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1. Parties: Identification of the service provider and service recipient, including full legal names and addresses
2. Background: Brief context of the original service agreement and the reason for termination
3. Definitions: Key terms used throughout the agreement, including references to the original service agreement
4. Termination Date: Specific date when the services will cease
5. Final Payment Terms: Details of any final payments, including outstanding invoices and termination fees
6. Mutual Release: Release of claims and obligations between parties post-termination
7. Return of Property: Requirements for returning any equipment, documents, or other materials
8. Surviving Obligations: Identification of provisions from the original agreement that survive termination
9. General Provisions: Standard clauses including governing law, entire agreement, and counterparts
1. Transition Services: Used when there needs to be a handover period or transition to another service provider
2. Intellectual Property Rights: Include when there are IP rights that need to be addressed post-termination
3. Non-Compete and Non-Solicitation: Include when there are ongoing restrictions on business activities
4. Data Transfer and Privacy: Include when personal or confidential data handling needs to be addressed
5. Employee Matters: Include when there are staff transfer or redundancy implications
6. Dispute Resolution: Include when specific dispute resolution mechanisms are needed
7. Insurance and Indemnification: Include when ongoing liability coverage or indemnification is required
1. Schedule A - Original Service Agreement: Copy or reference to the original service agreement being terminated
2. Schedule B - Outstanding Payments: Detailed list of all outstanding payments and calculations
3. Schedule C - Transition Plan: Detailed timeline and responsibilities for service transition if applicable
4. Schedule D - Asset Register: List of assets to be returned or transferred between parties
5. Schedule E - Data Transfer Protocol: Procedures for handling and transferring data during termination
Original Service Agreement
Effective Date
Termination Date
Services
Confidential Information
Business Day
Force Majeure
Intellectual Property Rights
Parties
Service Provider
Service Recipient
Representatives
Transition Period
Transition Services
Outstanding Fees
Final Payment
Deliverables
Company Property
Personal Information
Applicable Law
Dispute
Notice
Personnel
Related Entities
Surviving Provisions
Territory
Working Hours
Material Breach
Final Payment
Mutual Release
Confidentiality
Intellectual Property
Return of Property
Data Protection
Non-Compete
Non-Solicitation
Transition Services
Surviving Obligations
Indemnification
Liability
Dispute Resolution
Governing Law
Force Majeure
Notice
Assignment
Entire Agreement
Severability
Amendments
Counterparts
Waiver
Further Assurance
Third Party Rights
Information Technology
Professional Services
Manufacturing
Healthcare
Financial Services
Telecommunications
Construction
Consulting
Facilities Management
Business Process Outsourcing
Legal
Procurement
Operations
Vendor Management
Compliance
Risk Management
Finance
Project Management
Business Operations
Contract Administration
Chief Executive Officer
Chief Operating Officer
Procurement Manager
Contract Manager
Legal Counsel
Operations Director
Project Manager
Vendor Relations Manager
Business Unit Head
Risk Manager
Compliance Officer
Service Delivery Manager
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