转让合同终止协议英文

转让合同终止协议英文

ThisTransferContractTerminationAgreement(the"Agreement")ismadeandenteredintoasof[date]byandbetween:

PartyA:

Name:[PartyA'sfullname]

Address:[PartyA'saddress]

ContactInformation:[PartyA'sphonenumber/email]

PartyB:

Name:[PartyB'sfullname]

Address:[PartyB'saddress]

ContactInformation:[PartyB'sphonenumber/email]

I.Introduction

PartyAandPartyBenteredintoaTransferContract(the"OriginalContract")on[originalcontractdate]regardingthetransferof[describethesubjectmatter,e.g.,abusiness,certainassets,intellectualpropertyrights,etc.].AsofthedateofthisAgreement,bothpartieshavemutuallyagreedtoterminatetheOriginalContractandwishtosetforththetermsandconditionsofsuchtermination.

II.SubjectMatteroftheOriginalContract

TheOriginalContractwasforthetransferof[provideadetaileddescriptionofthesubjectmatter].Thisincluded,butwasnotlimitedto:

1.Assets:[Listspecificassetssuchasequipment,inventory,realestate(ifapplicable),etc.].Foreachasset,providedetailssuchasmake,model,serialnumber,location,andanyrelevantdocumentationassociatedwithit.

2.BusinessOperations:[Describeaspectsofthebusinessbeingtransferred,e.g.,customerrelationships,contracts,goodwill,etc.].Forcustomerrelationships,listmajorcustomers,outstandingcontractswiththem,andanytransferarrangementsinplaceortobemade.

3.IntellectualProperty:[Ifapplicable,listpatents,trademarks,copyrights,tradesecrets,etc.].Providedetailsabouttheregistrationstatus,scopeofprotection,andanylicensingagreementsrelatedtotheintellectualproperty.

III.TerminationoftheOriginalContract

1.MutualAgreement:BysigningthisAgreement,bothPartyAandPartyBherebymutuallyagreetoterminatetheOriginalContractwithimmediateeffectasof[terminationdate].

2.ReturnofConsideration:

PartyBshallreturntoPartyAanyconsiderationreceivedundertheOriginalContractwithin[numberofdays]daysfromthedateofthisAgreement.Suchconsiderationshallinclude,butnotbelimitedto,paymentsmade,assetstransferred,oranyotherformofvalueprovided.

PartyAshallprovidePartyBwithadetailedlistoftheconsiderationtobereturnedwithin[numberofdays]daysofsigningthisAgreement.PartyBshallverifytheaccuracyofthelistandmakethenecessaryarrangementsforthereturnwithinthespecifiedtimeframe.

3.ReleaseofClaims:

Uponthefullreturnoftheconsiderationaspertheaboveclause,bothpartiesherebyreleaseandforeverdischargeeachother,theiraffiliates,officers,directors,employees,andagentsfromanyandallclaims,demands,actions,causesofaction,suits,debts,dues,sumsofmoney,accounts,reckonings,bonds,bills,specialties,covenants,contracts,controversies,agreements,promises,variances,trespasses,damages,judgments,executions,orclaimsforattorneys'feesandcostsofsuitofeverykindandnature,whetherknownorunknown,arisingoutoforinanywayrelatedtotheOriginalContract.

Thisreleaseshallbeeffectiveandbindinguponthepartiesandtheirrespectivesuccessorsandassigns.

IV.RightsandObligationsAfterTermination

A.PartyA'sRightsandObligations

1.Rights:

PartyAshallhavetherighttotakepossessionofanyassetsthatweretransferredundertheOriginalContractbuthavenotbeenfullyreturnedbyPartyBasoftheterminationdate.PartyAmayexercisethisrightinaccordancewiththelawandthisAgreement.

PartyAreservestherighttopursueanylegalremediesagainstPartyBincaseofnonpliancewiththetermsofthisAgreement,includingbutnotlimitedtoseekingdamagesforbreachofcontract,specificperformance,orinjunctiverelief.

