Document background
The Termination Notice To Vendor is a critical business document used when a company needs to formally end its contractual relationship with a supplier or service provider under Swiss law. This document is essential when exercising termination rights under existing contracts or when terminating ongoing business relationships in accordance with the Swiss Code of Obligations. It should be used when the company has made a definitive decision to end a vendor relationship and needs to communicate this decision in a legally compliant manner. The notice typically includes key information such as contract details, termination date, notice period, and any transition requirements. Under Swiss law, particular attention must be paid to notice periods, good faith principles, and the proper documentation of the termination grounds if applicable.
