The Termination By Mutual Agreement Template UK is offered in multiple formats, including PDF, Word, and Google Docs, featuring both editable and printable versions for your convenience.
Termination By Mutual Agreement Template UK Editable – PrintableSample
Termination By Mutual Agreement Template UK 1. Parties Involved 2. Party Two Information 3. Agreement Context 4. Reason for Termination 5. Terms of Termination 6. Settlement of Accounts 7. Release from Obligations 8. Confidentiality Clauses 9. Governing Law 10. Signatures and Acknowledgment 11. Declaration and Signatures
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WORD
Examples
[Name of the First Party]
[First Party’s ID]
[First Party’s Address]
[First Party’s Phone]
[First Party’s Email]
[Name of the Second Party]
[Second Party’s ID]
[Second Party’s Address]
[Second Party’s Phone]
[Second Party’s Email]
This agreement is made to formally terminate the existing contract between [Name of the First Party] and [Name of the Second Party], effective as of [Termination Date].
Both parties mutually agree to terminate the contract dated [Original Contract Date] under the following terms outlined herein.
Any outstanding obligations or payments due from either party shall be settled by [Settlement Date]. The parties agree that the final payment amount shall be [Final Payment Amount] paid by [Responsible Party].
Upon execution of this agreement, both parties mutually release and discharge each other from any further claims, liabilities, or obligations arising from the original contract.
Both parties agree to maintain confidentiality regarding all terms of this agreement and any proprietary information acquired during the original contract’s execution.
This agreement shall be governed by and construed in accordance with the laws of [Jurisdiction, e.g., England and Wales].
[Signature of the First Party]
[Name of the First Party]
[Signature of the Second Party]
[Name of the Second Party]
[Name of the First Party]
[First Party’s ID]
[First Party’s Address]
[First Party’s Phone]
[First Party’s Email]
[Name of the Second Party]
[Second Party’s ID]
[Second Party’s Address]
[Second Party’s Phone]
[Second Party’s Email]
This document serves as notice of the mutual decision to terminate the contractual relationship between [Name of the First Party] and [Name of the Second Party], effective [Termination Date].
The parties hereby agree and acknowledge the termination of the contract dated [Original Contract Date], having mutually consented to these terms.
Both parties agree that they shall fulfill any remaining obligations, and release each other from liability for any claims arising out of the original contract after the termination date.
Each party agrees to return any property belonging to the other party that was obtained during the execution of the contract by [Return Date].
Both parties agree to keep the contents of this termination agreement confidential and not disclose them to third parties without the mutual consent of both parties.
This agreement shall be construed in accordance with the laws of [Jurisdiction, e.g., England and Wales].
[Signature of the First Party]
[Name of the First Party]
[Signature of the Second Party]
[Name of the Second Party]
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