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1. Parties: Identification of all parties to the termination agreement
2. Background: Details of the original contract and circumstances leading to early termination
3. Definitions: Definitions of key terms used in the termination agreement
4. Termination Date: Specific date when the contract will terminate
5. Grounds for Termination: Legal basis and reasons for the premature termination
6. Outstanding Obligations: List of any remaining obligations to be fulfilled before termination
7. Financial Settlement: Details of any financial calculations, payments, or refunds
8. Mutual Release: Release of parties from future obligations and claims
9. Return of Property: Requirements for returning any physical or digital assets
10. Confidentiality: Ongoing confidentiality obligations post-termination
11. Surviving Provisions: Clauses from original contract that will survive termination
12. Governing Law: Confirmation of Irish law as governing law
1. Intellectual Property Rights: Handling of IP rights post-termination, used when IP was created or licensed during the contract
2. Employee/Subcontractor Arrangements: Provisions for handling affected employees or subcontractors, used when personnel transfers are involved
3. Ongoing Warranty Obligations: Handling of warranty obligations that survive termination, used for products/services with warranty periods
4. Transition Assistance: Terms for providing transition support, used when complex handover is required
5. Non-Compete/Non-Solicitation: Ongoing restrictions on business activities, used when protecting business interests is crucial
6. Insurance and Indemnities: Specific provisions about ongoing insurance requirements and indemnities, used for high-risk activities
7. Dispute Resolution: Specific dispute resolution procedures, used when standard court proceedings are not preferred
1. Schedule 1 - Financial Settlement Calculations: Detailed breakdown of all financial settlements and calculations
2. Schedule 2 - Assets for Return: Inventory of all physical and digital assets to be returned
3. Schedule 3 - Outstanding Deliverables: List of any work products or deliverables still to be completed
4. Appendix A - Original Contract: Copy of the original contract being terminated
5. Appendix B - Completion Certificate: Template certificate confirming completion of termination obligations
6. Appendix C - Release Form: Template mutual release form to be signed by all parties
Original Contract
Termination Date
Parties
Outstanding Obligations
Completion Certificate
Settlement Amount
Confidential Information
Intellectual Property Rights
Surviving Provisions
Release
Business Day
Force Majeure Event
Material Breach
Notice
Original Term
Payment Date
Related Agreements
Settlement Period
Transition Period
Termination Notice
Warranties
Working Hours
Applicable Law
Claims
Dispute
Losses
Representatives
Territory
Third Party Rights
Effective Date
Financial Settlement
Payment Terms
Outstanding Obligations
Asset Return
Confidentiality
Data Protection
Intellectual Property
Non-Compete
Non-Solicitation
Mutual Release
Indemnification
Warranties
Surviving Provisions
Force Majeure
Assignment
Dispute Resolution
Governing Law
Jurisdiction
Entire Agreement
Severability
Notices
Third Party Rights
Further Assurance
Costs
Waiver
Transition Arrangements
Employee Matters
Insurance
Information Technology
Professional Services
Manufacturing
Construction
Financial Services
Healthcare
Retail
Telecommunications
Real Estate
Energy
Transportation
Education
Media and Entertainment
Hospitality
Legal
Procurement
Finance
Compliance
Operations
Commercial
Risk Management
Business Development
Account Management
Project Management
Executive Leadership
Legal Counsel
Contract Manager
Procurement Manager
Commercial Director
Chief Financial Officer
Risk Manager
Compliance Officer
Operations Director
Project Manager
Business Development Manager
Account Manager
General Manager
Chief Executive Officer
Company Secretary
Financial Controller
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