The Termination of Agency Contract is a crucial document used in Hong Kong's business environment when parties wish to formally end their agency relationship. It becomes necessary when either the principal or agent decides to terminate their arrangement, whether by mutual agreement or as per the terms of the original agency agreement. This document ensures compliance with Hong Kong's legal framework, including the Contract Ordinance and common law principles governing agency relationships. It typically includes comprehensive provisions for wrapping up the agency relationship, handling outstanding matters, settling accounts, and establishing post-termination obligations. The document is particularly important in Hong Kong's dynamic commercial landscape, where agency relationships are common across various industries and require careful management of termination to protect both parties' interests and maintain business continuity.
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the Principal and Agent, including full legal names and registered addresses
2. Background: Reference to the original agency agreement, its date, and key terms, and brief context for the termination
3. Definitions: Definitions of key terms used in the termination agreement, including reference to definitions from the original agreement
4. Termination Date: Clear specification of when the agency relationship will terminate
5. Mutual Agreement: Statement of mutual agreement to terminate the agency relationship
6. Final Accounts: Provisions for settlement of outstanding commissions, expenses, and other financial matters
7. Return of Property: Requirements for return of any materials, documents, or property belonging to either party
8. Confidentiality: Ongoing obligations regarding confidential information
9. Non-Compete and Non-Solicitation: Confirmation of any post-termination restrictions from the original agreement
10. Release and Waiver: Mutual release from claims and obligations, subject to specified exceptions
11. Surviving Provisions: Identification of which provisions from the original agreement survive termination
12. Governing Law: Confirmation that Hong Kong law governs the termination agreement
13. Execution: Signature blocks and execution provisions
1. Transition Arrangements: Procedures for transitioning ongoing business or clients to the principal or new agent
2. Intellectual Property Rights: Specific provisions regarding ownership and use of IP post-termination
3. Insurance: Provisions regarding continuation or termination of insurance coverage
4. Dispute Resolution: Specific procedures for resolving any disputes arising from the termination
5. Third Party Rights: Provisions regarding the rights of third parties under the Contracts (Rights of Third Parties) Ordinance
6. Tax Provisions: Specific provisions regarding tax obligations and responsibilities
7. Force Majeure: If termination is related to force majeure events, specific provisions addressing this
1. Schedule 1 - Original Agency Agreement: Copy or key terms of the original agency agreement being terminated
2. Schedule 2 - Outstanding Matters: List of pending transactions, commissions, or matters to be resolved
3. Schedule 3 - Property Schedule: Detailed list of property, materials, or documents to be returned
4. Schedule 4 - Final Payment Calculation: Detailed calculation of final payments, commissions, or adjustments
5. Appendix A - Handover Checklist: Checklist of tasks to be completed as part of the termination process
6. Appendix B - Compliance Certificate: Form of certificate confirming compliance with termination obligations
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Insurance
Financial Services
Import/Export
Retail
Manufacturing
Professional Services
Technology
Healthcare
Shipping and Logistics
Construction
Telecommunications
Consumer Goods
Entertainment
Hospitality
Relevant Teams
Legal
Compliance
Commercial
Sales
Business Development
Operations
Risk Management
Corporate Secretarial
Procurement
Contract Management
Executive Management
Relevant Roles
Chief Executive Officer
Managing Director
Commercial Director
Legal Counsel
Compliance Officer
Business Development Manager
Sales Director
Operations Manager
Contract Manager
Risk Manager
Company Secretary
Regional Manager
Agency Manager
Partner
General Manager
Chief Legal Officer
Head of Commercial
Procurement Manager
Find the exact document you need
Vehicle Lease Agreement Between Two Parties
A Hong Kong law-governed agreement establishing terms and conditions for vehicle leasing between two parties, including payment, maintenance, and insurance requirements.
find out more
Termination Paperwork For Employee
A Hong Kong law-compliant employee termination document that formalizes employment separation and outlines all associated rights, obligations, and payments.
find out more
Termination Of Leases
A Hong Kong law-governed agreement for the mutual termination of a lease, outlining termination terms, property handover, and financial settlements.
find out more
Termination Of Independent Contractor Agreement Letter
A Hong Kong law-governed letter that formally terminates an independent contractor agreement, specifying termination terms and post-termination obligations.
find out more
Termination Of Dealership Agreement
A Hong Kong law-governed agreement that formally terminates a dealership arrangement between a supplier and dealer, setting out terms for ending the business relationship.
find out more
Joint Venture Term Sheet
A preliminary document under Hong Kong law outlining key terms and conditions for a proposed joint venture, serving as the basis for detailed documentation.
find out more
Ending Tenancy Agreement Early
A Hong Kong law-governed agreement that enables landlords and tenants to formally terminate a tenancy before its scheduled end date.
find out more
Ending Lease Agreement
A Hong Kong-law governed agreement that formally documents the termination of a lease arrangement between landlord and tenant, including settlement and handover terms.
find out more
Contract Bond For Employee
A Hong Kong-governed agreement creating a financial security between employer and employee to ensure continued service or protect training investment.
