The Termination of Contract by Agreement is a essential legal document used in Danish business practice when parties mutually decide to end their contractual relationship before its natural conclusion or to formally document the end of an existing agreement. This document is particularly relevant when both parties wish to ensure a clean and amicable separation while protecting their respective interests. It becomes necessary when businesses need to adapt to changing market conditions, restructure their operations, or simply conclude a business relationship in a mutually beneficial way. The agreement typically includes comprehensive provisions for financial settlements, asset returns, and ongoing obligations, all structured within the framework of Danish contract law. It's crucial for maintaining good business relationships while providing legal certainty and closure for all parties involved.
Create a bespoke document in minutes, or upload and review your own.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Key Requirements PROMPT example:
Termination Of Contract By Agreement
I need a Termination of Contract by Agreement to end a software development agreement with our Danish supplier, with the termination to take effect from March 1, 2025, including provisions for the handover of source code and ongoing maintenance support for 3 months.
1. Parties: Identification of all contracting parties including their full legal names, registration numbers, and addresses
2. Background: Brief description of the original contract, its date, and the parties' mutual decision to terminate
3. Definitions: Definitions of key terms used in the termination agreement
4. Termination Date: Specific date when the original contract will terminate and this agreement takes effect
5. Mutual Release: Provisions releasing both parties from their obligations under the original contract
6. Settlement of Accounts: Details of final payments, reconciliation of accounts, and financial settlements
7. Return of Property: Provisions for returning any property, documents, or materials belonging to either party
8. Confidentiality: Ongoing obligations regarding confidential information post-termination
9. Surviving Provisions: Identification of any provisions from the original contract that will survive termination
10. Governing Law and Jurisdiction: Confirmation that Danish law governs the agreement and jurisdiction for disputes
1. Intellectual Property Rights: Required when the original contract involved IP rights that need to be addressed upon termination
2. Employee Transfers: Needed when the termination affects employment relationships or requires staff transfers
3. Non-Compete Obligations: Include when post-termination competitive restrictions need to be addressed
4. Tax Provisions: Required when the termination has significant tax implications that need to be allocated between parties
5. Insurance and Indemnities: Include when specific risks need to be allocated post-termination
6. Transition Arrangements: Needed when the termination requires a phased handover or transition period
1. Schedule of Outstanding Payments: Detailed list of all financial settlements, including amounts, payment dates, and payment methods
2. Property and Assets Register: Inventory of all physical and digital assets to be returned or transferred
3. Ongoing Obligations Schedule: List of any continuing obligations that survive the termination
4. Settlement Statement: Comprehensive statement of all claims being settled by the termination agreement
5. Transition Plan: If applicable, detailed timeline and responsibilities for transition activities
Authors
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Technology
Professional Services
Retail
Construction
Financial Services
Healthcare
Transportation and Logistics
Real Estate
Energy
Telecommunications
Education
Agriculture
Hospitality
Relevant Teams
Legal
Procurement
Finance
Operations
Compliance
Risk Management
Commercial
Business Development
Contract Administration
Executive Leadership
Project Management
Account Management
Relevant Roles
Legal Counsel
Contract Manager
Business Development Manager
Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
Procurement Manager
Commercial Director
Risk Manager
Compliance Officer
Project Manager
Account Manager
Operations Manager
General Manager
Company Secretary
Find the exact document you need
Termination Letter
A formal notice of employment termination compliant with Danish employment law, outlining termination terms and final arrangements.
find out more
Periodic Lease Notice
A Danish law-compliant notice document for terminating periodic lease agreements, containing required termination details and notice periods.
find out more
Separation Notice
A formal employment termination notice compliant with Danish law, documenting the end of an employment relationship and related terms.
find out more
Vacate Notice
A Danish law-compliant formal notice document communicating the intention to terminate a lease agreement and vacate a property.
find out more
Early Tenancy Termination
Danish law-compliant agreement for early termination of a tenancy, setting out terms for lease ending, property handover, and financial settlement.
find out more
Vacate Letter To Landlord
A formal notice document used in Denmark to inform landlords of a tenant's intention to terminate their lease and vacate the property, complying with Danish rental law requirements.
find out more
Notice To Vacate To Landlord
A formal notice document under Danish law used by tenants to inform landlords of their intention to terminate their lease and vacate the rental property.
find out more
Termination Of License
A Danish law-governed agreement that formally terminates an existing license arrangement, addressing cessation of rights and post-termination obligations.
