Document background
The 90 Day Termination Notice is a crucial document in South African business practice, used to formally communicate the intention to end a contractual relationship. This document is particularly relevant when long-term business relationships or significant contracts need to be terminated in a manner that provides adequate transition time for both parties. The notice period of 90 days is often specified in original agreements and aligns with South African commercial practice, particularly for complex business relationships requiring substantial unwinding time. The document must comply with South African contract law and may need to address specific industry regulations depending on the sector. It's commonly used in situations involving ongoing service agreements, distribution contracts, or long-term supply arrangements where an orderly transition is essential for business continuity.
