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The Mutual Agreement Termination Letter is a crucial document used when parties to an existing contract mutually decide to end their contractual relationship amicably under Indonesian law. It provides a formal framework for documenting the parties' agreement to terminate, ensuring compliance with Indonesian Civil Code requirements and other relevant regulations. This document type is particularly important in the Indonesian business context, where formal documentation of contractual changes is essential for legal certainty. The letter typically includes key information such as the termination date, settlement of outstanding obligations, mutual releases, and any post-termination arrangements. It serves to prevent future disputes by clearly documenting the parties' agreement to terminate and their respective rights and obligations following termination.

1. Letter Header: Date, reference number, and formal letterhead including both parties' complete legal names and addresses

2. Subject Line: Clear indication that this is a Mutual Agreement Termination Letter with reference to the original agreement

3. Opening Statement: Formal greeting and reference to the existing agreement being terminated, including its date and title

4. Termination Statement: Clear statement of mutual agreement to terminate, specifying the effective termination date

5. Outstanding Obligations: Statement addressing any pending payments, duties, or obligations that need to be fulfilled by either party

6. Mutual Release: Statement releasing both parties from future obligations while preserving any surviving obligations

7. Confidentiality: Confirmation that any confidentiality obligations from the original agreement remain in effect

8. Governing Law: Confirmation that Indonesian law governs the termination

9. Signature Block: Space for authorized representatives of both parties to sign, including names, titles, and company stamps