Release And Cancellation Of Contract for Germany

Release And Cancellation Of Contract Template for Germany

A Release and Cancellation of Contract document governed by German law (Aufhebungsvertrag) is a formal agreement between two or more parties to terminate an existing contractual relationship and release each other from future obligations. This document, compliant with the German Civil Code (BGB), outlines the terms of termination, settles any outstanding obligations, provides mutual releases, and addresses the handling of any remaining matters such as confidentiality, property return, and surviving provisions. It includes specific formalities required under German law and can be used for various types of commercial and service contracts.

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.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Release And Cancellation Of Contract

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Release And Cancellation Of Contract?

The Release and Cancellation of Contract is essential when parties wish to formally terminate their contractual relationship by mutual agreement under German law. This document is particularly relevant when both parties agree to end their obligations before the natural expiration of the contract, or when they need to document the formal conclusion of a completed contract relationship. It should be used when parties need to clearly document the termination terms, settle any outstanding matters, and ensure legal certainty regarding the end of their contractual obligations. The document must comply with German legal requirements, particularly those set forth in the German Civil Code (BGB), and should address key aspects such as effective termination date, settlement of accounts, return of property, and surviving obligations. This type of agreement is commonly used in business relationships, service contracts, distribution agreements, and other commercial arrangements where a clean break and mutual releases are desired.

What sections should be included in a Release And Cancellation Of Contract?

1. Parties: Identification of all parties to the cancellation agreement, including their full legal names, addresses, and registration details if companies

2. Background: Details of the original contract, its date, purpose, and reason for cancellation

3. Definitions: Definitions of key terms used in the agreement, including reference to the Original Contract

4. Termination: Clear statement of mutual agreement to terminate the Original Contract and the effective date of termination

5. Settlement of Outstanding Obligations: Details of any remaining payments, services, or obligations to be fulfilled by either party

6. Mutual Release: Release of parties from future obligations under the Original Contract and mutual waiver of claims

7. Return of Property: Provisions for the return or disposal of any property, documents, or materials

8. Confidentiality: Confirmation of continuing confidentiality obligations or their termination

9. Governing Law: Confirmation of German law as governing law and jurisdiction

10. Execution: Signature blocks and execution requirements

What sections are optional to include in a Release And Cancellation Of Contract?

1. Survival Clauses: Specification of any provisions from the Original Contract that should survive termination

2. Transition Arrangements: Used when there needs to be a handover period or transition of services

3. Tax Provisions: Include when there are specific tax implications that need to be addressed

4. Intellectual Property Rights: Required when IP rights need to be addressed post-termination

5. Employee Matters: Include when the termination affects employment relationships or staff transfers

6. Insurance and Indemnities: Used when specific indemnities need to survive or insurance matters need to be addressed

7. Public Announcements: Include when parties need to agree on how to communicate the termination externally

What schedules should be included in a Release And Cancellation Of Contract?

1. Schedule 1 - Payment Schedule: Detailed breakdown of any final payments, including amounts, dates, and payment methods

2. Schedule 2 - Asset Register: List of assets to be returned or transferred between parties

3. Schedule 3 - Outstanding Obligations: Comprehensive list of remaining obligations and their resolution

4. Schedule 4 - Transition Plan: Detailed timeline and responsibilities for any transition period

5. Appendix A - Original Contract: Copy of the Original Contract being terminated

6. Appendix B - Release Forms: Standard form releases if required by multiple parties

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

Jurisdiction

Germany

Publisher

Genie AI

Cost

Free to use
Relevant legal definitions
Relevant Industries

Manufacturing

Technology

Professional Services

Retail

Construction

Healthcare

Financial Services

Telecommunications

Energy

Transportation

Real Estate

Education

Media and Entertainment

Consumer Goods

Agriculture

Hospitality

Relevant Teams

Legal

Finance

Procurement

Commercial

Operations

Risk and Compliance

Business Development

Sales

Contract Administration

Project Management

Account Management

Executive Leadership

Relevant Roles

Legal Counsel

Contract Manager

Business Development Manager

Chief Executive Officer

Chief Financial Officer

Chief Operating Officer

Procurement Manager

Commercial Director

Project Manager

Account Manager

Sales Director

Operations Manager

Risk Manager

Compliance Officer

General Manager

Managing Director

Industries
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

Find the exact document you need

Termination Of Distributorship

A German law-governed agreement that formalizes the termination of a distribution relationship, addressing statutory compensation requirements and transition arrangements.

find out more

Unilateral Cancellation Of Contract

A German law-compliant document for unilateral contract termination, following BGB requirements for formal contract cancellation.

find out more

Termination Of Retainer

A German law-governed agreement for terminating professional retainer arrangements, addressing fee settlements, handover procedures, and post-termination obligations.

find out more

Termination Of Apprenticeship Contract

A German law-governed agreement that formally ends an apprenticeship relationship, outlining termination terms and ensuring compliance with the Vocational Training Act (BBiG).

find out more

Terminate Contract With Immediate Effect

A formal notice for immediate contract termination under German law, citing compelling reasons and complying with German Civil Code requirements.

find out more

Terminate Building Contract

A German law-compliant agreement for terminating building contracts, addressing settlement terms and handover procedures under BGB regulations.

