Cancellation Agreement And Mutual Release Template for Hong Kong

1. Transition Arrangements: Include when there needs to be a handover period or transition of services/responsibilities

2. Surviving Provisions: Include when specific provisions from the original agreement need to survive cancellation

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

4. Non-Disparagement: Include when parties wish to prevent negative statements about each other

5. Cooperation: Include when ongoing cooperation is needed for specific matters like regulatory filings

6. Third Party Rights: Include when the cancellation affects rights of third parties

1. Schedule 1 - Original Agreement(s): Copy or details of the agreement(s) being cancelled

2. Schedule 2 - Settlement Amount Calculation: Detailed calculation of any settlement amounts if applicable

3. Schedule 3 - Property List: List of property, materials, or information to be returned or destroyed

4. Schedule 4 - Surviving Obligations: Detailed list of obligations that survive the cancellation

5. Appendix A - Form of Release: Standard form of release if multiple parties or entities need to execute releases