The Contract Termination Agreement and Release is essential in Philippine business practice when parties mutually agree to end their contractual relationship in an orderly and definitive manner. This document type is commonly used when businesses need to formally conclude their obligations while ensuring legal protection through mutual releases. It complies with Philippine Civil Code requirements and can be customized for various business relationships, from employment contracts to commercial agreements. The document typically includes provisions for final settlements, continuing obligations, confidentiality requirements, and mutual releases, all structured to be enforceable under Philippine law. It's particularly valuable in preventing future disputes by clearly documenting the terms of separation and ensuring all parties understand their rights and obligations post-termination.
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: Identifies and defines all parties to the agreement, including their legal capacities and addresses
2. Background: Describes the original contract being terminated, its date, and key terms, and briefly explains the circumstances leading to termination
3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty
4. Termination: Clearly states the termination of the original contract and specifies the effective date
5. Settlement Terms: Details any financial settlements, including final payments or adjustments
6. Mutual Release: Contains comprehensive release language where parties release each other from claims related to the original contract
7. Return of Property: Specifies requirements for returning any property, documents, or materials belonging to either party
8. Confidentiality: Confirms continuing confidentiality obligations and handling of sensitive information
9. Survival Provisions: Identifies which provisions from the original contract survive termination
10. Governing Law: Specifies Philippine law as governing law and jurisdiction for disputes
11. Execution: Formal closing and signature blocks complying with Philippine execution requirements
1. Transition Arrangements: Used when there needs to be a handover period or specific transition activities
2. Non-Competition/Non-Solicitation: Include when post-termination restrictions are required
3. Tax Provisions: Include when there are significant tax implications requiring specific handling
4. Intellectual Property Rights: Include when IP ownership or licensing needs to be addressed post-termination
5. Employee Matters: Include when termination affects employment relationships or requires staff transfers
6. Public Announcements: Include for high-profile contracts where termination communication needs to be managed
7. Dispute Resolution: Include when specific dispute resolution mechanisms beyond court jurisdiction are needed
8. Insurance and Indemnification: Include when ongoing insurance obligations or specific indemnities are required
1. Schedule of Final Payments: Detailed breakdown of all financial settlements, including payment timing
2. Property Return Schedule: List of all items to be returned, including deadline and delivery method
3. Outstanding Obligations: List of any continuing obligations that survive termination
4. Related Agreements: List of any related agreements affected by or excluded from the termination
5. Contact Details: Key contact information for post-termination communications
Authors
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Technology
Professional Services
Retail
Construction
Healthcare
Education
Financial Services
Telecommunications
Real Estate
Energy
Transportation
Agriculture
Media and Entertainment
Consumer Goods
Relevant Teams
Legal
Human Resources
Procurement
Operations
Finance
Compliance
Risk Management
Commercial
Business Development
Contract Administration
Relevant Roles
Chief Executive Officer
Managing Director
Legal Counsel
Contract Manager
Human Resources Director
Procurement Manager
Business Development Manager
Operations Director
Project Manager
Commercial Director
Chief Financial Officer
Compliance Officer
Risk Manager
General Manager
Head of Legal
Find the exact document you need
Formal Letter Of Termination
A legally compliant employment termination notice under Philippine law that formally ends an employment relationship while adhering to local labor regulations.
find out more
Cancel Union Membership Letter
A formal letter used in the Philippines to terminate labor union membership, complying with Philippine labor laws and DOLE regulations.
find out more
30 Day Notice Of Lease Termination
A formal notice under Philippine law used by tenants to inform landlords of their intention to terminate a lease agreement within 30 days.
find out more
Project Termination Letter To Client
A formal project termination letter template for use in the Philippines, providing structured communication for ending client project engagements in compliance with Philippine law.
find out more
Letter Requesting Termination Of Services
A formal letter compliant with Philippine law used to request the termination of professional services, including essential details about the termination and transition arrangements.
find out more
Letter To Cancel Gap (Insurance)
A formal letter template for cancelling GAP insurance coverage in the Philippines, compliant with Philippine insurance regulations and the Insurance Code.
find out more
Gym Cancellation Form
A Philippine-compliant form for terminating gym memberships, aligned with local consumer protection laws and DTI regulations.
find out more
Terminate Month To Month Lease Letter
A formal notice letter used in the Philippines to terminate a month-to-month lease agreement, complying with Philippine rental laws and regulations.
find out more
Letter For Holiday Refund
A formal refund request letter template for holiday packages in the Philippines, aligned with local consumer protection and tourism laws.
