Termination Of License Template for Canada

1. Financial Settlement: Used when there are outstanding payments, royalties, or financial adjustments to be addressed

2. Transition Period: Include when a phase-out period is needed for business continuity

3. Sub-licenses: Required when there are existing sub-licenses that need to be addressed

4. Technology Transfer: Include when specific technical knowledge or documentation needs to be transferred back

5. Non-Compete: Used when post-termination competition restrictions are necessary

6. Public Announcements: Include when the termination requires coordinated public communication

7. Customer Transition: Required when there are end-users or customers who need to be notified or transitioned

1. Schedule A - Original License Agreement: Copy or reference to the original license agreement being terminated

2. Schedule B - Licensed Materials Inventory: List of all materials, software, documentation to be returned or destroyed

3. Schedule C - Financial Statement: Statement of any outstanding financial obligations or final payments

4. Schedule D - Transition Plan: Detailed timeline and steps for implementing the termination

5. Schedule E - Sub-licensee List: List of all sub-licensees and their status

6. Appendix 1 - Return Confirmation Form: Template for confirming return or destruction of licensed materials

7. Appendix 2 - Release Certificate: Form for mutual release of obligations and claims