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1. Parties: Identification of all parties to the agreement, including their full legal names, addresses, and registration details as required under UAE law
2. Background: Description of the original agreement(s) being terminated, the relationship between the parties, and the reason for termination
3. Definitions: Key terms used throughout the agreement, including definition of the Original Agreement(s), Effective Date, and other relevant terms
4. Termination: Clear statement of termination of the Original Agreement(s) and the effective date of termination
5. Mutual Release: Comprehensive mutual release of claims, liabilities, and obligations between the parties
6. Settlement of Accounts: Details of any final payments, reconciliations, or financial settlements between the parties
7. Return of Property: Provisions for the return or disposal of any property, documents, or confidential information
8. Surviving Provisions: Identification of any provisions from the Original Agreement that will survive termination
9. Confidentiality: Obligations regarding confidentiality of the termination agreement and any related information
10. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for dispute resolution
11. General Provisions: Standard boilerplate provisions including entire agreement, amendments, counterparts, and notices
1. Non-Disparagement: Mutual obligations not to make negative statements about each other - typically included in high-profile or sensitive terminations
2. Tax Matters: Specific provisions dealing with tax implications of the termination - needed when significant tax consequences may arise
3. Employee Matters: Provisions dealing with treatment of employees or contractors - required when termination affects employment relationships
4. Intellectual Property Rights: Specific provisions regarding ownership and use of IP post-termination - needed when IP rights are involved
5. Third Party Rights: Provisions addressing impact on third party relationships - included when termination affects third party contracts
6. Insurance and Indemnification: Specific provisions regarding ongoing insurance obligations or indemnities - needed for high-risk terminations
7. Transition Services: Provisions for temporary continuation of certain services - needed when immediate termination isn't practical
1. Schedule 1 - Original Agreements: List and details of all agreements being terminated
2. Schedule 2 - Settlement Amount Calculation: Detailed calculation of any settlement payments or financial reconciliation
3. Schedule 3 - Property Register: List of all property, documents, or materials to be returned or transferred
4. Schedule 4 - Outstanding Obligations: List of any surviving obligations or outstanding matters to be addressed
5. Schedule 5 - Form of Public Announcement: Agreed form of any public statements regarding the termination, if applicable
6. Appendix A - Power of Attorney: Copies of authority documentation for signatories, if required under UAE law
Original Agreement
Effective Date
Termination Date
Confidential Information
Business Day
Claims
Liabilities
Outstanding Obligations
Released Claims
Released Matters
Settlement Amount
Settlement Payment
Property
Intellectual Property Rights
Representatives
Surviving Provisions
Affiliate
Dispute
Force Majeure
Governing Law
Notice
Party
Parties
UAE
Definitions
Termination
Mutual Release
Settlement
Payment
Return of Property
Confidentiality
Non-Disparagement
Representations and Warranties
Surviving Provisions
Further Assurance
Assignment
Severability
Entire Agreement
Amendment
Notices
Costs
Counterparts
Third Party Rights
Waiver
Force Majeure
Governing Law
Jurisdiction
Dispute Resolution
Technology
Construction
Manufacturing
Retail
Healthcare
Financial Services
Real Estate
Energy
Telecommunications
Professional Services
Logistics
Education
Media and Entertainment
Hospitality
Trading
Legal
Compliance
Commercial
Finance
Operations
Procurement
Risk Management
Business Development
Corporate Secretariat
Executive Leadership
Project Management
Contract Administration
Legal Counsel
Chief Legal Officer
Contract Manager
Business Development Manager
Chief Executive Officer
Chief Financial Officer
Commercial Director
Operations Manager
Procurement Manager
Risk Manager
Compliance Officer
Project Manager
General Manager
Managing Director
Company Secretary
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