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合同解除協(xié)議英文版
?ThisAgreementonContractTermination(the"Agreement")ismadeandenteredintoasof[date]byandbetween:
PartyA:
Name:[Company/IndividualNameA]
RegisteredAddress:[AddressA]
LegalRepresentative:[NameofLegalRepresentativeA]
ContactInformation:[Phone/EmailA]
PartyB:
Name:[Company/IndividualNameB]
RegisteredAddress:[AddressB]
LegalRepresentative:[NameofLegalRepresentativeB]
ContactInformation:[Phone/EmailB]
I.SubjectMatteroftheOriginalContract
Theoriginalcontract(the"OriginalContract")betweenPartyAandPartyBwasexecutedon[originalcontractdate]andpertainedto[describeindetailthenatureofthegoods,services,orothersubjectmatteroftheOriginalContract].Forexample,ifitwasaservicecontract,itcouldstate:"TheOriginalContractwasforPartyBtoprovideprofessionalconsultingservicesinthefieldof[specificconsultingarea]toPartyAforaperiodof[duration]startingfrom[startdate].PartyBwasrequiredtoofferexpertadvice,conductresearch,andpreparedetailedreportsbasedonPartyA'sbusinessneedsandindustrytrends."Ifitwasagoodscontract,itmightsay:"TheOriginalContractwasforPartyAtosupply[quantity]unitsof[productname]toPartyB.Theproductsweretomeetthefollowingspecifications:[listproductspecificationssuchasqualitystandards,dimensions,etc.]andbedeliveredtoPartyB'sdesignatedlocationat[deliveryaddress]by[deliverydate]."
II.ReasonsforContractTermination
BothpartieshavemutuallyagreedtoterminatetheOriginalContractforthefollowingreasons:[specifythereasonsclearly,e.g.,"DuetounforeseenchangesinmarketconditionsthathavemadetheperformanceoftheOriginalContractmerciallyunfeasibleforbothparties,"or"Afterfriendlynegotiation,bothpartieshavedecidedtoterminatetheOriginalContractasitnolongeralignswiththeirstrategicbusinessplans."]
III.RightsandObligationsuponTermination
A.Rights
1.PaymentSettlement
PartyAshallhavetherighttorequestarefundofanyprepaidamountsthathavenotbeenearnedbyPartyBasoftheterminationdate.PartyBshall,within[numberofdays]daysafterreceivingPartyA'swrittenrequest,reviewandverifytheamounts.Iftheamountsareindeedprepaidandnotyetearned,PartyBshallrefundthesametoPartyAinfull.
PartyBshallhavetherighttoinvoicePartyAforanyservicesrenderedorgoodsdeliveredandacceptedbyPartyAuptotheterminationdate.PartyAshallpaysuchinvoiceswithin[numberofdays]daysofreceipt.
2.IntellectualPropertyRights
EachpartyshallretainitsrespectiveintellectualpropertyrightsinanyintellectualpropertycreatedorusedinconnectionwiththeperformanceoftheOriginalContractpriortotheterminationdate.Forexample,ifPartyBdevelopedcertainsoftwareduringthetermoftheOriginalContract,PartyBshallretainthecopyrighttosuchsoftware,andPartyAshallhavenoclaimtoitotherthantherighttouseitasperthetermsoftheOriginalContractuptotheterminationdate.
PartyAshallnotuseanyintellectualpropertyofPartyBaftertheterminationdate,exceptasotherwiseprovidedinthisAgreementorasrequiredbylawforthepurposeoflegitimatepostterminationplianceoraudit.
B.Obligations
1.Confidentiality
BothpartiesshallcontinuetobeboundbytheconfidentialityprovisionsoftheOriginalContractforaperiodof[confidentialityduration]yearsaftertheterminationdate.ThismeansthatPartyAandPartyBshallnotdiscloseanyconfidentialinformationobtainedduringtheperformanceoftheOriginalContract,includingbutnotlimitedtobusinesssecrets,customerlists,technicalknowhow,etc.
PartyAandPartyBshalltakeallreasonablemeasurestoprotecttheconfidentialityofsuchinformation,includingbutnotlimitedtorestrictingaccesstoauthorizedpersonnelonlyandusingappropriatesecuritymeasures.
2.ReturnofMaterials
PartyAshallreturntoPartyBanymaterials,documents,orequipmentprovidedbyPartyBinconnectionwiththeOriginalContractwithin[numberofdays]daysaftertheterminationdate.SuchmaterialsshallbeinthesameconditionasreceivedbyPartyA,reasonablewearandtearexcepted.
