The Termination of Agency Contract is a crucial document used when either the principal or agent wishes to formally end their agency relationship in accordance with Canadian law. It is typically employed when parties mutually agree to end their relationship, when the original agreement's term expires, or when one party exercises their right to terminate under the original agency agreement. This document serves multiple purposes: it establishes the termination date, outlines the process for final settlements, defines transition procedures, and clarifies ongoing obligations post-termination. It must comply with both federal and provincial Canadian regulations regarding agency relationships, contract termination, and business practices. The document is particularly important for protecting both parties' interests and ensuring a smooth transition while maintaining business continuity and managing potential risks.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Parties: Identification of the Principal and Agent, including full legal names and addresses
2. Background: Reference to the original agency agreement, its date, and key terms relevant to termination
3. Definitions: Key terms used in the termination agreement, including references to defined terms from the original agreement
4. Termination Notice: Formal declaration of termination, specifying the effective date and citing relevant provisions from the original agreement
5. Final Accounting: Details of final commission calculations, outstanding payments, and settlement of accounts
6. Return of Property: Requirements for returning any principal's property, materials, or confidential information
7. Transition Arrangements: Process for handling ongoing matters, transfer of clients/customers, and handover of responsibilities
8. Mutual Release: Release of claims and obligations between parties, subject to specified exceptions
9. Surviving Obligations: Specification of which obligations from the original agreement survive termination
10. Governing Law: Confirmation of applicable law and jurisdiction
1. Non-Compete Provisions: Restrictions on agent's future business activities, if applicable and enforceable
2. Customer Communication: Agreed approach for informing customers about the termination of the agency relationship
3. Dispute Resolution: Specific procedures for resolving any disputes arising from the termination
4. Insurance: Requirements for maintaining professional liability insurance post-termination
5. Intellectual Property: Provisions regarding the use of trademarks, patents, or other IP post-termination
6. Data Protection: Specific provisions for handling customer data and ensuring privacy compliance post-termination
1. Schedule A - Final Commission Calculation: Detailed breakdown of final commission payments and calculations
2. Schedule B - Inventory List: List of any physical inventory or materials to be returned or accounted for
3. Schedule C - Customer List: List of customers/clients affected by the termination
4. Schedule D - Transition Timeline: Detailed timeline for completing all termination and transition activities
5. Appendix 1 - Original Agency Agreement: Copy of the original agency agreement being terminated
6. Appendix 2 - Outstanding Matters: List of ongoing matters requiring attention during transition
Relevant legal definitions
Agreement
Original Agency Agreement
Effective Date
Termination Date
Principal
Agent
Commission
Outstanding Commissions
Territory
Confidential Information
Intellectual Property Rights
Products
Services
Customers
Customer Records
Transition Period
Outstanding Matters
Principal's Property
Commission Period
Final Settlement
Surviving Obligations
Business Day
Force Majeure
Governing Law
Notice
Related Parties
Representatives
Termination Payment
Transition Plan
Working Hours
Original Agency Agreement
Effective Date
Termination Date
Principal
Agent
Commission
Outstanding Commissions
Territory
Confidential Information
Intellectual Property Rights
Products
Services
Customers
Customer Records
Transition Period
Outstanding Matters
Principal's Property
Commission Period
Final Settlement
Surviving Obligations
Business Day
Force Majeure
Governing Law
Notice
Related Parties
Representatives
Termination Payment
Transition Plan
Working Hours
Clauses
Termination Notice
Final Settlement
Commission Calculations
Property Return
Confidentiality
Non-Competition
Non-Solicitation
Intellectual Property
Customer Transition
Data Protection
Indemnification
Release of Claims
Surviving Obligations
Dispute Resolution
Governing Law
Notice Requirements
Force Majeure
Assignment
Severability
Entire Agreement
Amendment
Waiver
Costs
Further Assurance
Third Party Rights
Counterparts
Time of Essence
Transition Arrangements
Records Retention
Insurance
Final Settlement
Commission Calculations
Property Return
Confidentiality
Non-Competition
Non-Solicitation
Intellectual Property
Customer Transition
Data Protection
Indemnification
Release of Claims
Surviving Obligations
Dispute Resolution
Governing Law
Notice Requirements
Force Majeure
Assignment
Severability
Entire Agreement
Amendment
Waiver
Costs
Further Assurance
Third Party Rights
Counterparts
Time of Essence
Transition Arrangements
Records Retention
Insurance
Relevant Industries
Retail
Manufacturing
Insurance
Real Estate
Financial Services
Technology
Pharmaceutical
Automotive
Consumer Goods
Professional Services
Advertising and Marketing
Import/Export
Healthcare
Construction
Telecommunications
Relevant Teams
Legal
Commercial Operations
Sales
Business Development
Compliance
Risk Management
Finance
Operations
Contract Administration
Corporate Affairs
Relevant Roles
Chief Executive Officer
Managing Director
Commercial Director
Legal Counsel
Contract Manager
Business Development Manager
Sales Director
Operations Manager
Compliance Officer
Risk Manager
Agency Relations Manager
Account Manager
Finance Manager
Commercial Operations Director
General Counsel
Find the exact document you need
Founder Exit Agreement
A Canadian law-governed agreement outlining terms and conditions for a founder's exit from a company, including share transfers, settlements, and mutual obligations.
find out more
Exit Contract
A Canadian-law governed agreement that formalizes employment termination, outlining separation terms and ensuring compliance with federal and provincial employment standards.
find out more
Employment Contract End Date
A Canadian-compliant formal notice documenting employment termination, including end date, notice period, and final entitlements.
find out more
Termination Oflance Contract
A Canadian-compliant legal document for terminating freelance contracts, addressing deliverables, payments, and post-termination obligations.