2.Obligations:

PartyAshallcooperatewithPartyBtotheextentnecessarytofacilitatethereturnoftheconsiderationandthehandoverofanyremainingassetsorinformationrelatedtothesubjectmatteroftheOriginalContract.Thiscooperationshallincludeprovidingreasonableaccesstorelevantrecordsandfacilities.

PartyAshallensurethatanyinformationobtainedfromPartyBduringthecourseoftheOriginalContractiskeptconfidentialinaccordancewithapplicablelawsandanyconfidentialityagreementspreviouslyenteredintobetweentheparties.

B.PartyB'sRightsandObligations

1.Rights:

PartyBshallhavetherighttorequestPartyAtoprovideanynecessarydocumentationorassistancerelatedtotheterminationprocess,includingbutnotlimitedtodocumentsfortaxpurposesortofacilitatethewindingdownofanybusinessoperationsassociatedwiththesubjectmatteroftheOriginalContract.

PartyBmayalsoseeklegaladviceandrepresentationinrelationtotheterminationoftheOriginalContractandtheimplementationofthisAgreement.

2.Obligations:

PartyBshalluseitsbesteffortstoreturnallconsiderationreceivedfromPartyAinaccordancewiththetermsofthisAgreement.PartyBshallberesponsibleforanycostsassociatedwiththereturn,includingtransportation,storage,andanynecessaryrepairsorrefurbishmentsofassetsbeingreturned.

PartyBshallensurethatallemployees,contractors,andagentswhohadaccesstoinformationrelatedtothesubjectmatteroftheOriginalContractareinformedoftheterminationandareprohibitedfromfurtherusingordisclosingsuchinformation.PartyBshallalsotakeallreasonablestepstoprotecttheconfidentialityofanyinformationbelongingtoPartyA.

PartyBshallnotengageinanyactivitiesthatwouldunderminetheterminationoftheOriginalContractorcauseharmtoPartyA'sinterests,includingbutnotlimitedtopetingwithPartyAinrelationtothesubjectmatteroftheOriginalContractwithinareasonablegeographicalareaandtimeperiod.

V.Confidentiality

1.ConfidentialInformationDefined:ForthepurposesofthisAgreement,"ConfidentialInformation"shallincludeallinformationdisclosedbyeitherpartytotheotherpartyduringthecourseoftheOriginalContract,whetherinwriting,oral,orinanyotherform,whichismarkedasconfidentialorwhich,bythenatureoftheinformationandthecircumstancessurroundingitsdisclosure,shouldreasonablybeconsideredconfidential.Thisshallinclude,butnotbelimitedto,businessplans,financialinformation,customerlists,productdesigns,andtradesecrets.

2.ObligationtoMaintainConfidentiality:

Eachpartyshallmaintaintheconfidentialityoftheotherparty'sConfidentialInformationandshallnotdisclose,use,orpermittheuseofsuchConfidentialInformationforanypurposeotherthaninconnectionwiththeperformanceofthisAgreementorasrequiredbylaw.

TheobligationtomaintainconfidentialityshallsurvivetheterminationofthisAgreementforaperiodof[numberofyears]years.

3.Exceptions:

ApartymaydiscloseConfidentialInformationifrequiredtodosobyacourtorder,administrativesubpoena,orotherlegalprocess.Insuchcase,thepartyshallpromptlynotifytheotherpartyoftherequirementandcooperatewiththeotherpartytoseekaprotectiveorderorotherappropriaterelief.

ConfidentialInformationmayalsobedisclosedtotheextentnecessarytoenforcethetermsofthisAgreementortoprotectthelegitimateinterestsofthedisclosingpartyinalegalproceeding.

VI.NonCompeteandNonSolicitation

1.NonCompete:

PartyBcovenantsandagreesthatforaperiodof[numberofyears]yearsfromthedateofterminationoftheOriginalContract,itshallnotengageinanybusinessactivitiesthatpetedirectlywiththebusinessthatwasthesubjectmatteroftheOriginalContractwithin[geographicalarea].

