Document background
The Automatic Termination Of Contract is essential in Singapore's business environment where clear exit mechanisms are required in contractual relationships. This document is typically used when parties want to establish predetermined circumstances under which their contract will automatically end without requiring negotiation or formal termination notices. It's particularly relevant in scenarios involving recurring obligations, project-based work, or relationships with specific milestones or conditions. The document must comply with Singapore's Contract Law Act and common law principles, and typically includes specific triggering events, consequences of termination, and any surviving obligations.
