This template termination of agreement is a mutual agreement between two parties to terminate an existing agreement. It is recommended that agreements are not casually waived or abandoned. Instead it is important that an agreement is properly terminated in writing with a mutual agreement termination such as this. This ensures that any active rights and obligations are dealt with appropriately.
This document, which can be downloaded immediately without the need to signup, contains standard agreement termination clauses and is designed to be edited and expanded easily to suit specific requirements.
Contents of Termination of Agreement Template
- Parties, date, recitals
- Declaration of termination of agreement
- Terms of termination, for example all rights granted automatically terminating
- Statement of entire agreement, enforceability, and jurisdiction