1. Surviving Provisions: Identifies any provisions from the original contract that will survive the cancellation

2. Return of Property: Detailed provisions for returning any physical or intellectual property, if applicable

3. Transition Arrangements: Procedures for handling any transition period or handover requirements

4. Tax Implications: Addresses any tax consequences of the cancellation

5. Third Party Rights: Addresses impact on any third party rights under the original contract

6. Non-Disparagement: Mutual agreement not to make negative statements about each other

7. Costs: Allocation of costs related to the cancellation process

1. Schedule 1 - Original Contract: Copy or details of the contract being cancelled

2. Schedule 2 - Settlement Statement: Detailed breakdown of any final payments or settlements

3. Schedule 3 - Property List: List of any properties or materials to be returned

4. Schedule 4 - Outstanding Obligations: List of any obligations that need to be completed before or after cancellation