Contract Dissolution Agreement Template for Indonesia

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Contract Dissolution Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Contract Dissolution Agreement

"I need a Contract Dissolution Agreement for terminating a manufacturing joint venture with an Indonesian partner, including provisions for equipment transfer and employee transitions, with the dissolution to take effect from March 1, 2025."

Document background
The Contract Dissolution Agreement is a crucial legal instrument used when parties mutually decide to terminate their existing contractual relationships under Indonesian law. This document becomes necessary when business relationships need to be formally concluded, whether due to completed objectives, changed circumstances, or strategic realignment. It must comply with the Indonesian Civil Code (KUHPerdata), particularly Articles 1381-1456 governing contract termination, and may require additional regulatory compliance depending on the industry sector. The agreement typically includes provisions for financial settlements, asset distribution, confidentiality obligations, and mutual releases, ensuring a clean break while protecting all parties' interests. It's particularly important in the Indonesian business context where formal documentation of contract termination is essential for legal certainty and future reference.
Suggested Sections

1. Parties: Identification of all parties to the dissolution agreement, including their legal details and addresses

2. Background: Recitals describing the original contract, its key terms, and the context leading to dissolution

3. Definitions: Definitions of key terms used throughout the agreement

4. Dissolution Date: Specific date when the original contract will be terminated and this agreement takes effect

5. Mutual Release: Provisions for mutual release from obligations under the original contract

6. Settlement of Accounts: Details of any final payments, reconciliations, or financial settlements between parties

7. Return of Property: Provisions for returning any physical or intellectual property

8. Confidentiality: Ongoing obligations regarding confidential information

9. Surviving Obligations: Specification of any obligations that survive the dissolution

10. Governing Law: Confirmation of Indonesian law as governing law and jurisdiction

11. Signatures: Execution blocks for all parties

Optional Sections

1. Employee Matters: Required when dissolution affects employment relationships or transfer of employees

2. Tax Implications: Include when there are significant tax consequences requiring specific handling

3. Intellectual Property Rights: Needed when IP ownership or licensing needs to be addressed post-dissolution

4. Non-Compete Provisions: Include when parties wish to maintain non-competition restrictions post-dissolution

5. International Considerations: Required when dissolution involves cross-border elements

6. Dispute Resolution: Optional detailed dispute resolution procedures beyond standard court jurisdiction

7. Public Announcements: Include when parties need to coordinate public communications about the dissolution

8. Asset Division: Required when joint assets need to be divided between parties

Suggested Schedules

1. Schedule A - Original Contract: Copy of the original contract being dissolved

2. Schedule B - Financial Settlement Statement: Detailed breakdown of final financial settlements between parties

3. Schedule C - Property Inventory: List of all physical and intellectual property to be returned or transferred

4. Schedule D - Outstanding Obligations: List of any surviving obligations and their duration

5. Schedule E - Timeline: Timeline for implementing various aspects of the dissolution

6. Appendix 1 - Required Notices: Copies of any required notices or regulatory filings

7. Appendix 2 - Compliance Certificates: Any necessary compliance or clearance certificates

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

Relevant legal definitions
Relevant Industries

Manufacturing

Technology

Real Estate

Construction

Financial Services

Retail

Energy

Mining

Agriculture

Transportation

Healthcare

Education

Professional Services

Telecommunications

Hospitality

Relevant Teams

Legal

Finance

Compliance

Operations

Business Development

Risk Management

Corporate Secretariat

Commercial

Strategy

Executive Leadership

Relevant Roles

Chief Executive Officer

Chief Legal Officer

Legal Director

Contract Manager

Business Development Manager

Chief Financial Officer

Corporate Secretary

Compliance Officer

Risk Manager

Operations Director

Project Manager

General Counsel

Managing Director

Commercial Director

Partnership Manager

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

Business Dissolution Agreement

An Indonesian law-compliant agreement that formally documents the dissolution of a business entity, including asset distribution and liability settlement terms.

find out more

Contract Dissolution Agreement

An Indonesian law-governed agreement that formally terminates an existing contract between parties, outlining termination terms and mutual obligations.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.