The Termination of Service Agreement is essential when parties wish to formally end their existing service arrangement under Dutch law. This document is typically used when both parties mutually agree to terminate their service relationship, or when termination is initiated according to the terms of the original agreement. It addresses crucial aspects such as final settlements, asset returns, data handling, and ongoing obligations post-termination. The agreement ensures compliance with Dutch legal requirements, including the Dutch Civil Code (Burgerlijk Wetboek) provisions regarding service agreements and termination conditions. It's particularly important for maintaining clear records, preventing future disputes, and ensuring smooth transition of services where necessary.
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1. Parties: Identification of the service provider and service recipient with full legal names and addresses
2. Background: Reference to the original service agreement, its date, and brief context for the termination
3. Definitions: Key terms used in the agreement, including references to the original service agreement terms
4. Termination Date: Specific date when the service agreement will terminate
5. Outstanding Payments: Details of any final payments, reconciliation of accounts, or financial settlements
6. Return of Property: Obligations regarding the return of any physical or digital assets, documentation, or materials
7. Confidentiality: Ongoing obligations regarding confidential information post-termination
8. Data Protection: Handling of personal data post-termination and ongoing GDPR compliance obligations
9. Mutual Release: Release of claims and obligations, except those specifically surviving termination
10. Surviving Provisions: Identification of which provisions from the original agreement remain in effect
11. Governing Law and Jurisdiction: Confirmation of Dutch law application and jurisdiction for disputes
12. Signatures: Execution blocks for all parties
1. Transition Services: Include when handover of services to another provider is required
2. Intellectual Property Rights: Include when there are specific IP rights to address post-termination
3. Non-Competition: Include when continuing non-compete obligations need to be specified
4. Customer Communication: Include when termination affects third-party customers requiring notification
5. Insurance: Include when specific insurance obligations continue post-termination
6. Employee Matters: Include when termination affects employee relationships or transfers
7. Dispute Resolution: Include when specific dispute resolution mechanisms are needed beyond standard court jurisdiction
1. Schedule 1 - Financial Settlement: Detailed breakdown of final payments, fees, and financial reconciliation
2. Schedule 2 - Property Inventory: List of all physical and digital assets to be returned or transferred
3. Schedule 3 - Transition Plan: Detailed timeline and steps for service transition if applicable
4. Appendix A - Original Service Agreement: Copy of the original service agreement being terminated
5. Appendix B - Data Processing Terms: Specific terms regarding ongoing data protection obligations and data handling
6. Appendix C - Surviving Obligations: Detailed list of specific obligations that survive termination
Relevant legal definitions
Agreement
Original Service Agreement
Service Provider
Service Recipient
Effective Date
Termination Date
Transition Period
Services
Confidential Information
Intellectual Property Rights
Personal Data
Deliverables
Outstanding Fees
Transition Services
Representatives
Surviving Provisions
Business Day
Force Majeure
Parties
Territory
Applicable Law
Data Protection Laws
GDPR
Group Company
Material Breach
Notice
Property
Service Level Agreement
Specifications
Third Party
Original Service Agreement
Service Provider
Service Recipient
Effective Date
Termination Date
Transition Period
Services
Confidential Information
Intellectual Property Rights
Personal Data
Deliverables
Outstanding Fees
Transition Services
Representatives
Surviving Provisions
Business Day
Force Majeure
Parties
Territory
Applicable Law
Data Protection Laws
GDPR
Group Company
Material Breach
Notice
Property
Service Level Agreement
Specifications
Third Party
Clauses
Interpretation
Termination Date
Final Payment
Transition
Return of Property
Confidentiality
Data Protection
Intellectual Property
Non-Compete
Non-Solicitation
Mutual Release
Indemnification
Surviving Obligations
Force Majeure
Notices
Assignment
Severability
Entire Agreement
Amendment
Waiver
Third Party Rights
Costs
Governing Law
Jurisdiction
Dispute Resolution
Representations and Warranties
Further Assurance
Counterparts
Termination Date
Final Payment
Transition
Return of Property
Confidentiality
Data Protection
Intellectual Property
Non-Compete
Non-Solicitation
Mutual Release
Indemnification
Surviving Obligations
Force Majeure
Notices
Assignment
Severability
Entire Agreement
Amendment
Waiver
Third Party Rights
Costs
Governing Law
Jurisdiction
Dispute Resolution
Representations and Warranties
Further Assurance
Counterparts
Relevant Industries
Information Technology
Professional Services
Consulting
Facilities Management
Healthcare Services
Financial Services
Telecommunications
Marketing and Advertising
Construction
Engineering
Education and Training
Property Management
Logistics and Supply Chain
Business Process Outsourcing
Relevant Teams
Legal
Procurement
Operations
Finance
Compliance
Risk Management
Commercial
Service Delivery
Account Management
Business Development
Contract Administration
Relevant Roles
Legal Counsel
Contract Manager
Procurement Manager
Operations Director
Chief Operating Officer
Service Delivery Manager
Account Manager
Business Relationship Manager
Compliance Officer
Risk Manager
Project Manager
Commercial Director
Chief Financial Officer
General Counsel
Business Unit Director
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