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1. Parties: Identification of all parties involved in the termination agreement
2. Background: Context of the original business relationship and reason for termination
3. Definitions: Definitions of key terms used throughout the agreement
4. Effective Date of Termination: Specific date when the business relationship will officially end
5. Mutual Release: Release of parties from obligations under the original agreement(s)
6. Outstanding Obligations: Details of any remaining obligations that must be fulfilled before or after termination
7. Payment Settlement: Terms for settling any outstanding payments or financial obligations
8. Return of Property: Requirements for returning any physical or intellectual property
9. Confidentiality: Ongoing obligations regarding confidential information
10. Non-Disparagement: Agreement not to make negative statements about the other party
11. Governing Law: Specification of Malaysian law as the governing law
12. Dispute Resolution: Process for resolving any disputes arising from the termination
13. Entire Agreement: Confirmation that this document represents the complete agreement regarding termination
1. Transition Period: Terms governing any transition period, if a gradual termination is required
2. Employee Matters: Provisions regarding employees if the business relationship involved shared or transferred staff
3. Intellectual Property Rights: Detailed provisions for IP rights if significant IP was involved in the business relationship
4. Non-Compete Provisions: Restrictions on future competitive activities, if applicable
5. Customer/Client Transfer: Provisions for handling shared customers or clients
6. Warranties and Representations: Additional warranties specific to the termination context
7. Insurance and Indemnification: Specific provisions for ongoing insurance requirements or indemnification obligations
8. Public Announcements: Terms governing how the termination will be communicated to the public
1. Schedule A - Original Agreements: List and copies of all agreements being terminated
2. Schedule B - Outstanding Payments: Detailed list of all outstanding payments and financial settlements
3. Schedule C - Property Inventory: Inventory of all physical and intellectual property to be returned or transferred
4. Schedule D - Transition Plan: Detailed timeline and responsibilities for the transition period if applicable
5. Schedule E - Confidential Information: Specific list of confidential information that remains protected
6. Appendix 1 - Contact Details: Key contact persons for both parties during the termination process
7. Appendix 2 - Required Notices: Templates for any required notices or communications
Business Day
Confidential Information
Effective Date
Intellectual Property Rights
Original Agreement
Parties
Terminating Party
Counter Party
Termination Date
Outstanding Obligations
Transition Period
Mutual Release
Proprietary Information
Representatives
Settlement Amount
Territory
Working Hours
Governing Law
Force Majeure
Dispute
Affiliate
Business
Claims
Losses
Material Breach
Notice
Payment
Property
Records
Surviving Provisions
Definitions
Interpretation
Mutual Release
Payment Obligations
Outstanding Liabilities
Asset Transfer
Confidentiality
Non-Compete
Non-Solicitation
Intellectual Property
Data Protection
Return of Property
Representations and Warranties
Indemnification
Force Majeure
Dispute Resolution
Governing Law
Severability
Entire Agreement
Notices
Assignment
Transition Arrangements
Public Announcements
Survival
Further Assurance
Costs
Counterparts
Manufacturing
Technology
Retail
Financial Services
Professional Services
Construction
Healthcare
Education
Telecommunications
Energy
Logistics
Real Estate
Hospitality
Agriculture
Mining
Legal
Finance
Commercial
Operations
Business Development
Compliance
Risk Management
Corporate Affairs
Strategic Planning
Procurement
Chief Executive Officer
Managing Director
Chief Legal Officer
Legal Counsel
Contract Manager
Business Development Director
Chief Financial Officer
Commercial Director
Operations Director
Company Secretary
Risk Manager
Compliance Officer
Partnership Manager
Strategic Alliance Manager
Business Unit Head
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