Document background
The Termination Of License Agreement Letter is a crucial document used when one party wishes to formally end a licensing arrangement under Belgian law. It is typically employed when a license agreement needs to be terminated either due to breach, mutual agreement, or as per contractual terms. The document must comply with Belgian Civil Code requirements and relevant EU regulations, particularly regarding intellectual property rights and contract termination procedures. This letter serves multiple purposes: it officially communicates the intention to terminate, specifies the termination date, outlines post-termination obligations, addresses any outstanding payments or obligations, and provides instructions for the disposition of licensed materials. It's essential for maintaining clear business records and preventing future disputes by documenting the formal end of the licensing relationship.
