The Contract Termination Agreement is essential in Malaysian business practice when parties wish to formally end their contractual relationships before the natural expiry date or under specific circumstances. It serves as a crucial tool for businesses operating under Malaysian jurisdiction, providing a clear framework for contract cessation while protecting all parties' interests. This document becomes particularly relevant in situations involving early termination by mutual consent, project completion, business restructuring, or when parties need to document the formal end of their business relationship. The agreement must comply with Malaysian contract law principles, including the Contracts Act 1950, and typically includes provisions for mutual releases, financial settlements, confidentiality obligations, and the return of assets or intellectual property.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
1. Parties: Identification of all parties to the termination agreement, including their full legal names, registration numbers, and registered addresses
2. Background: Recitals explaining the original contract details, reason for termination, and context of the termination agreement
3. Definitions: Definitions of key terms used in the agreement, including reference to defined terms from the original contract where relevant
4. Termination Date and Effect: Specific date when the original contract will terminate and the immediate effects of termination
5. Mutual Release: Mutual release of obligations and liabilities between the parties post-termination
6. Settlement of Outstanding Amounts: Details of any final payments, refunds, or financial settlements between the parties
7. Return of Property: Requirements for returning any physical or intellectual property, documents, or materials
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: Confirmation that Malaysian law governs the termination agreement
11. Execution: Signature blocks and execution requirements
1. Non-Compete and Non-Solicitation: Include when the original contract contained these provisions and they need to be addressed in the termination context
2. Transition Arrangements: Include when there needs to be a handover period or transition of services/products
3. Intellectual Property Rights: Include when IP rights need to be specifically addressed post-termination
4. Dispute Resolution: Include when specific dispute resolution mechanisms need to be established for post-termination issues
5. Public Announcements: Include for high-profile contracts where public communications about the termination need to be coordinated
6. Tax Provisions: Include when there are specific tax implications that need to be addressed
7. Insurance and Indemnity: Include when ongoing insurance obligations or specific indemnities need to be addressed
1. Schedule 1 - Original Contract: Copy or details of the original contract being terminated
2. Schedule 2 - Outstanding Payments: Detailed list of any outstanding payments, calculations, and payment terms
3. Schedule 3 - Return of Property Schedule: Itemized list of all physical and intellectual property to be returned by each party
4. Schedule 4 - Transition Plan: Detailed timeline and responsibilities for any transition arrangements
5. Schedule 5 - Release Documents: Forms of any specific releases or discharge documents to be executed
Find the exact document you need
Subscription Termination Letter
A formal notice under Malaysian law to terminate a subscription service, including account details and effective termination date.
Download
Termination Of Consultancy Services Letter
A Malaysian law-governed letter that formally terminates consultancy services, outlining termination terms, final obligations, and post-termination requirements.
Download
Cancellation Letter For Car Loan Application
A formal letter under Malaysian law for cancelling a car loan application with a financial institution, including essential reference details and cancellation reasons.
Download
Work Cancellation Letter
A formal document used in Malaysia to terminate employment or work arrangements, ensuring compliance with local employment laws and regulations.
Download
Cancel Retainer Agreement Letter
A formal letter under Malaysian law to terminate an existing professional retainer agreement, outlining termination terms and final arrangements.
Download
Letter Of Termination Of Employment
A formal notice of employment termination under Malaysian law, outlining termination terms and final arrangements between employer and employee.
Download
Vendor Termination Letter For Poor Performance
A formal notice under Malaysian law to terminate a vendor contract due to poor performance, detailing grounds for termination and next steps.
Download
Tenancy Cancellation Letter
A formal notice under Malaysian law used to terminate a tenancy agreement, outlining the termination details and handover arrangements.
Download
Service Cancellation Letter To Customer
A formal notification document used in Malaysia to terminate service agreements with customers, ensuring compliance with Malaysian consumer protection and contract laws.
Download
Venue Cancellation Letter
A formal letter used in Malaysia to cancel a venue booking or rental agreement, ensuring compliance with local contract law while documenting the cancellation terms and conditions.
Download
Vehicle Service Contract Cancellation Letter
A formal notice for terminating a vehicle service contract under Malaysian law, including contract details and cancellation terms.
