¶¶Òõ¶ÌÊÓƵ

All Countries
Employment
Termination Of Business Contract

Termination Of Business Contract Template for Germany

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

4.6 / 5
4.8 / 5

Let's create your Termination Of Business Contract

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:

Termination Of Business Contract

"I need a Termination of Business Contract under German law to end a software development agreement with our supplier by March 1, 2025, including provisions for code handover and ongoing maintenance during a 3-month transition period."

Celebrated by
Collaborations with
Investors
Document background
The Termination Of Business Contract is a crucial legal instrument used when parties need to formally end their business relationship under German law. It becomes necessary when either mutual agreement to terminate exists, or when one party exercises their termination rights under the original contract or statutory provisions. This document addresses various scenarios including service agreements, supply contracts, distribution agreements, and cooperation arrangements. It must comply with German legal requirements, particularly the Civil Code (BGB) and Commercial Code (HGB), while considering industry-specific regulations and EU law where applicable. The agreement typically includes detailed provisions for handling the practical aspects of termination, such as asset returns, final settlements, and ongoing obligations, while ensuring legal certainty for all parties involved.
Suggested Sections

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

2. Background: Reference to the original contract being terminated, its date, and brief context of the business relationship

3. Definitions: Key terms used in the termination agreement, including references to defined terms from the original contract that remain relevant

4. Termination Date: Clear specification of when the termination becomes effective, including any transition periods

5. Basis for Termination: Legal grounds for termination, whether mutual agreement or unilateral termination with cause

6. Outstanding Obligations: Statement of any remaining payments, deliverables, or services to be completed before or after termination

7. Return of Property: Requirements for returning physical and intellectual property, documents, and other assets

8. Confidentiality: Continuation of confidentiality obligations post-termination

9. Final Settlement: Terms of final payment and settlement of accounts

10. Release and Waiver: Mutual release from future claims related to the terminated contract

11. Survival Clauses: Identification of contract provisions that survive termination

12. Governing Law: Confirmation of German law application and jurisdiction

Optional Sections

1. Transition Arrangements: Detailed transition plan when complex handover of operations is required

2. Employee Matters: Required when termination affects employment relationships or transfer of employees

3. Intellectual Property Rights: Detailed provisions for IP ownership and licensing post-termination when significant IP is involved

4. Non-Compete Obligations: Post-termination competition restrictions, if applicable and enforceable

5. Data Protection: Specific provisions for handling personal data post-termination when GDPR compliance is relevant

6. Customer/Supplier Notice: Requirements for notifying third parties when business relationships are affected

7. Dispute Resolution: Special dispute resolution mechanisms if standard court jurisdiction is not desired

8. Force Majeure Impact: Required when termination is related to force majeure events

Suggested Schedules

1. Schedule 1: Outstanding Payments: Detailed list of all outstanding payments and payment schedule

2. Schedule 2: Asset Register: Inventory of assets to be returned or transferred

3. Schedule 3: Transition Timeline: Detailed timeline for implementing the termination and transition activities

4. Schedule 4: Contact Details: List of key contacts for termination implementation

5. Appendix A: Original Contract: Copy of the original contract being terminated

6. Appendix B: Settlement Calculation: Detailed calculation of final settlement amounts

7. Appendix C: Handover Documents: Templates and procedures for business handover

Authors

Alex Denne

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

alex.den.21@genieai.co
Relevant legal definitions









































Clauses






























Relevant Industries

Manufacturing

Technology and Software

Retail and Consumer Goods

Professional Services

Construction

Healthcare

Financial Services

Logistics and Transportation

Energy and Utilities

Telecommunications

Real Estate

Industrial Services

Automotive

Agriculture and Food

Media and Entertainment

Relevant Teams

Legal

Finance

Procurement

Operations

Commercial

Risk and Compliance

Business Development

Contract Administration

Corporate Affairs

Supply Chain

Project Management

Account Management

Relevant Roles

Chief Executive Officer

Chief Legal Officer

Legal Counsel

Contract Manager

Business Development Manager

Chief Financial Officer

Procurement Manager

Operations Director

Commercial Director

Risk Manager

Compliance Officer

Project Manager

Account Manager

Supply Chain Manager

Business Unit Director

Corporate Secretary

General Manager

Managing 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

Termination Of Assured Shorthold Tenancy Agreement

A German law-compliant agreement for terminating an Assured Shorthold Tenancy, specifying termination terms, property handover, and final settlements.

find out more

Termination Deed

A German law-governed agreement that mutually terminates an existing contractual relationship, setting out termination terms and post-termination obligations.

find out more

Cancellation Of Employment Contract

A German law-compliant document that formally terminates an employment relationship, incorporating required notice periods and termination terms under German labor law.

find out more

Letter Of Cancellation Of Contract

A formal document under German law used to terminate an existing contract, complying with BGB requirements and specifying termination terms.

find out more

Renter Termination Of Rental Agreement Letter By Tenant

A formal tenant's notice of rental agreement termination compliant with German law (BGB), serving to officially end a tenancy agreement.

find out more

Trust Termination Agreement

A German law-governed agreement that formally terminates a trust (Treuhand), facilitating asset distribution and trustee release.

find out more

Termination Of Contract Letter To Employer

A formal written notice document used by employees in Germany to terminate their employment relationship, complying with German employment law requirements and notice periods.

find out more

Termination Of Contract Letter To Employee

A formal letter terminating employment under German law, containing legally required termination details and notice period information.

find out more

Not Renewing Lease Letter To Tenant

A German law-compliant formal letter notifying a tenant that their lease agreement will not be renewed upon expiration.

find out more

Lease Termination Letter To Landlord

A formal notice of lease termination from tenant to landlord, compliant with German law (BGB), including termination date and property details.

find out more

Automatic Termination Of Contract

German law-compliant framework for automatic contract termination, specifying triggers, procedures, and consequences under BGB requirements.

find out more

Termination Letter To An Employee

A formal employment termination notice compliant with German law, including mandatory termination details and employment conclusion arrangements.

find out more

Termination Of Employment Contract By Employee

A formal employee-initiated employment termination notice compliant with German labor law requirements.

find out more

Non Disparagement Agreement After Termination

A German law-compliant agreement establishing mutual non-disparagement obligations between employer and departing employee following employment termination.

find out more

Fixed Term Tenancy Termination

A German law-compliant notice document for terminating a fixed-term tenancy agreement, following BGB requirements.

find out more

Relinquishment Agreement

A German law-governed agreement documenting the voluntary surrender of rights, claims, or interests by one party in favor of another.

find out more

Cancellation Of Agreement For Sale

A German law-compliant agreement that formally terminates an existing sale agreement and addresses the reversal of obligations between parties.

find out more

Termination Of Business Contract

A German law-governed agreement that formally terminates an existing business contract, outlining termination terms and post-termination obligations between parties.

find out more

Termination Of Contract By Agreement

A German law-compliant agreement for the mutual termination of an existing contract, including settlements and releases between parties.

find out more

Mutual Agreement To Terminate Employment

A German law-compliant mutual agreement between employer and employee to terminate employment, outlining separation terms and conditions.

find out more

Cancellation Contract

A German law-governed mutual agreement between employer and employee to terminate employment relationship, specifying termination terms and conditions.

find out more

Exit Agreement

A German law-governed mutual agreement between employer and employee establishing terms for consensual employment termination.

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.

Read our Privacy Policy.