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Agency Cancellation Letter
"I need an Agency Cancellation Letter to terminate our distribution agreement with ABC Trading Pte Ltd in Singapore, effective March 1, 2025, with a requirement to return all marketing materials and settle outstanding commissions by the termination date."
1. Identification of Parties: Clear identification of both the principal and agent with full legal names and addresses
2. Reference to Original Agreement: Details of the original agency agreement including date, purpose, and any reference numbers
3. Notice of Cancellation: Clear statement of intent to terminate the agency relationship
4. Effective Date: Specific date when the cancellation takes effect
5. Notice Period Compliance: Confirmation that required notice period is being observed as per original agreement
1. Reason for Cancellation: Explanation of termination reasons, included when professionally appropriate or legally required
2. Transition Arrangements: Details of handover process and timeline, used when ongoing business needs to be transferred
3. Outstanding Payments: Details of any final payments or commission settlements pending
4. Post-Termination Obligations: Reference to continuing obligations such as confidentiality or non-compete provisions
1. Statement of Account: Final accounting of commissions or payments due between parties
2. Asset Return Schedule: Detailed list of items, materials, or documents to be returned to principal
3. Client Transfer List: Schedule of clients to be transferred or retained, including relevant contact details and ongoing matters
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