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Mutual Termination Agreement

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Mutual Termination Agreement

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Basic Info

  • Applicable Region UAE
  • Available Languages
    English
    English & Arabic
  • Document No 0000497
  • Version V 1.0
  • Last Updated 07-06-2023
  • Reviews 0
Document Summary

This Mutual Termination agreement sets forth the conditions and stipulations for the cessation of a prior contractual arrangement between the First Party and the Second Party, known as the Initial Agreement, without any imputation of liability to either party.

This agreement also states that it supersedes all prior agreements.

Description

This agreement includes provisions for outstanding payments, release of all claims and liabilities related to the Initial agreement, the governing law, dispute resolution, and execution of the agreement

Jurisdiction

This document is intended for use in the United Arab Emirates.

Disclaimer

This document is provided for reference only and is not intended to be, and should not be considered, legal advice. Determinations about whether this document will be appropriate in your particular situation or jurisdiction should be made after consultation with a legal counsel. Kanoony will not assume any legal liability that may arise from the use of this document.

Before Execution

  • The information on this front page or contained in the headers and footers of this instrument are for guidance purposes only.
  • Please delete this front page together with the information contained in the headers, footers and the endnotes prior to circulating this letter. Where square brackets […] and highlights are used in the document, it indicates that there is missing or incomplete information which will need to be incorporated prior to signature.
  • Please remove the square brackets and all highlighting prior to signature.