ThenonpeterestrictionshallbelimitedtoactivitiesthataresubstantiallysimilartothoseconductedbyPartyAinrelationtothesubjectmatteroftheOriginalContractatthetimeoftermination.PartyBshallnotbeprohibitedfromengagingingeneralbusinessactivitiesthatdonotspecificallytargetorpetewithPartyA'sbusiness.

2.NonSolicitation:

PartyBfurthercovenantsandagreesthatforaperiodof[numberofyears]yearsfromthedateofterminationoftheOriginalContract,itshallnotdirectlyorindirectlysolicit,hire,orattempttosolicitorhireanyemployees,contractors,oragentsofPartyAwhowereinvolvedinthebusinessthatwasthesubjectmatteroftheOriginalContractatthetimeoftermination.

Thisnonsolicitationobligationshallapplyregardlessofwhethertheemployee,contractor,oragent'semploymentorengagementwithPartyAhasterminatedpriortooraftertheterminationoftheOriginalContract.

VII.Indemnification

1.IndemnifyingParty:

PartyAandPartyBshallindemnify,defend,andholdharmlesseachother,theiraffiliates,officers,directors,employees,andagentsfromandagainstanyandalllosses,damages,liabilities,costs,andexpenses(includingreasonableattorneys'fees)arisingoutoforinconnectionwith:

AnybreachofthisAgreementbytheindemnifyingparty.

Anyrepresentation,warranty,orcovenantmadebytheindemnifyingpartyinconnectionwiththeOriginalContractorthisAgreementthatprovestobefalseorinaccurate.

Anyliabilityarisingfromtheindemnifyingparty'suseoroperationofthesubjectmatteroftheOriginalContractpriortotheterminationdate.

2.IndemnificationProcess:

Thepartyseekingindemnification(the"IndemnifiedParty")shallpromptlynotifytheindemnifyingparty(the"IndemnifyingParty")inwritingofanyclaim,action,orproceedingforwhichindemnificationissought.

TheIndemnifyingPartyshallhavetherighttoassumethedefenseofsuchclaim,action,orproceedingatitsownexpense.TheIndemnifiedPartyshallcooperatefullywiththeIndemnifyingPartyinthedefense,includingprovidingallrelevantinformationandassistance.

IntheeventthattheIndemnifyingPartyfailstoassumethedefensewithinareasonabletimeframe,theIndemnifiedPartymaydefenditself,buttheIndemnifyingPartyshallstillbeliableforanyresultinglosses,damages,liabilities,costs,andexpenses.

VIII.GoverningLawandJurisdiction

1.GoverningLaw:ThisAgreementshallbegovernedbyandconstruedinaccordancewiththelawsof[nameofjurisdiction].

2.Jurisdiction:AnydisputesarisingoutoforinconnectionwiththisAgreementshallbesubjecttotheexclusivejurisdictionofthecourtslocatedin[nameofjurisdiction].

Ix.EntireAgreement

1.ThisAgreementconstitutestheentireagreementbetweenthepartieswithrespecttothesubjectmatterhereofandsupersedesallprioragreementsandunderstandings,oralorwritten,relatingtothesame.

2.Nomodification,amendment,orwaiverofanyprovisionofthisAgreementshallbeeffectiveunlessinwritingandsignedbybothparties.

x.Severability

IfanyprovisionofthisAgreementisheldtobeinvalid,illegal,orunenforceable,thevalidity,legality,andenforceabilityoftheremainingprovisionsshallinnowayinanywaybeaffectedorimpaired.

xI.Waiver

NowaiverbyeitherpartyofanybreachofthisAgreementshallbedeemedawaiverofanysubsequentbreach.

xII.Counterparts

ThisAgreementmaybeexecutedincounterparts,eachofwhichshallbedeemedanoriginal,butallofwhichtogethershallconstituteoneandthesameinstrument.

INWITNESSWHEREOF,thepartieshaveexecutedthisTransferContractTerminationAgreemen