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1. Parties: Identifies and defines all parties to the agreement, including their legal names, addresses, and any relevant corporate details
2. Background: Recitals describing the existing relationship between the parties, reference to original agreement(s), and context for the termination
3. Definitions: Defines key terms used throughout the agreement, including references to the original agreement(s), effective date, and other relevant terms
4. Termination: Clearly states the mutual agreement to terminate the original agreement(s) and specifies the effective date of termination
5. Mutual Release: Comprehensive mutual release provisions where each party releases the other from claims, liabilities, and obligations arising from the original agreement
6. Return of Property: Provisions for the return or disposal of any property, documents, or confidential information exchanged during the relationship
7. Final Payment and Settlement: Details of any final payments, settlements, or financial adjustments between the parties
8. Surviving Obligations: Identifies any provisions from the original agreement that will survive the termination
9. Representations and Warranties: Each party's representations regarding their authority to enter into the agreement and other relevant matters
10. General Provisions: Standard boilerplate clauses including governing law, entire agreement, amendments, and notices
11. Execution: Signature blocks and formal requirements for valid execution under Philippine law
1. Non-Disparagement: Optional provisions preventing parties from making negative statements about each other, particularly relevant in high-profile or contentious terminations
2. Confidentiality: Additional confidentiality provisions beyond the original agreement, used when sensitive information was exchanged during the relationship
3. Transition Arrangements: Details of any transitional period or handover requirements, relevant when the termination requires operational changes
4. Tax Matters: Specific provisions dealing with tax implications of the termination, used when significant tax consequences may arise
5. Further Assurance: Obligations to execute additional documents or take further actions, included when post-termination activities may be needed
6. Dispute Resolution: Specific dispute resolution mechanisms, particularly relevant when parties anticipate potential disagreements about the termination
7. Public Announcements: Controls on public statements about the termination, relevant for public companies or high-profile relationships
1. Schedule of Terminated Agreements: List of all agreements being terminated, including dates and reference numbers
2. Schedule of Final Payments: Detailed breakdown of any final payments, settlements, or financial adjustments
3. Schedule of Property for Return: Itemized list of property, documents, or materials to be returned by each party
4. Schedule of Surviving Obligations: Detailed list of specific obligations that will survive the termination
5. Schedule of Release Exceptions: List of any specific claims or rights excluded from the mutual release provisions
Manufacturing
Technology
Financial Services
Real Estate
Construction
Retail
Healthcare
Professional Services
Telecommunications
Energy
Agriculture
Transportation
Education
Mining
Entertainment
Hospitality
Legal
Executive Leadership
Finance
Procurement
Business Development
Operations
Risk Management
Compliance
Commercial
Contract Administration
Corporate Secretariat
Project Management
Chief Executive Officer
Chief Legal Officer
General Counsel
Legal Director
Corporate Secretary
Business Development Manager
Contract Manager
Chief Financial Officer
Commercial Director
Operations Manager
Procurement Manager
Risk Manager
Compliance Officer
Project Manager
Account Executive
Partnership Manager
Legal Counsel
Business Unit Head
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