Download
Vacation Cancellation Letter
A formal letter used in Malaysian business context to officially cancel previously approved employee vacation leave, complying with local employment laws.
Download
Termination Of Subcontractor Agreement Letter
A formal letter under Malaysian law to terminate a subcontractor agreement, outlining termination terms and next steps.
Download
Termination Of Management Agreement Letter
A formal notice under Malaysian law to terminate an existing management agreement, specifying termination terms and transition arrangements.
Download
Rental Termination Letter To Tenant
A formal notice under Malaysian law to terminate a rental agreement, outlining termination details and requirements for property vacation.
Download
Cancel Letter Of Intent
A formal document under Malaysian law used to terminate a previously issued Letter of Intent, including cancellation terms and addressing pending obligations.
Download
Application Cancellation Letter
A formal letter used in Malaysia to cancel a previously submitted application or service request, adhering to Malaysian legal requirements and business practices.
Download
60 Day Lease Termination Letter To Tenant
A Malaysian legal document providing 60-day notice to terminate a tenant's lease agreement, ensuring compliance with local property laws.
Download
Written Termination Notice
A formal notice document for employment termination in Malaysia, complying with local employment laws and specifying separation terms.
Download
Termination Of Credit Card Letter
A formal letter used in Malaysia to request the termination of a credit card account, complying with Malaysian banking regulations and consumer protection laws.
Download
30 Day Notice To Terminate Rental Agreement
A Malaysian law-compliant notice document for terminating a rental agreement with 30 days' advance notice, including essential termination details and handover arrangements.
Download
Termination Of Service Letter Due To Non Payment
A Malaysian law-compliant formal letter terminating services due to non-payment, including payment default details and termination terms.
Download
Cancel Order Letter
A formal document used under Malaysian law to cancel a purchase order or service request, including order details and cancellation terms.
Download
30 Days Lease Termination Letter
A formal notice document under Malaysian law for terminating a lease agreement with 30 days' notice, including essential termination details and party information.
Download
30 Day Notice To Cancel Contract
A Malaysian law-compliant formal notice document for initiating a 30-day contract termination process.
Download
Termination Of Club Membership Letter
A formal document under Malaysian law used to officially terminate club membership, outlining termination terms and obligations.
Download
Cancel A Membership Letter
A formal membership cancellation letter template compliant with Malaysian law, used to terminate membership services or subscriptions.
Download
Rescind Contract Letter
A formal legal document under Malaysian law used to terminate and void a contract, returning all parties to their pre-contractual positions.
Download
Storage Unit Termination Letter
A formal notice under Malaysian law to terminate a storage unit rental agreement, including termination details and next steps.
Download
Business Partner Termination Letter
A Malaysian law-compliant formal notice terminating a business partnership, outlining termination terms and post-partnership obligations.
Download
Termination Cancellation Letter
A Malaysian legal document that formally cancels a previous termination notice and reinstates the original agreement between parties, complying with Malaysian contract law.
Download
Business Cancellation Letter
A formal letter for terminating business relationships under Malaysian law, providing clear notice and terms for contract cessation.
Download
Construction Contract Cancellation Letter
A formal notice under Malaysian law for terminating a construction contract, outlining cancellation terms and required actions for all parties.
Download
Reservation Cancellation Letter
A formal Malaysian law-compliant letter for cancelling reservations, addressing booking details and cancellation terms.
Download
Booking Cancellation Letter
A formal letter used in Malaysia to cancel an existing booking or reservation, compliant with Malaysian contract and consumer protection laws.
Download
Rental Termination Agreement
A Malaysian law-governed agreement that formally terminates a rental arrangement between landlord and tenant, outlining termination terms and mutual obligations.
Download
Work Contract Termination Letter
A formal employment termination document under Malaysian law that officially ends an employment relationship while ensuring compliance with local employment regulations.
Download
Letter Of Termination Of Service
A formal document under Malaysian law that officially terminates an employment relationship, specifying termination terms and final arrangements.
Download
Contract Termination Letter To Employee
A formal letter compliant with Malaysian employment law used to terminate an employee's employment contract, specifying termination terms and conditions.
Download
Lease Termination Letter To Tenant
A formal notice under Malaysian law used by landlords to terminate a lease agreement with a tenant, outlining termination details and move-out requirements.
Download
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)