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Partial Termination Of Contract
"I need a Partial Termination of Contract under Swiss law to end the software maintenance services portion of our IT services agreement while keeping the software license and hosting services active from March 1, 2025."
1. Parties: Identification of all parties to the partial termination agreement, including their full legal names, addresses, and registration details if applicable
2. Background: Reference to the original contract, its date, and brief description of circumstances leading to partial termination
3. Definitions: Key terms used in the agreement, including specific definition of which parts of the original contract are being terminated
4. Scope of Termination: Precise identification of which parts of the original contract are being terminated and which parts remain in force
5. Effective Date: Specification of when the partial termination takes effect
6. Surviving Provisions: Clear statement of which provisions of the original contract continue to remain in force
7. Mutual Release: Release of parties from obligations related to terminated portions while preserving rights related to surviving portions
8. Final Settlements: Details of any final payments, adjustments, or settlements required for the terminated portions
9. Governing Law: Confirmation of Swiss law as governing law and jurisdiction
10. Signatures: Execution block for all parties
1. Transitional Arrangements: Include when there needs to be a transition period or specific arrangements for implementing the partial termination
2. Return of Property: Include when there are physical or intellectual property items that need to be returned related to the terminated portions
3. Confidentiality: Include when there are specific confidentiality obligations that need to be addressed separately for the terminated portions
4. Non-Competition: Include when partial termination affects any non-compete provisions that need to be modified or reinforced
5. Third Party Rights: Include when the partial termination affects rights or obligations of third parties
6. Dispute Resolution: Include when specific dispute resolution mechanisms are needed for issues arising from the partial termination
1. Schedule 1 - Terminated Provisions: Detailed list of specific clauses, sections, or obligations being terminated
2. Schedule 2 - Surviving Provisions: Detailed list of provisions that explicitly continue in force
3. Schedule 3 - Settlement Calculations: If applicable, detailed calculations of any financial settlements or adjustments
4. Appendix A - Original Contract: Copy of the original contract with marked sections showing terminated and surviving portions
5. Appendix B - Transition Plan: If applicable, detailed plan for implementing the partial termination
Authors
Manufacturing
Technology
Financial Services
Professional Services
Construction
Healthcare
Telecommunications
Real Estate
Energy
Retail
Transportation & Logistics
Media & Entertainment
Legal
Procurement
Commercial
Business Development
Finance
Operations
Compliance
Risk Management
Contract Administration
Project Management
Legal Counsel
Contract Manager
Chief Legal Officer
Business Development Manager
Commercial Director
Procurement Manager
Project Manager
Risk Manager
Compliance Officer
Chief Executive Officer
Chief Financial Officer
Operations Director
Account Manager
Partnership Manager
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