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Amendment To Terminate Agreement
"I need an Amendment to Terminate Agreement for a software development agreement with TechCorp Limited, ending the relationship due to mutual agreement, with a termination date of March 1, 2025, and including provisions for the return of source code and confidential information."
1. Parties: Identification of all parties to the original agreement and this termination amendment
2. Background: Reference to original agreement and circumstances leading to termination
3. Definitions: Key terms used in the amendment, including reference to definitions in original agreement
4. Termination: Clear statement of termination and effective date
5. Outstanding Obligations: Treatment of any remaining obligations, payments, or deliverables
6. Mutual Release: Release of parties from future obligations under the original agreement
7. Execution: Signature blocks and execution formalities
1. Survival Provisions: Specifies which provisions of the original agreement survive termination
2. Return of Property: Process for returning any materials, equipment, or confidential information
3. Transition Arrangements: Steps to wind down the relationship
4. Non-Disparagement: Mutual agreement not to speak negatively about the other party
1. Schedule of Outstanding Payments: Details of any final payments or financial settlements
2. Schedule of Materials for Return: List of items to be returned between parties
3. Schedule of Surviving Provisions: Detailed list of provisions that survive termination
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