find out more
Hire Purchase Agreement Motor Vehicle
A Hong Kong law-governed agreement for financing vehicle purchases through installment payments, transferring ownership upon completion of all payments.
find out more
Breaking Lease Agreement
A Hong Kong-compliant legal agreement for the mutual early termination of a lease, outlining termination terms and settlement conditions.
find out more
Mutual Termination Of Lease Agreement
A Hong Kong law-governed agreement documenting the mutual consent between landlord and tenant to terminate an existing lease early, including termination terms and mutual releases.
find out more
Periodic Tenancy Notice To Quit
A formal legal notice used in Hong Kong to terminate a periodic tenancy, complying with local legislative requirements and notice periods.
find out more
Ending Lease Agreement Letter
A formal notice under Hong Kong law to terminate a lease agreement between landlord and tenant, outlining termination details and handover arrangements.
find out more
Mutual Termination Agreement Employment
A Hong Kong law-governed agreement for the consensual termination of employment between employer and employee, setting out termination terms and mutual releases.
find out more
Cancel Tenancy Agreement Letter
A formal letter for terminating a tenancy agreement in Hong Kong, complying with local property laws and providing official notice of termination.
find out more
Termination Of Rental Agreement Letter By Tenant
A Hong Kong-compliant formal notice from tenant to landlord declaring intention to terminate a rental agreement, including termination date and property details.
find out more
Termination Of Contract Of Lease Letter
A formal notice under Hong Kong law to terminate a lease agreement between landlord and tenant, including key termination details and handover arrangements.
find out more
Property Management Lease Agreement
A Hong Kong-governed agreement between property owners and management companies establishing terms for property management services.
find out more
Periodic Lease Agreement
A Hong Kong law-governed agreement establishing a recurring tenancy arrangement between landlord and tenant, typically on a month-to-month basis.
find out more
Partnership Term Sheet
A preliminary document outlining key terms for establishing a partnership under Hong Kong law, serving as a basis for a full partnership agreement.
find out more
Independent Contractor Termination
A Hong Kong law-governed agreement for formally terminating an independent contractor relationship, including termination terms, final payments, and post-termination obligations.
find out more
Termination Of Month To Month Lease
A Hong Kong law-compliant document providing formal notice to terminate a month-to-month lease agreement, including termination date and handover requirements.
find out more
Termination Of Health Insurance Letter From Employer
A formal notification letter from employer to employee regarding the termination of company health insurance coverage, compliant with Hong Kong regulations.
find out more
Religious Worker Visa Application Form
A Hong Kong visa application form for religious workers seeking employment in local religious institutions, compliant with Hong Kong immigration laws.
find out more
Loan Swap Agreement
A Hong Kong law-governed agreement establishing terms for exchanging loan-related payment obligations between parties, including interest rates and principal amounts.
find out more
Lease Buyout Agreement
A Hong Kong law-governed agreement facilitating the early termination of a lease between landlord and tenant, including buyout terms and mutual releases.
find out more
Employee Evaluation Report
A Hong Kong-compliant employee performance evaluation document that records performance assessments, achievements, and development plans while meeting local legal requirements.
find out more
Termination Of Contract Form
A Hong Kong law-compliant document that formally terminates an existing contract between parties, specifying termination terms and conditions.
find out more
Termination Of Broker Agreement
A Hong Kong law-governed agreement that terminates an existing broker relationship, settling all obligations and ensuring regulatory compliance.
find out more
Termination Of Agency Contract
A Hong Kong law-governed document that formally terminates an agency relationship, outlining termination terms and post-termination obligations.
find out more
Termination Of Employment Without Notice
A Hong Kong law-governed document for immediate employment termination without notice, typically used for serious misconduct cases under the Employment Ordinance.
find out more
Termination Of Construction Contract By Owner And Contractor
A Hong Kong law-governed agreement between property owner and contractor for mutual termination of a construction contract, including settlement terms and handover procedures.
find out more
Early Release From Probation Letter
A Hong Kong-compliant letter confirming an employee's early release from probation and transition to permanent employment status.
find out more
Cancellation Of Agreement To Sell
A Hong Kong law-governed document that formally terminates an existing sale agreement between parties, outlining terms for cancellation and mutual releases.
find out more
Termination Of Property Management Agreement
A Hong Kong-governed agreement for terminating property management services, including handover procedures and settlement terms under local property management regulations.
find out more
Termination Of Acting Appointment Letter
A Hong Kong law-governed letter that formally terminates an individual's acting appointment within an organization, including termination details and handover requirements.
find out more
Tenant Demand Letter
A formal demand letter under Hong Kong law from landlord to tenant regarding lease breaches or overdue payments, serving as a prerequisite to legal action.
find out more
Exercise Liability Waiver
A Hong Kong law-governed liability waiver protecting fitness facilities and trainers from claims related to exercise activities.
find out more
Termination Verification Letter
A formal letter under Hong Kong law confirming employment termination, including termination date, final payments, and post-employment arrangements.
find out more
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
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)