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合同终结协议英文版
ThisContractTerminationAgreement(the"Agreement")ismadeandenteredintoasof[date]byandbetween:
PartyA:
Name:[Company/IndividualName]
Address:[CompanyAddress]
ContactPerson:[ContactName]
ContactInformation:[Phone/Email]
PartyB:
Name:[Company/IndividualName]
Address:[CompanyAddress]
ContactPerson:[ContactName]
ContactInformation:[Phone/Email]
I.SubjectMatteroftheContract
1.DescriptionoftheSubjectMatter
Thepartiesheretohadpreviouslyenteredintoa[ContractName](the"OriginalContract")dated[originalcontractdate]regarding[adetaileddescriptionofthegoods,services,orothersubjectmattercoveredbytheoriginalcontract,includingquantity,qualityspecifications,deliveryterms,etc.].TheOriginalContractwasexecutedforthepurposeof[statingthemainpurposeoftheoriginalcontract].
2.PerformanceStatus
AsofthedateofthisAgreement,[describethecurrentstatusofperformanceundertheOriginalContract,e.g.,PartyAhasdelivered[quantity]of[goods]asperthecontractrequirements,andPartyBhasmade[partial/full]paymentsamountingto[currencyamount]].However,dueto[reasonsfortermination,suchasmutualagreement,breach,changeincircumstances,etc.],thepartieshavedecidedtoterminatetheOriginalContract.
II.AgreementtoTerminate
1.TerminationDecision
ThepartiesherebymutuallyagreetoterminatetheOriginalContractwithimmediateeffectasofthedateofthisAgreement.
2.ConsequencesofTermination
UponterminationoftheOriginalContract,allrightsandobligationsarisingthereundershallcease,exceptforthoserightsandobligationsthatbytheirnatureareintendedtosurvivetermination,suchasconfidentialityobligations,indemnificationobligations,andanyrightsorobligationsrelatedtodisputesalreadyarisenundertheOriginalContract.
III.RightsandObligationsoftheParties
A.RightsandObligationsofPartyA
1.PaymentSettlement
PartyAshallbeentitledtoreceivefromPartyBthepaymentforthegoodsorservicesalreadyprovidedandaccepteduptothedateofterminationinaccordancewiththetermsoftheOriginalContract.PartyBshallmakesuchpaymentwithin[numberofdays]daysfromthedateofreceiptofaninvoicefromPartyA.
PartyAshallprovidePartyBwithadetailedinvoicewithin[numberofdays]daysaftertheexecutionofthisAgreement,specifyingtheamountdueforthegoodsorservicesalreadyrendered,includingquantity,unitprice,totalamount,andanyapplicabletaxes.
2.ReturnofGoodsorServices(ifapplicable)
IfanygoodshavebeendeliveredbutnotfullyutilizedoraresubjecttoreturnunderthetermsoftheOriginalContractorapplicablelaws,PartyAshall,uponPartyB'srequestandinaccordancewiththelaw,acceptthereturnofsuchgoods.PartyBshallberesponsibleforproperlypackagingandshippingthegoodsbacktoPartyAatPartyB'sexpense.
PartyAshallinspectthereturnedgoodsuponreceipt.Ifthegoodsareinthesameconditionaswhentheyweredelivered(subjecttonormalwearandtear),PartyAshallrefundthecorrespondingpaymenttoPartyBwithin[numberofdays]days.
3.IntellectualPropertyRights
PartyAwarrantsthatithasthelegalrighttouseandtransferanyintellectualpropertyrightsassociatedwiththegoodsorservicesprovidedundertheOriginalContract.PartyAshallindemnifyandholdPartyBharmlessfromanyclaims,damages,losses,orliabilitiesarisingoutofPartyA'sbreachofitsintellectualpropertyrightsobligations.
AnyintellectualpropertyrightscreatedduringtheperformanceoftheOriginalContractthatareownedbyPartyAshallremaintheexclusivepropertyofPartyA.PartyAshallnotgrantanyrightstosuchintellectualpropertytoanythirdpartythatwouldconflictwithPartyB'srightsunderthisAgreement.
B.RightsandObligationsofPartyB
1.PaymentObligations
PartyBshallpayPartyAtheoutstandingamountforthegoodsorservicesalreadyreceivedandacceptedasperthetermsofthisAgreementandtheOriginalContract.PartyBshallensurethatthepaymentismadeinfullandontime.
PartyBshallhavetherighttorequestPartyAtoprovidereasonableevidenceofthegoodsorservicesprovided,suchasdeliveryreceipts,qualityinspectionreports,etc.,tosupporttheamountstatedintheinvoice.
