The Distribution Agreement Termination Letter is a crucial document used when a company wishes to formally end its distribution relationship with another party. This document, governed by English and Welsh law, serves to provide clear written notice of termination, specify the effective date, outline any remaining obligations, and detail post-termination requirements. It should reference the original agreement, cite relevant termination clauses, and ensure compliance with notice periods. The letter may also address the handling of remaining inventory, outstanding payments, and the return of any proprietary materials.
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1. Recipient Details: Full legal name and address of the distributor
2. Reference Information: Original agreement details including date and parties
3. Termination Statement: Clear statement of intent to terminate and effective date
4. Legal Basis: Reference to relevant termination clause or legal grounds
5. Notice Period: Confirmation of notice period being given
1. Outstanding Obligations: List of any remaining obligations to be fulfilled, use when there are pending matters
2. Post-Termination Duties: Specific instructions about post-termination conduct, use when needed for IP or confidentiality
3. Financial Settlement: Details of final payments or settlements, use when financial matters need resolution
1. Statement of Outstanding Orders: List of pending orders and their handling
2. Asset Return Schedule: List of company property to be returned
3. Final Account Statement: Summary of financial position and settlements
Relevant legal definitions
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