合同取消协议英文

合同取消协议英文ThisContractCancellationAgreement(the"Agreement")ismadeandenteredintoasof[date]byandbetween[PartyA'sname],a[PartyA'slegalentitytype]organizedandexistingunderthelawsof[PartyA'sjurisdiction],withitsprincipalplaceofbusinessat[PartyA'saddress](hereinafterreferredtoas"PartyA"),and[PartyB'sname],a[PartyB'slegalentitytype]organizedandexistingunderthelawsof[PartyB'sjurisdiction],withitsprincipalplaceofbusinessat[PartyB'saddress](hereinafterreferredtoas"PartyB").I.RECITALSWHEREAS,PartyAandPartyBenteredintoa[Contractname]on[contractsigningdate](the"OriginalContract")forthepurposeof[describethepurposeoftheoriginalcontract,e.g.,theprovisionofcertaingoodsorservices];WHEREAS,dueto[reasonsforcancellation,e.g.,unforeseencircumstances,changesinbusinessplans,etc.],thepartieshavemutuallyagreedtocanceltheOriginalContract;NOW,THEREFORE,inconsiderationofthemutualcovenantsandagreementscontainedherein,andforothergoodandvaluableconsideration,thereceiptandsufficiencyofwhichareherebyacknowledged,thepartiesherebyagreeasfollows:II.IDENTIFICATIONOFTHEPARTIESA.PartyA1.LegalName:[PartyA'sname]2.LegalEntityType:[PartyA'slegalentitytype,e.g.,corporation,limitedliabilitypany,partnership]3.JurisdictionofOrganization:[PartyA'sjurisdiction]4.PrincipalPlaceofBusiness:[PartyA'saddress]5.ContactInformation:ContactPerson:[Name]PhoneNumber:[Number]EmailAddress:[Email]B.PartyB1.LegalName:[PartyB'sname]2.LegalEntityType:[PartyB'slegalentitytype,e.g.,corporation,limitedliabilitypany,partnership]3.JurisdictionofOrganization:[PartyB'sjurisdiction]4.PrincipalPlaceofBusiness:[PartyB'saddress]5.ContactInformation:ContactPerson:[Name]PhoneNumber:[Number]EmailAddress:[Email]III.DESCRIPTIONOFTHESUBJECTMATTERORSERVICEThesubjectmatteroftheOriginalContractwas[describeindetailthegoodsorservicesprovidedundertheoriginalcontract,includingquantity,qualitystandards,specifications,etc.].Forexample,ifitwasaservicecontract,itmightstate:PartyAwastoprovideconsultingservicestoPartyBinthefieldof[consultingservicearea].Theservicesweretoberenderedoveraperiodof[serviceduration]mencingon[startdate]andendingon[enddate].PartyAwasrequiredtoprovideexpertadvice,analysis,andrmendationsbasedonitsprofessionalknowledgeandexperiencein[specificindustryorarearelevanttotheconsultingservice].PartyAwastodeliver[number]reportspermonth,eachreporttocontaindetailedfindings,conclusions,andproposedactions.ThereportsweretobepresentedinaformatandstyleapprovedbyPartyBinadvance.Inthecaseofagoodscontract,itcouldbe:PartyAwastosupplyPartyBwith[quantity]unitsof[productname].Theproductsweretomeetthefollowingqualitystandards:[listqualityparameters,e.g.,size,weight,materialposition,performancespecifications].TheproductsweretobedeliveredtoPartyB'sdesignatedwarehouselocatedat[warehouseaddress]within[deliveryperiod]daysafterthereceiptofPartyB'swrittenorder.IV.RIGHTSANDOBLIGATIONSUPONCANCELLATIONA.RightsofPartyA1.UponthecancellationoftheOriginalContract,PartyAshallbereleasedfromallobligationstoprovidethegoodsorservicesasspecifiedtherein.2.PartyAshallhavetherighttoretainanypaymentsalreadyreceivedfromPartyBforthegoodsorservicesthathavenotyetbeenprovided,providedthatsuchretentionisinaccordancewithapplicablelawsandthetermsofthisAgreement.3.PartyAshallbeentitledtorequestPartyBtoreturnanygoodsormaterialsthatPartyAhasalreadyprovidedtoPartyBundertheOriginalContract,totheextentthatsuchgoodsormaterialscanbereturnedinausablecondition.PartyBshallcooperatewithPartyAinthereturnprocessandbearthecostofreturntransportation,unlessotherwiseagreed.B.RightsofPartyB1.PartyBshallbereleasedfromallobligationstopayforthegoodsorservicesthathavenotyetbeenprovidedundertheOriginalContract.2.PartyBshallhavetherighttorequestPartyAtorefundanypaymentsalreadymadebyPartyBforthegoodsorservicesthathavenotbeenprovided,inaccordancewiththetermsofthisAgreementandapplicablelaws.3.PartyBshallbeentitledtoretainanygoodsormaterialsthatPartyAhasalreadyprovidedtoPartyBundertheOriginalContract,withoutanyfurtherobligationtopayforsuchgoodsormaterials,exceptasotherwiseprovidedbylaw.C.ObligationsofPartyA1.PartyAshallpromptlynotifyPartyBinwritingofthecancellationoftheOriginalContractandprovidedetailsofthecancellation,includingtheeffectivedateofcancellation.2.PartyAshallcooperatewithPartyBinanynecessaryadministrativeorlegalproceduresrelatedtothecancellation,suchasprovidingdocumentation,signingaffidavits,etc.3.PartyAshalltakeallreasonablestepstoensurethatanyconfidentialinformationobtainedfromPartyBduringtheperformanceoftheOriginalContractisprotectedandnotdisclosedtoanythirdparty,inaccordancewiththetermsofanyconfidentialityagreementsenteredintobetweentheparties.D.ObligationsofPartyB1.PartyBshallpromptlyacknowledgereceiptofPartyA'snoticeofcancellationandconfirmitsagreementtothecancellationterms.2.PartyBshallcooperatewithPartyAinthereturnofanygoodsormaterialsasrequiredbyPartyA,andshallprovidePartyAwithanynecessaryinformationorassistanceregardingthelocationandconditionofsuchgoodsormaterials.3.PartyBshallalsoensurethatanyconfidentialinformationobtainedfromPartyAduringtheperformanceoftheOriginalContractisprotectedandnotdisclosedtoanythirdparty,inaccordancewiththetermsofanyconfidentialityagreementsenteredintobetweentheparties.V.PAYMENTANDREFUNDA.ExistingPayments1.IfPartyBhasalreadymadepaymentstoPartyAundertheOriginalContract,andthegoodsorservicesforwhichsuchpaymentsweremadehavenotbeenfullyprovidedasofthedateofcancellation:PartyAshall,within[numberofdays]daysaftertheeffectivedateofcancellation,refundtoPartyBtheamountofpaymentscorrespondingtotheunprovidedgoodsorservices,calculatedinaccordancewiththefollowingformula:[describethecalculationformula,e.g.,(Totalpaymentamount/Totalquantityofgoodsorservices)*Quantityofunprovidedgoodsorservices].Forexample,ifthetotalpaymentamountundertheOriginalContractwas$[totalamount],thetotalquantityofserviceswas[quantity],andthequantityofunprovidedservicesasofthecancellationdatewas[quantityofunprovided],therefundamountwouldbe($[totalamount]/[quantity])*[quantityofunprovided].2.IfPartyAhasalreadyprovidedaportionofthegoodsorservicesundertheOriginalContract,andPartyBhasmadepaymentscorrespondingtosuchprovidedgoodsorservices,PartyBshallbedeemedtohaveacceptedandpaidfortheprovidedportion,andthereshallbenorefundobligationwithrespecttosuchprovidedgoodsorservices.However,PartyAshallensurethattheprovidedgoodsorservicesmeetthequalitystandardsandspecificationssetforthintheOriginalContract.B.OutstandingObligations1.If,asofthedateofcancellation,PartyBowesanyoutstandingamountstoPartyAforgoodsorservicesthathavealreadybeenprovidedandacceptedbyPartyBundertheOriginalContract,PartyBshallpaysuchamountstoPartyAwithin[numberofdays]daysafterthereceiptofPartyA'sinvoiceordemandforpayment.2.ThepaymentshallbemadeinthecurrencyspecifiedintheOriginalContract,unlessotherwiseagreedbytheparties.PartyBshallberesponsibleforanybankchargesorexchangeratefluctuationsassociatedwiththepayment.VI.DEFAULTANDREMEDIESA.Default1.IntheeventthateitherpartyfailstoperformitsobligationsunderthisAgreementinaccordancewiththetermsandconditionsherein,suchpartyshallbedeemedtobeindefault.2.Apartyshallbeconsideredindefaultifitfailsto:PayanyamountsdueunderthisAgreementwhendue;Complywithanyofitsobligationsregardingthereturnofgoodsormaterials,cooperationinadministrativeorlegalprocedures,orprotectionofconfidentialinformation;ProvideaccurateandpleteinformationasrequiredbytheotherpartyinconnectionwiththecancellationoftheOriginalContract;orBreachanyothermaterialtermorconditionofthisAgreement.B.Remedies1.Intheeventofadefaultbyeitherparty,thenondefaultingpartyshallhavetherighttopursueallavailablelegalremedies,includingbutnotlimitedto:Damages:Thenondefaultingpartymayclaimdamagesfromthedefaultingpartyforanylossessufferedasaresultofthedefault,includingbutnotlimitedtodirectlosses,indirectlosses,andlostprofits.Theamountofdamagesshallbecalculatedinaccordancewithapplicablelawsandshallbereasonableandforeseeable.SpecificPerformance:Thenondefaultingpartymayseekspecificperformanceofthedefaultingparty'sobligationsunderthisAgreement,ifapplicableandasdeterminedbyacourtofpetentjurisdiction.Termination:Ifthedefaultismaterialandcannotbecuredwithinareasonabletimeperiod,thenondefaultingpartymayhavetherighttoterminatethisAgreementandclaimanyresultingdamages.2.Eachpartyagreestoindemnifyandholdharmlesstheotherpartyfromandagainstanyandallclaims,losses,damages,liabilities,andexpenses(includingreasonableattorneys'fees)arisingoutoforinconnectionwithitsbreachofthisAgreementoritsfailuretoperformitsobligationshereunder.VII.DISPUTERESOLUTIONA.NegotiationThepartiesshallfirstattempttoresolveanydisputesarisingoutoforinconnectionwiththisAgreementthroughfriendlynegotiation.Suchnegotiationshallmencewithin[numberofdays]daysaftereitherpartynotifiestheotherpartyoftheexistenceofadispute.Thepartiesshallappointrepresentativeswiththeauthoritytonegotiateandreachasettlementwithin[numberofdays]daysofthemencementofthenegotiationprocess.B.ArbitrationIfthepartiesareunabletoresolvethedisputethroughnegotiationwithinthespecifiedtimeperiod,thedisputeshallbesubmittedtoarbitrationinaccordancewiththe[NameofArbitrationInstitution]ArbitrationRules.Thearbitrationshallbeheldin[LocationofArbitration].1.Thearbitrationtribunalshallconsistof[number]arbitrators,witheachpartyappointing[number]arbitratorsandthetwoappointedarbitratorsjointlyappointingathirdarbitratorasthepresidingarbitrator.2.Thelanguageofthearbitrationshallbe[Language].3.Thedecisionofthearbitrationtribunalshallbefinalandbindingonbothparties.Thepartiesshallabidebyandperformthearbitrationawardinaccordancewiththetermsthereof.Eachpartyshallbearitsowncostsofarbitration,includingattorneys'fees,unlessthearbitrationawardprovidesotherwise.C.GoverningLawThisAgreementshallbegovernedbyandconstruedinaccordancewiththelawsof[Jurisdic