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Termination For Convenience Letter
1. Letterhead and Date: Company letterhead with full business details and current date
2. Recipient Details: Full name and address of the counterparty
3. Reference Line: Reference to the original contract/agreement being terminated
4. Formal Notice of Termination: Clear statement of termination under convenience clause with reference to specific contract provision
5. Effective Date: Specific date when termination becomes effective, considering notice period requirements under Danish law
6. Legal Basis: Reference to termination for convenience clause in original agreement and relevant Danish law provisions
7. Acknowledgment of Services: Professional acknowledgment of business relationship and services provided
8. Next Steps: Clear outline of immediate actions required from both parties
9. Signature Block: Authorized signatory details and signature space
1. Outstanding Payments: Include when there are any pending payments or financial settlements to be addressed
2. Transition Arrangements: Include when handover of work or services is required
3. Return of Property: Include when there are physical or digital assets to be returned
4. Confidentiality Reminder: Include when emphasizing ongoing confidentiality obligations is necessary
5. Future Cooperation: Include when maintaining possibility of future business relationship is desired
6. Employee Transfer: Include when TUPE or employee matters need to be addressed
1. Financial Settlement Statement: Detailed breakdown of any final payments, including pro-rata calculations and holiday pay if applicable
2. Asset Register: List of any company property or assets to be returned
3. Handover Schedule: Timeline and details of transition activities if required
4. Outstanding Deliverables List: List of any work or services that need to be completed before termination takes effect
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