2.ReturnofGoodsorServices(ifapplicable)
IfPartyBwishestoreturnanygoodsreceivedfromPartyA,PartyBshallnotifyPartyAinwritingwithin[numberofdays]daysfromthedateoftermination.PartyBshallberesponsibleforproperlypackagingandshippingthegoodsbacktoPartyAatPartyB'sexpenseinaccordancewithPartyA'sinstructions.
PartyBshallcooperatewithPartyAintheinspectionofthereturnedgoods.IfPartyAdeterminesthatthegoodsarenotinthesameconditionaswhentheyweredelivered(exceptfornormalwearandtear),PartyAmaydeductthecorrespondingamountfromtherefundorclaimadditionalpensationfromPartyB.
3.Confidentiality
PartyBshallcontinuetobeboundbytheconfidentialityobligationssetforthintheOriginalContract.PartyBshallnotdiscloseanyconfidentialinformationofPartyA,includingbutnotlimitedtotradesecrets,technicalknowhow,customerinformation,andbusinessplans,toanythirdpartywithoutthepriorwrittenconsentofPartyA.
PartyBshalltakeallreasonablemeasurestoprotecttheconfidentialityofPartyA'sinformation,includingusingthesamedegreeofcaretoprotectitsownconfidentialinformation.
IV.RepresentationsandWarranties
1.AuthoritytoEnterintotheAgreement
EachpartyrepresentsandwarrantsthatithasthelegalauthorityandcapacitytoenterintothisAgreementandtoperformitsobligationshereunder.EachpartyfurtherrepresentsandwarrantsthattheexecutionanddeliveryofthisAgreementbyit,andtheperformanceofitsobligationshereunder,havebeendulyauthorizedanddonotviolateanyapplicablelaws,regulations,orcontractualobligationstowhichitisaparty.
2.ValidityandEnforceability
ThisAgreementconstitutesthevalidandbindingobligationofeachparty,enforceableagainsteachpartyinaccordancewithitsterms.
V.Indemnification
1.IndemnificationObligationofPartyA
PartyAshallindemnify,defend,andholdPartyBharmlessfromandagainstanyandallclaims,losses,damages,liabilities,costs,andexpenses(includingreasonableattorneys'fees)arisingoutoforinconnectionwith:
PartyA'sbreachofanyrepresentation,warranty,orobligationunderthisAgreementortheOriginalContract;
PartyA'suseortransferofintellectualpropertyrightsinviolationofthetermsofthisAgreement;
AnydisputesorclaimsrelatedtothegoodsorservicesprovidedbyPartyAtoPartyBbeforetheterminationoftheOriginalContract.
2.IndemnificationObligationofPartyB
PartyBshallindemnify,defend,andholdPartyAharmlessfromandagainstanyandallclaims,losses,damages,liabilities,costs,andexpenses(includingreasonableattorneys'fees)arisingoutoforinconnectionwith:
PartyB'sbreachofanyrepresentation,warranty,orobligationunderthisAgreementortheOriginalContract;
PartyB'sunauthorizeduseordisclosureofPartyA'sconfidentialinformation;
AnydisputesorclaimsrelatedtoPartyB'suseorconsumptionofthegoodsorservicesprovidedbyPartyAbeforetheterminationoftheOriginalContract.
VI.GoverningLawandJurisdiction
1.GoverningLaw
ThisAgreementshallbegovernedbyandconstruedinaccordancewiththelawsof[nameofthejurisdiction,e.g.,thePeople'sRepublicofChina].
2.Jurisdiction
AnydisputesarisingoutoforinconnectionwiththisAgreementshallbesubjecttotheexclusivejurisdictionofthecourtslocatedin[nameofthejurisdiction,e.g.,therelevantcourtsintheplacewherePartyAorPartyBislocated].
VII.Miscellaneous
1.EntireAgreement
ThisAgreementconstitutestheentireagreementbetweenthepartieswithrespecttothesubjectmatterhereofandsupersedesallprioragreementsandunderstandings,oralorwritten,relatingtothesame.
2.AmendmentsandWaivers
Noamendment,modification,orwaiverofanyprovisionofthisAgreementshallbeeffectiveunlessinwritingandsignedbybothparties.
3.Severability
IfanyprovisionofthisAgreementisheldtobeinvalid,illegal,orunenforceable,thevalidity,legality,andenforceabilityoftheremainingprovisionsshallinnowayinanywaybeaffectedorimpaired.
4.Assignment
NeitherpartymayassignitsrightsorobligationsunderthisAgreementwithoutthepriorwrittenconsentoftheotherparty.Anyattempted
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