find out more

Rent Cancellation Agreement

A legally binding agreement under German law that mutually terminates a rental relationship between landlord and tenant, setting out terms for lease ending and property handover.

find out more

Mutual Termination Agreement Employment

A German law-compliant agreement documenting the mutual consent to terminate an employment relationship, outlining termination terms and final settlements.

find out more

Listing Agreement Termination

A German law-governed document that terminates an existing real estate listing agreement, settling all outstanding obligations between property owner and agent.

find out more

End Of Apprenticeship Contract

A German law-compliant agreement documenting the successful completion of an apprenticeship and establishing final terms between employer and apprentice.

find out more

Early Release Tenancy Agreement

A German law residential lease agreement incorporating provisions for early termination of tenancy under specified conditions.

find out more

End Of Lease Contract

A German law-compliant document that formally terminates a lease agreement between landlord and tenant, outlining termination conditions and final settlements.

find out more

Business Contract Termination Letter

A formal notice governed by German law that terminates a business contract, including essential termination details and compliance with German legal requirements.

find out more

Ending A Fixed Term Lease Early

A German law-compliant agreement for the early termination of a fixed-term lease, outlining termination terms and mutual obligations under the BGB.

find out more

End Of Contract Agreement

A German law-compliant agreement documenting the mutual termination of employment, including final settlements and ongoing obligations.

find out more

Tenant Termination Of Lease Letter

A formal written notice under German law from a tenant to a landlord declaring the termination of a lease agreement, complying with BGB requirements.

find out more

Early Termination Of Lease Agreement By Tenant

A German law-compliant agreement for early lease termination by tenant, structured according to BGB requirements.

find out more

Termination Of License

A German law-governed agreement that formally terminates an existing license arrangement and establishes post-termination obligations between the parties.

find out more

Termination By Agreement

A German law-compliant mutual agreement between employer and employee to terminate employment, documenting termination terms and conditions.

find out more

Premature Termination Of Contract

A German law-compliant agreement for early contract termination, including mutual releases and settlement terms under BGB requirements.

find out more

Termination Of Commercial Lease

A German law-compliant agreement for terminating commercial lease arrangements, addressing property handover and financial settlements under BGB regulations.

find out more

Surrender Of Tenancy Agreement

A German law-compliant agreement for the mutual early termination of a lease, documenting surrender terms and conditions under BGB regulations.

find out more

Professional Termination Letter

A German-law compliant termination letter for ending employment relationships, meeting all formal requirements under German labor law.

find out more

Assignment Of Lease Agreement

A German law-governed agreement transferring lease rights and obligations from an existing tenant to a new tenant, with landlord's consent.

find out more

Termination Of Contract Due To Non Performance

A formal contract termination notice under German law (BGB) due to substantial non-performance, outlining breaches and termination consequences.

find out more

Termination Of Tenancy Agreement

A German law-compliant agreement that formally terminates a tenancy relationship between landlord and tenant, setting out termination terms and property handover conditions.

find out more

End Of Lease Agreement

A German law-compliant agreement documenting the formal termination of a lease arrangement, detailing property return conditions and final settlements between landlord and tenant.

find out more

Termination Without Cause Commercial Contract

A German law-governed agreement for terminating commercial contracts without cause, including notice periods and post-termination obligations.

find out more

Termination Of Lease Letter

A formal notice under German law to end a lease agreement between tenant and landlord, complying with BGB requirements for termination.

find out more

Termination Of Contract Due To Ill Health

A German law-compliant termination notice for ending employment due to employee illness, incorporating mandatory requirements under German labor law (Kündigungsschutzgesetz) and related regulations.

find out more

Termination Letter Distribution Agreement

A German law-governed letter formally terminating a distribution agreement, specifying termination terms and post-termination obligations.

find out more

Service Contract Termination

A formal service contract termination notice compliant with German law, including essential termination details and legal requirements under the German Civil Code.

find out more

Not Renewing Lease Letter

A legally compliant German lease non-renewal notice from tenant to landlord, following BGB requirements for lease termination.

find out more

Termination Of Agency Agreement

A German law-governed agreement for terminating a commercial agency relationship, including statutory compensation claims and post-contractual obligations.

find out more

Termination Release Agreement

A German law-governed agreement that documents the mutual termination of employment, including severance terms and releases of claims between employer and employee.

find out more

Termination Of Lease Letter To Tenant

A legally compliant lease termination notice under German law (BGB) from landlord to tenant, including mandatory termination details and handover requirements.

find out more

Termination Of Business Relationship

A German law-governed agreement for the formal termination of a business relationship, addressing wind-down procedures and post-termination obligations.

find out more

Shareholder Exit Agreement

A German law-governed agreement detailing the terms and process for shareholder(s) to exit their company ownership position.

find out more

Rental Lease Termination Letter

A formal notice under German law to terminate a rental lease agreement, requiring written form and specific notice periods as per BGB regulations.

find out more

Owner Operator Lease Termination Agreement

A German law-governed agreement that terminates a lease between a property owner and business operator, addressing premises handover and financial settlements.

find out more
See more related templates

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

2 Docs LeftAccess Now