthedisputeresolutionproceduressetforthinthisAgreement.
VII.Confidentiality
1.ConfidentialInformationDefined
ForthepurposesofthisAgreement,"ConfidentialInformation"shallmeananyinformationdisclosedbyeitherpartytotheotherpartyinconnectionwiththeOriginalContract,includingbutnotlimitedtobusinesssecrets,technicalknowhow,customerlists,financialinformation,andanyothernonpublicinformation.
2.ObligationtoMaintainConfidentiality
EachpartyshallkeepconfidentialallConfidentialInformationreceivedfromtheotherpartyandshallnotdisclosesuchConfidentialInformationtoanythirdpartywithoutthepriorwrittenconsentofthedisclosingparty,exceptasrequiredbylaw.
ThisobligationofconfidentialityshallsurvivetheterminationofthisAgreementforaperiodof[numberofyears]years.
VIII.NonCompeteandNonSolicitation
1.NonCompete
Foraperiodof[numberofyears]yearsaftertheterminationdate,PartyBshallnotengageinanybusinessactivitiesthatareindirectpetitionwiththebusinessactivitiesofPartyAthatwerethesubjectoftheOriginalContract.
Thenonpetescopeshallbelimitedto[descriptionofthegeographicalarea,productlines,orserviceareasrelevanttothepetitionrestriction].
2.NonSolicitation
PartyBshallnot,foraperiodof[numberofyears]yearsaftertheterminationdate,solicitorattempttosolicitanyemployees,customers,orbusinesspartnersofPartyAwhowereinvolvedintheOriginalContract.
Ix.IntellectualPropertyRights
1.OwnershipofIntellectualProperty
Eachpartyshallretainownershipofitsownintellectualpropertyrights,includingbutnotlimitedtopatents,trademarks,copyrights,andtradesecrets,thatwereusedordevelopedinconnectionwiththeperformanceoftheOriginalContract.
However,incaseofjointlydevelopedintellectualproperty,thepartiesshallhavetherightsandobligationsasagreeduponintheOriginalContractorasdeterminedbyapplicablelaws.
2.LicenseandUseRights
AnylicenserightsgrantedundertheOriginalContractshallterminateasoftheterminationdate,unlessotherwiseprovidedinthisAgreement.
PartyAandPartyBshallnotuseeachother'sintellectualpropertyrightsaftertheterminationdateinamannerthatviolatestheotherparty'srightsorthisAgreement.
x.RepresentationsandWarranties
1.PartyA'sRepresentationsandWarranties
PartyArepresentsandwarrantsthatithasthelegalrightandauthoritytoenterintothisAgreementandtoperformitsobligationshereunder.
PartyAfurtherrepresentsandwarrantsthattheinformationprovidedbyitinconnectionwiththisAgreementistrue,accurate,andplete.
2.PartyB'sRepresentationsandWarranties
PartyBrepresentsandwarrantsthatithasthelegalrightandauthoritytoenterintothisAgreementandtoperformitsobligationshereunder.
PartyBfurtherrepresentsandwarrantsthatithasfullyperformeditsobligationsundertheOriginalContractuptotheterminationdateandthattherearenooutstandingdisputesorclaimsagainstitundertheOriginalContract.
PartyBrepresentsandwarrantsthatitwillplywithallapplicablelawsandregulationsinrelationtotheterminationoftheOriginalContractandtheperformanceofitsobligationsunderthisAgreement.
xI.Indemnification
1.IndemnificationbyPartyB
PartyBshallindemnify,defend,andholdPartyAharmlessfromandagainstanyandallclaims,losses,damages,liabilities,andexpenses(includingbutnotlimitedtoattorneys'fees)arisingoutoforinconnectionwith:
PartyB'sbreachoftheOriginalContractorthisAgreement.
AnyclaimsmadebythirdpartiesagainstPartyArelatedtoPartyB'sactionsoromissionsduringtheperformanceoftheOriginalContract.
PartyB'suseordisclosureofPartyA'sConfidentialInformationinviolationofthisAgreement.
2.IndemnificationbyPartyA
PartyAshallindemnify,defend,andholdPartyBharmlessfromandagainstanyandallclaims,losses,damages,liabilities,andexpenses(includingbutnotlimitedtoattorneys'fees)arisingoutoforinconnectionwith:
PartyA'sbreachoftheOriginalContractorthisAgreement.
AnyclaimsmadebythirdpartiesagainstPartyBrelatedtoPartyA'sactionsoromissionsduringtheperformanceoftheOriginalContract.
PartyA'suseordisclosureofPartyB'sConfidentialInformationinviolationofthisAgreement.
xII.ForceMajeure
1.DefinitionofForceMajeure
ForthepurposesofthisAgreement,"ForceMajeure"shallmeananyeventorcircumstancebeyondthereasonablecontrolofaparty,includingbutnotlimitedtoactsofGod,naturaldisasters,wars,riots,strikes,lockouts,governmentactions,andanyothersimilareventsthatpreventapartyfromperformingitsobligationsunderthisAgreement.
2.EffectofForceMajeure
IfapartyisunabletoperformitsobligationsunderthisAgreementduetoForceMajeure,suchpartyshallnotifytheotherpartyinwritingassoonaspracticableandshallprovidedetailsoftheForceMajeureevent.
TheaffectedpartyshallbeexcusedfromperformanceforthedurationoftheForceMajeureevent,providedthatittakesallreasonablestepstomitigatetheeffectsoftheForceMajeureandtoresumeperformanceassoonastheForceMajeureeventceases.
xIII.GoverningLawandJurisdiction
1.GoverningLaw
ThisAgreementshallbegovernedbyandconstruedinaccordancewiththelawsof[country/state].
2.Jurisdiction
AnydisputesarisingoutoforinconnectionwiththisAgreementshallbesubjecttotheexclusivejurisdictionofthecourtsof[city/county,state/country].
xIV.EntireAgreement
1.ThisAgreementconstitutestheentireagreementbetweenthepartieswithrespecttothesubjectmatterhereofandsupersedesallprioragreementsandunderstandings,oralorwritten,relatingtothesame.
2.Noamendment,modification,orwaiverofanyprovisionofthisAgreementshallbeeffectiveunlessinwritingandsignedbybothparties.
xV.Severability
IfanyprovisionofthisAgreementisheldtobeinvalid,illegal,orunenforceable,thevalidity,legality,andenforceabilityoftheremainingprovisionsshallinnowayinanywaybeaffectedorimpaired.
xVI.Waiver
NowaiverbyeitherpartyofanybreachofthisAgreementshallbedeemedawaiverofanysubsequentbreach.
xVII.Counterparts
ThisAgreementmaybeexecutedincounterparts,eachofwhichshallbedeemedanoriginal,butallofwhichtogethershallconstituteoneandthesameinstrument.
INWITNESSWHEREOF,thepartieshaveexecutedthisContractTerminationAgreementaso
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