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Termination Terms And Conditions

Termination Terms And Conditions Template for Austria

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Key Requirements PROMPT example:

Termination Terms And Conditions

"I need Termination Terms and Conditions for my Austrian software company's B2B service contracts, with specific provisions for data handling post-termination and graduated notice periods based on contract duration."

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Document background
These Termination Terms and Conditions are designed for use in contractual relationships governed by Austrian law, providing a standardized framework for managing contract terminations. The document is essential for businesses operating in Austria or engaging with Austrian entities, ensuring compliance with local legal requirements including the Austrian Civil Code (ABGB) and Consumer Protection Act (KSchG). It addresses various termination scenarios, from routine contract conclusions to extraordinary terminations, and includes specific provisions for both B2B and B2C relationships. The terms outline notice periods, formal requirements, consequences of termination, and continuing obligations, while also considering specific industry requirements and digital commerce regulations.
Suggested Sections

1. Parties: Identification of the contracting parties, including full legal names, addresses, and registration details if applicable

2. Background: Context of the termination terms and conditions, explaining their purpose and scope of application

3. Definitions: Clear definitions of key terms used throughout the document, including 'Termination', 'Notice Period', 'Material Breach', etc.

4. Scope of Application: Clear statement of which contracts or relationships these termination terms apply to

5. General Termination Rights: Overview of circumstances under which either party may terminate the relationship

6. Notice Periods: Detailed explanation of required notice periods for different types of termination

7. Form Requirements: Specifications for how termination notices must be delivered (written form, electronic form, etc.)

8. Effects of Termination: Consequences of termination, including handling of ongoing obligations and final settlements

9. Post-Termination Obligations: Continuing obligations that survive termination, such as confidentiality and data protection

10. Governing Law and Jurisdiction: Confirmation of Austrian law as governing law and specification of competent courts

Optional Sections

1. Special Termination Rights: Additional termination rights for specific circumstances, used when the agreement covers special situations like project-based relationships

2. Consumer Protection Provisions: Special provisions required for B2C relationships under KSchG, only included when terms apply to consumers

3. Force Majeure: Provisions for termination in case of force majeure events, included when relevant to the business context

4. Digital Services Provisions: Special termination provisions for digital services and online contracts, included when relevant under ECG

5. Partial Termination: Provisions allowing for termination of specific parts of the relationship while maintaining others, used in complex business relationships

Suggested Schedules

1. Notice Period Schedule: Detailed breakdown of notice periods for different contract types or circumstances

2. Termination Form Template: Standard template for termination notices to ensure compliance with form requirements

3. Exit Process Checklist: Checklist of actions required during the termination process

4. Fee Schedule: Schedule of any fees or charges applicable in case of early termination

5. Data Handling Protocol: Protocol for handling personal and business data post-termination

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 legal definitions
Agreement
Applicable Law
Business Day
Cause
Confidential Information
Contract Period
Contract Year
Effective Date
Extraordinary Termination
Force Majeure
Immediate Termination
Material Breach
Notice
Notice Period
Ordinary Termination
Parties
Renewal Period
Services
Termination Date
Termination Event
Termination Fee
Termination Notice
Termination Rights
Written Form
Working Days
Consumer
Business Customer
Exit Process
Partial Termination
Post-Termination Obligations
Survival Clause
Term
Digital Communication
Electronic Notice
Statutory Notice Period
Relevant Industries

Retail

E-commerce

Technology

Manufacturing

Professional Services

Financial Services

Telecommunications

Software and IT

Consumer Goods

Healthcare

Real Estate

Construction

Distribution and Logistics

Consulting

Relevant Teams

Legal

Compliance

Commercial

Sales

Procurement

Customer Service

Operations

Risk Management

Human Resources

Business Development

Contract Administration

Relevant Roles

Legal Counsel

Contract Manager

Compliance Officer

Business Development Manager

Account Manager

Sales Director

Procurement Manager

Customer Service Manager

Operations Director

Risk Manager

Commercial Director

General Counsel

HR Director

Company Secretary

CEO

Industries
Austrian Civil Code (ABGB): The fundamental law governing contractual relationships, including general provisions on contract termination, notice periods, and formal requirements for termination declarations
Consumer Protection Act (KSchG): Specific provisions for termination of consumer contracts, including mandatory cooling-off periods and restrictions on termination clauses in consumer contracts
Austrian Commercial Code (UGB): Regulations regarding termination of commercial contracts between businesses, including specific notice periods and termination requirements for commercial relationships
General Civil Code Amendment 2021: Recent updates to contract law including new provisions on termination of continuing obligations and long-term contracts
Data Protection Act (DSG): Requirements for handling personal data during and after contract termination, implementing GDPR requirements
E-Commerce Act (ECG): Specific requirements for termination of online contracts and digital services
Distance and Off-Premises Contracts Act (FAGG): Regulations regarding withdrawal rights and termination of contracts concluded at a distance or off-premises
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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