Document background
The Supplier Termination Letter is a crucial business document used when a company needs to formally end a supplier relationship in Austria. It must comply with Austrian commercial law, particularly the ABGB and UGB, and should be used when a company decides to terminate a supplier relationship either for cause, convenience, or at the natural end of a contract term. The document typically includes specific reference to the underlying supply agreement, clear termination date, any applicable notice periods, and transition arrangements. This letter serves as official documentation of the termination and helps protect the company's legal interests while maintaining professional business relationships. It's particularly important in Austrian business context where formal written communication is highly valued and legally significant.