find out more
Cancellation Letter For Car Loan Application
A formal letter used in the Philippines to cancel a car loan application, complying with local banking regulations and consumer protection laws.
find out more
Work Contract Cancellation Letter
A formal letter compliant with Philippine labor laws used to terminate an employment contract, specifying termination terms and final settlement details.
find out more
Lease Termination Notification
A formal notice for terminating a lease agreement under Philippine law, detailing termination date and property handover arrangements.
find out more
Mutual Contract Termination Letter
A Philippine law-compliant document that formally records the mutual agreement between parties to terminate an existing contract.
find out more
Letter For Termination Of Account
A formal letter used in the Philippines to request and authorize the closure of a banking account, complying with Philippine banking regulations and BSP requirements.
find out more
Letter For Cancelling Order
A formal letter governed by Philippine law used to cancel an order for goods or services, including essential order details and cancellation terms.
find out more
Work Cancellation Letter
A formal document used in the Philippines to terminate employment, complying with Philippine Labor Code requirements and outlining termination details and obligations.
find out more
Purchase Order Cancellation Letter To Customer
A formal notice under Philippine law to inform a customer about the cancellation of their purchase order, including cancellation details and next steps.
find out more
Letter Of Termination Of Contract To Employer
A formal resignation letter compliant with Philippine labor laws, providing official notice of employment contract termination with mandatory 30-day notice period.
find out more
Termination Letter (Real Estate)
A formal notice compliant with Philippine law to terminate a real estate agreement, specifying termination details and party obligations.
find out more
Letter To Cancel Lawn Service
A formal notice under Philippine law to terminate an existing lawn maintenance service agreement, including termination details and final instructions.
find out more
Insurance Termination Letter
A formal letter compliant with Philippine insurance laws requesting the termination of an insurance policy.
find out more
Cancellation Letter For Health (Insurance)
A formal health insurance policy cancellation letter compliant with Philippine insurance laws and regulations.
find out more
Employee Termination Agreement And Release
A Philippine law-compliant agreement that formalizes employment termination, outlines separation terms, and includes mutual releases between employer and employee.
find out more
Building Contract Termination Letter
A formal notice under Philippine law to terminate a building contract, specifying termination grounds and post-termination obligations.
find out more
Cancel Retainer Agreement Letter
A formal letter terminating a professional retainer agreement under Philippine law, including termination terms and final arrangements.
find out more
Letter To Tenant Terminate Lease Agreement
A formal notice under Philippine law to terminate a tenant's lease agreement, outlining termination date and tenant obligations.
find out more
Letter Of Termination Of Employment
A formal document compliant with Philippine labor laws that officially terminates an employment relationship, stating the grounds, effective date, and final pay arrangements.
find out more
Home Insurance Cancellation Letter
A formal letter for terminating home insurance coverage in the Philippines, compliant with Philippine insurance regulations and the Insurance Code.
find out more
Voluntary Termination
A Philippine law-compliant Voluntary Termination agreement formalizing an employee's resignation and settling all employment-related matters.
find out more
Party Cancellation Letter
A formal notice of party booking cancellation under Philippine law, used to terminate event arrangements and request applicable refunds.
find out more
Flat Cancellation Letter Due To To Non Payment
A formal notice under Philippine law to terminate a contract due to payment default, complying with local legal requirements for contract cancellation.
find out more
Lease Termination
A Philippine law-compliant agreement for terminating lease arrangements between landlords and tenants, covering all essential termination terms and obligations.
find out more
Cancel Termination Letter
A formal document under Philippine law that rescinds a previous employment termination notice and reinstates an employee to their position.
find out more
Tenancy Termination Notice
A formal notice under Philippine law to terminate a lease agreement, outlining the termination details and requirements for both parties.
find out more
Subscription Cancellation Letter
A formal notice under Philippine law for terminating subscription services, ensuring compliance with local consumer protection regulations while documenting the cancellation request.
find out more
Debt Cancellation Agreement
A Philippine law-governed agreement for the formal cancellation of debt obligations between parties, ensuring legal compliance and proper documentation of debt forgiveness.
find out more
Employee Termination Agreement
A Philippine law-compliant agreement that formally documents employment termination terms, including final settlements and mutual obligations between employer and employee.
find out more
Cancellation Request Letter
A formal document used in the Philippines to request the termination of services or contracts, complying with local legal requirements.
find out more
Client Termination Letter
A formal notice under Philippine law for terminating a business relationship or service agreement with a client, including termination details and next steps.
find out more
Agreement To Cancel Lease
A Philippine law-compliant document that formally terminates a lease agreement between landlord and tenant, establishing terms for lease ending and mutual release of obligations.
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)