¶¶Òõ¶ÌÊÓƵ

The Termination Of Supplier Contract is a critical document used when parties need to formally end their existing supplier relationship in Qatar. It's particularly relevant when either party wishes to terminate the arrangement due to various circumstances such as breach of contract, mutual agreement, or strategic business changes. The document must comply with Qatar's legal framework, including the Civil Code (Law No. 22 of 2004) and Commercial Code (Law No. 27 of 2006), while also considering any applicable agency laws if the supplier is a registered commercial agent. The agreement covers essential termination aspects including notice periods, final settlements, property returns, and ongoing obligations, while providing mechanisms for smooth transition and risk mitigation. It's designed to protect both parties' interests and prevent future disputes by clearly documenting the termination terms and mutual releases.

1. Parties: Identification of the contract parties - the company and the supplier, including their full legal names, registration numbers, and addresses

2. Background: Reference to the original supplier contract, its date, and brief overview of the reason for termination

3. Definitions: Key terms used in the termination agreement, including references to defined terms from the original contract

4. Termination Date: Clear specification of when the contract will terminate, including any notice periods required under Qatar law

5. Outstanding Payments: Details of any final payments, including amounts owed by either party and payment deadlines

6. Return of Property: Requirements for return of any company property, documents, or confidential information

7. Intellectual Property Rights: Clarification of IP ownership post-termination and any licensing implications

8. Confidentiality: Ongoing obligations regarding confidential information after termination

9. Mutual Release: Release of claims between parties, subject to the terms of the termination agreement

10. Surviving Provisions: Identification of which provisions from the original contract survive termination

11. Governing Law and Jurisdiction: Confirmation of Qatar law as governing law and Qatar courts' jurisdiction