PartyBshallreturntoPartyAanymaterials,documents,orequipmentprovidedbyPartyAinconnectionwiththeOriginalContractwithin[numberofdays]daysaftertheterminationdate,alsointhesameconditionasreceivedbyPartyB,reasonablewearandtearexcepted.
3.NonCompeteandNonSolicitation
Foraperiodof[nonpete/nonsolicitationduration]yearsaftertheterminationdate,PartyAshallnotengageinanybusinessactivitiesthatareindirectpetitionwithPartyB'scorebusinessasdefinedintheOriginalContract.PartyAshallalsonotsolicitPartyB'semployees,customers,orbusinesspartners.
Similarly,foraperiodof[nonpete/nonsolicitationduration]yearsaftertheterminationdate,PartyBshallnotengageinanybusinessactivitiesthatareindirectpetitionwithPartyA'scorebusinessasdefinedintheOriginalContract.PartyBshallalsonotsolicitPartyA'semployees,customers,orbusinesspartners.
IV.LiabilityforBreach
1.GeneralProvisions
IfeitherpartybreachesanyoftheprovisionsofthisAgreement,thebreachingpartyshallbeliabletothenonbreachingpartyforalllossesanddamagessufferedasaresultofsuchbreach.Thisincludesbutisnotlimitedtodirectlosses,indirectlosses,andanyreasonablecostsincurredbythenonbreachingpartyinconnectionwiththeenforcementofthisAgreement,suchaslegalfees,arbitrationfees,andcourtcosts.
2.SpecificBreachScenarios
IfPartyAfailstopayPartyBforservicesrenderedorgoodsdeliveredasrequiredbythisAgreement,PartyAshallbeliabletopaytheoutstandingamountplusanylatepaymentfeescalculatedattherateof[latepaymentfeepercentage]perannumfromtheduedateuntilthedateoffullpayment.
IfPartyBfailstoreturnPartyA'smaterialsordocumentswithinthespecifiedtimelimit,PartyBshallbeliabletopensatePartyAforanylossescausedbysuchdelay,includingbutnotlimitedtoanybusinesslossesresultingfromtheunavailabilityofsuchmaterials.
IfeitherpartyviolatestheconfidentialityprovisionsofthisAgreement,thebreachingpartyshallindemnifythenonbreachingpartyforalllossesarisingfromsuchbreach,includingbutnotlimitedtoanylossofbusinessopportunityordamagetoreputationcausedbytheunauthorizeddisclosureofconfidentialinformation.
IfeitherpartyviolatesthenonpeteornonsolicitationprovisionsofthisAgreement,thebreachingpartyshallbeliabletopayapenaltytothenonbreachingpartyintheamountof[penaltyamount],andshallalsoberequiredtoceasetheillegalactivitiesimmediately.Inaddition,thebreachingpartyshallindemnifythenonbreachingpartyforanylossessufferedasaresultofsuchviolation,includingbutnotlimitedtolostprofitsduetothediversionofcustomersorbusiness.
V.DisputeResolution
1.Negotiation
IntheeventofanydisputearisingoutoforinconnectionwiththisAgreement,thepartiesshallfirstattempttoresolvethedisputethroughfriendlynegotiationwithin[numberofdays]daysaftereitherpartynotifiestheotherpartyoftheexistenceofthedispute.
2.Arbitration
Ifthepartiesareunabletoresolvethedisputethroughnegotiation,thedisputeshallbesubmittedtoarbitrationinaccordancewiththearbitrationrulesof[arbitrationinstitution].Thearbitrationshallbeconductedin[arbitrationlocation],andthelanguageofthearbitrationshallbe[language].
Thearbitralawardshallbefinalandbindingonbothparties.Eachpartyshallbearitsowncostsofarbitration,includingbutnotlimitedtoarbitrationfeesandlegalrepresentationfees,unlessthearbitralawardspecificallyprovidesotherwise.
3.GoverningLaw
ThisAgreementshallbegovernedbyandconstruedinaccordancewiththelawsof[governingjurisdiction].
VI.Miscellaneous
1.EntireAgreement
ThisAgreementconstitutestheentireagreementbetweenthepartieswithrespecttothesubjectmatterhereofandsupersedesallprioragreementsandunderstandings,oralorwritten,relatingt
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