find out more
Termination Letter For Service Provider
A formal notice under Canadian law to terminate a service provider agreement, including termination terms, conditions, and timeline.
find out more
Terminate House Contract
A legal document for terminating residential lease agreements in Canada, ensuring compliance with provincial tenancy laws and protecting both landlord and tenant interests.
find out more
Cancellation Of Contract (Real Estate)
A Canadian legal document that terminates a real estate purchase agreement and outlines the terms for mutual release and deposit handling.
find out more
Termination Of Contract By Contractor
A Canadian law-compliant document for contractors to formally terminate their service agreements with clients, outlining termination terms and transition arrangements.
find out more
Time Contract Termination
A Canadian-compliant document for terminating time-specific employment contracts, detailing termination terms and final arrangements.
find out more
Real Estate Contract Termination
A Canadian legal document that formally terminates a real estate purchase agreement between parties, addressing deposit handling and mutual release of obligations.
find out more
Cancellation Agreement (Real Estate)
A Canadian-compliant agreement for terminating real estate purchase and sale transactions, including deposit return and mutual release provisions.
find out more
Surrender Of Lease
A Canadian legal document that formally terminates a lease agreement before its natural expiry, outlining terms for property surrender and mutual release of obligations.
find out more
Termination Of Retainer
A Canadian legal document that formally terminates a professional retainer agreement between a lawyer/law firm and their client, ensuring compliance with provincial law society requirements.
find out more
Termination Of Apprenticeship Contract
A Canadian legal document that formally ends an apprenticeship relationship between employer and apprentice, ensuring compliance with provincial regulations.
find out more
Terminate Contract With Immediate Effect
A Canadian-compliant legal document for immediate contract termination, including termination grounds, effects, and post-termination obligations.
find out more
Rental Contract Termination Letter
A formal Canadian legal document used by tenants to notify landlords of their intention to terminate a rental agreement, complying with provincial tenancy laws.
find out more
Commercial Lease Termination Letter To Landlord
A formal notice document used in Canadian jurisdictions by commercial tenants to officially inform landlords of their intention to terminate a lease agreement.
find out more
Termination Of Commercial Lease
A Canadian legal document that formally terminates a commercial lease agreement between landlord and tenant, outlining termination terms and mutual obligations.
find out more
Surrender Of Tenancy Agreement
A Canadian legal agreement documenting the mutual consent to terminate a lease early, outlining surrender terms and conditions while ensuring provincial compliance.
find out more
Assignment Of Lease Agreement
A Canadian legal document that transfers lease rights and obligations from an existing tenant to a new tenant, with landlord approval.
find out more
Mutual Contract Termination Agreement
A Canadian legal document that formally terminates an existing contract by mutual agreement of the parties, outlining termination terms and mutual releases.
find out more
Termination Of Commercial Lease Agreement
A Canadian legal document that formally terminates a commercial lease agreement between landlord and tenant, outlining termination terms and mutual obligations.
find out more
Termination Agreement
A Canadian legal document that formalizes the termination of employment, outlining separation terms and ensuring compliance with federal and provincial employment laws.
find out more
Agreement To Cancel Lease
A Canadian legal document that formalizes the mutual agreement between landlord and tenant to terminate a lease early, outlining termination terms and settlements.
find out more
Termination Of Lease Letter
A formal notice compliant with Canadian provincial laws used to terminate a lease agreement between landlord and tenant, specifying termination details and party obligations.
find out more
Termination Of Lease Agreement During Lock In Period
A Canadian legal agreement that facilitates the early termination of a lease during its lock-in period, outlining termination terms and ensuring compliance with provincial tenancy laws.
find out more
Termination Of Development Agreement
A Canadian law-governed agreement that formally terminates a development agreement and settles all related obligations between the parties.
find out more
Termination Letter Distribution Agreement
A Canadian law-governed formal notice terminating a distribution agreement, specifying termination terms and post-termination obligations.
find out more
Mutual Agreement Termination Of Employment Letter
A Canadian legal document recording the mutual agreement between employer and employee to end employment, outlining termination terms and conditions.
find out more
Termination Of Temporary Employment Letter
A formal letter used in Canadian jurisdictions to terminate temporary employment arrangements, ensuring compliance with federal and provincial employment standards while documenting termination terms.
find out more
Termination Of Lease Letter To Tenant
A legally compliant Canadian notice document used to formally communicate the termination of a lease agreement to a tenant, adhering to provincial residential tenancy laws.
find out more
Termination Of Business Relationship
A Canadian-law governed agreement that formally terminates a business relationship between parties, outlining termination terms and post-termination obligations.
find out more
Mutual Termination Of Commercial Lease Agreement
A Canadian legal agreement for the consensual early termination of a commercial lease, documenting the terms and conditions agreed upon by both landlord and tenant.
find out more
Lease Break Agreement
A Canadian legal document facilitating the mutually agreed early termination of a lease, compliant with provincial tenancy laws.
find out more
End Of Service Contract
A Canadian-law governed End of Service Contract establishing terms and conditions for employment termination, including severance, benefits, and mutual releases.
find out more
End Of Fixed Term Contract
A Canadian-compliant document formalizing the conclusion of a fixed-term employment contract, including termination details and final arrangements.
find out more
End Of Employment Contract
A Canadian legal agreement that formalizes employment termination terms, including severance, final payments, and mutual obligations.
find out more
End Of Contract Letter To Client
A formal letter used in Canadian business context to officially communicate and document the conclusion of a service contract with a client.
find out more
Cancellation Agreement
A Canadian law-governed agreement that formally terminates an existing contract between parties, outlining termination terms and mutual obligations.
find out more
End Tenancy Agreement Early
A Canadian legal document for terminating a lease agreement before its scheduled end date, compliant with provincial residential tenancy laws.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)