Document background
A Deed of Termination and Release is utilized when parties wish to formally and definitively end their contractual relationships while ensuring legal certainty under Swiss law. This document type is particularly relevant when parties need to terminate existing agreements before their natural expiry, require mutual releases from future claims, or want to document final settlements. The deed format provides additional formality and enforceability compared to simple termination agreements. When drafting a Deed of Termination and Release, particular attention must be paid to Swiss legal requirements, including formal execution requirements and specific provisions under the Swiss Code of Obligations. The document typically includes detailed provisions about termination effects, mutual releases, final payments, return of property, and any surviving obligations.
