¶¶Òõ¶ÌÊÓÆµ

Contract Dissolution Agreement Template for United Arab Emirates

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Contract Dissolution Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Contract Dissolution Agreement

"I need a Contract Dissolution Agreement to terminate a distribution agreement with our UAE-based supplier effective March 1, 2025, including provisions for final inventory settlement and mutual release of future obligations."

Document background
The Contract Dissolution Agreement serves as a crucial legal instrument in the UAE business environment, providing a formal mechanism for parties to mutually terminate their contractual obligations. This document becomes necessary when parties wish to end their business relationship before the natural expiration of their contract, or when they need to formalize the termination of an ongoing agreement. Governed by UAE Federal Law No. 5 of 1985 (Civil Code) and related commercial legislation, it encompasses essential elements such as financial settlements, asset distribution, and mutual releases. The agreement is particularly vital in the UAE's dynamic business landscape, where clear documentation of contract termination is crucial for legal certainty and future business relationships. It should be carefully drafted to ensure compliance with UAE law and to address specific requirements of different business sectors and free zones.
Suggested Sections

1. Parties: Identification of all contracting parties, including their full legal names, addresses, and registration details

2. Background: Brief description of the original contract, its date, purpose, and the parties' mutual desire to dissolve it

3. Definitions: Definitions of key terms used throughout the agreement

4. Effective Date of Dissolution: Clear statement of when the dissolution takes effect

5. Settlement of Accounts: Details of final financial settlements between the parties

6. Mutual Release: Provisions for mutual release from obligations under the original contract

7. Return of Property: Procedures for returning any physical or intellectual property

8. Confidentiality: Ongoing obligations regarding confidential information

9. Governing Law and Jurisdiction: Confirmation of UAE law as governing law and jurisdiction for disputes

10. Execution: Signature blocks and execution requirements

Optional Sections

1. Employee Matters: Required when dissolution affects employment relationships, addressing transfer or termination of employees

2. Intellectual Property Rights: Used when IP rights need to be redistributed or licensed post-dissolution

3. Non-Compete Provisions: Include when parties wish to maintain non-compete restrictions post-dissolution

4. Tax Implications: Required when dissolution has significant tax consequences that need to be addressed

5. Third Party Rights: Include when dissolution affects rights of third parties or requires third party consents

6. Insurance and Indemnification: Used when ongoing insurance or indemnification obligations need to be addressed

7. Dispute Resolution: Optional detailed dispute resolution procedures beyond standard jurisdiction clause

Suggested Schedules

1. Schedule 1 - Original Contract: Copy of the original contract being dissolved

2. Schedule 2 - Settlement Statement: Detailed breakdown of all financial settlements and payments

3. Schedule 3 - Asset Register: List of assets to be distributed or returned

4. Schedule 4 - Outstanding Obligations: List of any continuing obligations post-dissolution

5. Schedule 5 - Release Documentation: Forms of release or discharge documents to be executed

6. Appendix A - Payment Schedule: Timeline and terms for any installment payments

7. Appendix B - Handover Protocol: Detailed procedures for physical handover of assets or documents

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions





























Clauses































Relevant Industries

Real Estate

Construction

Manufacturing

Retail

Professional Services

Technology

Healthcare

Financial Services

Education

Hospitality

Transportation

Energy

Trading

Media and Entertainment

Relevant Teams

Legal

Finance

Operations

Commercial

Compliance

Risk Management

Business Development

Corporate Secretariat

Executive Leadership

Project Management

Relevant Roles

Legal Director

Chief Legal Officer

Contract Manager

Business Development Manager

Chief Executive Officer

Chief Financial Officer

Commercial Director

Operations Manager

Project Manager

Company Secretary

Compliance Officer

Risk Manager

General Counsel

Managing Partner

Finance Director

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Dissolution Of Rental Agreement

A UAE-compliant agreement that formally terminates a rental contract between landlord and tenant, establishing terms for lease end and property handover.

find out more

Dissolution Contract

UAE-governed legal agreement outlining the terms and process for dissolving a company, ensuring compliance with UAE Commercial Companies Law.

find out more

Contract Dissolution Agreement

A UAE-law governed agreement that formally terminates an existing contract between parties, setting out settlement terms and mutual releases.

find out more

Dissolution Of Lease Agreement

A UAE-compliant legal document that formally terminates an existing lease agreement between landlord and tenant, establishing terms for property handover and mutual release of obligations.

find out more

Partnership Dissolution Agreement

UAE-governed agreement that formally dissolves a partnership and outlines the terms for winding up business operations and partner relationships.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.