Cancellation Contract
Cancellation Contract
This Termination of Service Agreement ("Agreement") is entered into by and between [Your Name] ("Service Provider"), with its principal place of business at [Your Company Address], and [Customer Name] ("Client"), located at [Customer Address].
1. TERMINATION
Either party may terminate this Agreement by providing written notice of termination to the other party, with the termination taking effect within 30 days after receipt of said notice. The written notice needs to specify the reason for termination and be signed by a duly authorized representative of the terminating party.
2. EFFECT OF TERMINATION
Upon termination of this Agreement for any reason, all rights granted to Client hereunder will immediately cease, and Client will cease all activities authorized by this Agreement.
Post-termination, the Client needs to immediately pay all unpaid fees or charges that have accrued before the termination date.
3. PRIVILEGES POST-TERMINATION
All provisions of this Agreement that, to fulfill their purpose, need to survive the Termination or expiration of this Agreement, shall so survive.
4. TERMINATION PROCEDURE
Upon termination, the Client agrees to cease all use of the services being provided by the Service Provider. Any use post-termination date is considered unlawful and outside the bounds of this Agreement.
5. DISPUTE RESOLUTION
Any disputes related to the termination of this Agreement or any provision herein shall be resolved through binding arbitration, to be conducted under the Rules of Arbitration.
6. INDEMNITIES
Upon termination for any reason, each party agrees to indemnify and hold the other party harmless from and against any claims, damages, and liabilities related to the Agreement and its termination.
7. CONFIDENTIALITY
Both parties agree that following the termination of the agreement, they will not disclose any confidential information obtained during the provision of Services.
8. JURISDICTION AND APPLICABLE LAW
This Agreement and any dispute arising from the termination of this Agreement shall be governed and construed by the laws of [Governing Law].
9. ENTIRE AGREEMENT
This termination of service agreement constitutes the entire agreement between the parties and supersedes any prior discussions, agreements, and understandings of any sort between them.
[Your Name]
Date: [Date Signed]
[Customer Name]
Date: [Date Signed]