find out more
Notice Of Cancellation
A formal notice under Danish law to terminate an existing contractual relationship, specifying termination details and compliance with legal requirements.
find out more
Letter To Vacate Apartment
A formal notice document used in Denmark by tenants to inform landlords of their intention to vacate a rental property, complying with Danish rental law requirements.
find out more
Termination Without Cause Letter
A Danish law-compliant letter formally terminating employment without cause, specifying notice period and transition arrangements.
find out more
Separation Letter
A formal termination document under Danish law outlining the terms and conditions of an employee's departure from employment.
find out more
Letter To Tenant To End Tenancy
A formal notice under Danish law used to terminate a tenancy agreement, complying with the Danish Rent Act requirements for termination notices.
find out more
Landlord Notice To Terminate Commercial Lease
A formal notice under Danish law used by landlords to terminate a commercial lease agreement, complying with the Danish Business Lease Act requirements.
find out more
Landlord Ending Tenancy Letter
A formal notice document under Danish law used by landlords to terminate a tenancy agreement, complying with the Danish Rent Act requirements.
find out more
Written Notice To Move Out
A formal notice document under Danish law used by tenants to communicate their intention to terminate a lease and vacate a property.
find out more
Notification Of Termination
A Danish law-compliant formal notice documenting the termination of employment, including essential termination details and conditions.
find out more
Notice To Vacate The Property
A formal legal notice under Danish law requiring tenants to vacate a rental property by a specified date, in compliance with the Danish Rent Act.
find out more
Apartment Lease Termination Letter
A Danish law-compliant formal notice from tenant to landlord terminating a residential lease agreement, including essential termination details and move-out arrangements.
find out more
Moving Out Notice
A formal notice document under Danish law used by tenants to inform landlords of their intention to terminate a rental agreement and vacate the property.
find out more
Letter Of Termination Of Tenancy Agreement
A formal notice under Danish law to terminate a tenancy agreement, containing all legally required information and instructions for property vacation.
find out more
Notice Of Redundancy
A formal document under Danish law notifying an employee that their position is being made redundant, including terms and entitlements.
find out more
End Of Service Letter To Employee
A formal Danish employment document confirming the termination of employment relationship and detailing the service period and positions held, as required under Danish employment law.
find out more
Termination Of Contract By Agreement
A Danish law-compliant agreement for mutual termination of existing contracts, establishing terms for settlement and post-termination obligations.
find out more
Termination Letter For Poor Performance
A Danish law-compliant termination letter used to end employment based on documented poor performance, including notice period and final arrangements.
find out more
One Month Notice To End Tenancy
A Danish law-compliant notice document for terminating a tenancy agreement with one month's notice period.
find out more
Notice Of Lease Termination
A formal document under Danish law used to notify the termination of a residential or commercial lease agreement.
find out more
Severance Notice
A formal employment termination document compliant with Danish law, specifying notice period and settlement terms.
find out more
Landlord Notice To Vacate
A Danish law-compliant notice from landlord to tenant requiring vacation of a rental property, following requirements under the Danish Rent Act.
find out more
Termination Letter To Employer
A formal resignation document compliant with Danish employment law, used by employees to officially notify their employer of their intention to end their employment relationship.
find out more
Tenant Notice To End Tenancy
A formal notice document under Danish law used by tenants to terminate their tenancy agreement, complying with the Danish Rent Act requirements.
find out more
Layoff Letter Due To Lack Of Work
A formal termination letter compliant with Danish employment law, used to end employment due to business-related workforce reductions.
find out more
Contract Expiration Notice
A formal notice under Danish law confirming the expiration of an existing contract and outlining any final arrangements between the contracting parties.
find out more
Notice Of Termination Of Tenancy
A formal legal notice under Danish law used to terminate a rental agreement between landlord and tenant, complying with Danish Rent Act requirements.
find out more
Move Out Notice To Landlord
A formal notice document under Danish law for tenants to inform landlords of their intention to terminate a lease agreement and vacate a property.
find out more
Letter Of Notice To Landlord
A formal notice document under Danish law used by tenants to inform landlords of their intention to terminate a rental agreement.
find out more
Tenant Lease Termination Letter
A formal notice under Danish law used to terminate a residential or commercial lease agreement, complying with requirements of the Danish Rent Act.
find out more
Letter For Not Renewing Contract
A formal notice under Danish law communicating the decision not to renew an existing contract at its expiration date.
find out more
Download our whitepaper on the future of AI in Legal
By providing your email address you are consenting to our Privacy Notice.
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a 拢1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.