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1. Parties: Identification and details of all contracting parties
2. Background: Reference to the original contract, its date, and key terms, and brief explanation of circumstances leading to early termination
3. Definitions: Key terms used throughout the termination agreement
4. Termination Date: Clear specification of when the original contract will terminate
5. Outstanding Obligations: List of any remaining obligations, payments, or deliverables due from either party up to the termination date
6. Settlement Terms: Details of any settlement payments, adjustments, or compensation related to the early termination
7. Return of Property: Requirements for returning any property, documents, or materials belonging to either party
8. Confidentiality: Confirmation that confidentiality obligations from the original agreement continue post-termination
9. Mutual Release: Release of claims and liabilities between parties related to the original contract
10. Surviving Provisions: Identification of which provisions from the original contract survive termination
11. Governing Law: Confirmation of Swiss law as governing law and jurisdiction
1. Non-Compete/Non-Solicitation: Required when the original agreement contains post-termination restrictions that need to be addressed
2. Intellectual Property Rights: Needed when IP rights need to be clarified post-termination
3. Employee Matters: Required for business contracts where staff transfers or employment issues need to be addressed
4. Transition Assistance: Include when one party needs to provide transition support after termination
5. Public Announcements: Include for high-profile contracts where public communication needs to be coordinated
6. Tax Considerations: Required when termination has significant tax implications that need to be addressed
7. Insurance: Include when insurance matters need to be addressed post-termination
1. Schedule of Outstanding Payments: Detailed list of all pending payments and financial settlements
2. Property Return Schedule: Itemized list of all property, documents, and materials to be returned
3. Transition Plan: Detailed timeline and responsibilities for transition activities
4. Original Contract: Copy of the original contract being terminated
5. Release Documentation: Formal release forms and associated documentation
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