Termination Waiver Agreement Template for Hong Kong

1. Parties: Identification of all parties to the agreement, including their full legal names, addresses, and company registration numbers if applicable

2. Background: Context of the agreement, including reference to the original contract(s) or relationship being terminated, and the parties' desire to waive certain rights

3. Definitions: Definitions of key terms used in the agreement, including 'Effective Date', 'Original Agreement', 'Waived Rights', etc.

4. Waiver: Core provision detailing the specific rights, claims, and obligations being waived by the parties

5. Consideration: Statement of the consideration being provided in exchange for the waiver to ensure enforceability

6. Representations and Warranties: Statements by each party confirming their authority to enter into the agreement and understanding of its implications

7. Release: Mutual release of claims related to the waived rights

8. Governing Law and Jurisdiction: Specification that Hong Kong law governs the agreement and jurisdiction for dispute resolution

9. Execution: Signature blocks and execution requirements

1. Schedule of Waived Rights: Detailed list of specific rights, claims, or obligations being waived

2. Schedule of Related Agreements: List of all agreements affected by or relevant to the waiver

3. Schedule of Surviving Obligations: If applicable, detailed list of obligations that survive the waiver

4. Schedule of Required Actions: List of specific actions parties must take to implement the waiver