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Termination Of Consulting Agreement
1. Parties: Identification of the company and consultant, including full legal names and registration details
2. Background: Brief context of the original consulting agreement and the reason for termination
3. Definitions: Key terms used in the termination agreement
4. Effective Date of Termination: Clear statement of when the consulting agreement will terminate
5. Final Fees and Expenses: Details of final payment calculations and outstanding expense reimbursements
6. Handover of Work: Requirements for transferring ongoing work, documents, and materials
7. Return of Property: Process for returning company property, equipment, and confidential information
8. Confidentiality Obligations: Confirmation that confidentiality obligations survive termination
9. Release and Waiver: Mutual release of claims related to the consulting agreement
10. Surviving Provisions: Identification of original agreement provisions that remain in effect
11. Governing Law: Confirmation of Danish law application and jurisdiction
12. Signatures: Execution blocks for all parties
1. Transition Period: Details of any transition period where consultant provides limited services - include when there are ongoing projects requiring handover
2. Intellectual Property Rights: Specific provisions for IP transfer or assignment - include when IP was created during the engagement
3. Non-Compete and Non-Solicitation: Post-termination restrictions - include if these were part of original agreement or new restrictions are needed
4. Final Project Completion: Terms for completing specific projects - include when projects need to be finished before termination
5. Outstanding Payments Schedule: Detailed payment plan - include when payments will be made in installments
6. Mutual References: Agreement on how parties will refer to each other - include when parties want to control public statements
7. Tax Implications: Special tax considerations - include when there are complex tax arrangements to address
1. Schedule 1 - Payment Calculation: Detailed breakdown of final payments, including fees, expenses, and any adjustments
2. Schedule 2 - Property Inventory: List of company property to be returned by the consultant
3. Schedule 3 - Project Status Report: Status of all ongoing projects and handover requirements
4. Schedule 4 - Confidential Information: List of specific confidential information and materials to be returned or destroyed
5. Appendix A - Original Consulting Agreement: Copy of the original consulting agreement being terminated
6. Appendix B - Handover Checklist: Detailed checklist for completing the termination process
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