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Contract Termination Letter

Contract Termination Letter Template for Austria

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Key Requirements PROMPT example:

Contract Termination Letter

"I need a Contract Termination Letter under Austrian law to end a software licensing agreement with our vendor effective March 1, 2025, including provisions for the return of proprietary information and transitional support arrangements."

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Document background
A Contract Termination Letter is a crucial legal document used in Austrian business and civil matters to formally end contractual relationships. It must be drafted in accordance with Austrian law, particularly the Austrian Civil Code (ABGB), and may need to consider additional regulations such as the Consumer Protection Act (KSchG) or Commercial Code (UGB) depending on the contract type. This document is typically used when one party wishes to end a contract within its legal or contractual termination provisions, needs to provide formal notice of termination, or must document the termination process for legal purposes. The letter should contain all legally required elements, including clear identification of parties, contract details, termination date, and legal basis for termination. It serves as official documentation and may be crucial in preventing or resolving future disputes regarding the contract termination.
Suggested Sections

1. Sender Details: Full name, address, and contact information of the party issuing the termination notice

2. Recipient Details: Full name, address, and contact information of the party receiving the termination notice

3. Date: Current date of the termination letter

4. Contract Reference: Clear identification of the contract being terminated, including original contract date and parties

5. Termination Declaration: Clear and unambiguous statement of termination intention

6. Effective Date: Specific date when the termination becomes effective, considering notice periods required by law or contract

7. Legal Basis: Reference to the relevant contract clause or legal provision allowing for termination

8. Signature: Signature block with name and title of authorized signatory

Optional Sections

1. Outstanding Obligations: Used when there are remaining duties or payments to be addressed

2. Return of Property: Include when there are physical or digital assets that need to be returned

3. Confidentiality Reminder: Include when the original contract contained confidentiality obligations that survive termination

4. Dispute Resolution: Include when there are pending issues or likely disputes to be addressed

5. Transition Arrangements: Used when specific arrangements are needed for smooth transition post-termination

6. Acknowledgment Request: Include when formal confirmation of receipt is required

Suggested Schedules

1. Proof of Delivery: Delivery receipt or tracking information for registered mail

2. Contract Copy: Copy of the original contract being terminated

3. Outstanding Items List: Detailed list of any outstanding obligations, payments, or items to be returned

4. Power of Attorney: If the letter is signed by a representative, documentation of authority to terminate

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant Industries

Legal Services

Real Estate

Manufacturing

Retail

Professional Services

Information Technology

Construction

Healthcare

Education

Financial Services

Telecommunications

Hospitality

Consulting

Transportation and Logistics

Energy and Utilities

Relevant Teams

Legal

Human Resources

Procurement

Operations

Compliance

Contract Administration

Business Development

Sales

Administration

Corporate Secretariat

Risk Management

Facility Management

Relevant Roles

Legal Counsel

Contract Manager

Business Development Manager

HR Manager

Procurement Manager

Operations Director

Company Secretary

Compliance Officer

Chief Legal Officer

Account Manager

Project Manager

Facility Manager

Sales Director

General Manager

Chief Executive Officer

Administrative Officer

Industries
Austrian Civil Code (ABGB): The fundamental legal framework governing contracts in Austria, including general provisions for contract termination (§859-937)
Austrian Consumer Protection Act (KSchG): Specific provisions for contract termination in consumer contracts, including mandatory information and cooling-off periods
Austrian Commercial Code (UGB): Regulations for commercial contracts between businesses, including specific termination provisions and notice periods
Form Requirements Act (Formerfordernissegesetz): Specifies the formal requirements for legal documents including contract terminations
Austrian Employment Contract Law Adaptation Act (AVRAG): If applicable to employment contracts, contains specific provisions for employment contract termination notices
Austrian Electronic Signature Act (SigG): Relevant if the termination letter is to be sent electronically, governing the validity of electronic signatures
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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