Terminate Contract With Immediate Effect Template for Philippines

1. Confidentiality Reminder: Reminder of ongoing confidentiality obligations, used when the original contract contains confidentiality provisions

2. Non-Compete/Non-Solicitation: Reminder of post-termination restrictions, included when such clauses exist in the original contract

3. Outstanding Obligations: Details of any pending obligations or payments, included when there are unresolved matters

4. Dispute Resolution: Reference to dispute resolution procedures, included when there's potential for disagreement

5. Preservation of Rights: Statement preserving rights to pursue legal remedies, included when there are potential claims

6. Acknowledgment Section: Space for counter-signature, included when receipt confirmation is required

1. Schedule A - Inventory of Items for Return: Detailed list of company property, documents, or materials to be returned

2. Schedule B - Final Settlement Calculation: Breakdown of any final payments, deductions, or financial settlements

3. Schedule C - Supporting Documentation: Evidence or documentation supporting the grounds for immediate termination

4. Schedule D - Handover Checklist: List of tasks, accounts, or responsibilities to be transferred

5. Appendix 1 - Original Contract Reference: Copy of relevant sections of the original contract being terminated

6. Appendix 2 - Compliance Certification: Form for certifying compliance with termination requirements