The Notice Of Termination Of License Agreement is a crucial legal document used when one party wishes to formally end a licensing arrangement in India. This document is typically employed when there has been a breach of the original agreement, when the license term has naturally expired, or when termination rights are being exercised according to the agreement's provisions. The notice must be drafted in compliance with Indian contract law and may be triggered by various circumstances such as payment defaults, breach of terms, unauthorized use of licensed material, or strategic business decisions. It should clearly reference the original license agreement, state the grounds for termination, specify the effective date, and outline any post-termination obligations. The document's format and content must align with Indian legal requirements, including those specified in the Indian Contract Act, 1872, and relevant intellectual property laws.

1. Sender's Details: Full name, address, and contact information of the party sending the termination notice

2. Date: The date when the notice is being issued

3. Recipient's Details: Full name, address, and contact information of the party receiving the termination notice

4. Subject Line: Clear indication that this is a Notice of Termination of License Agreement with reference number of the original agreement

5. Reference to Original Agreement: Details of the original license agreement including date of execution and parties involved

6. Notice of Termination: Clear statement of intent to terminate the agreement

7. Grounds for Termination: Specific reasons for termination, referring to relevant clauses in the original agreement

8. Effective Date: Clear statement of when the termination will take effect

9. Immediate Actions Required: List of actions that must be taken by the licensee (e.g., cease usage, return materials)

10. Signature Block: Formal closure with name, title, and signature of the authorized representative