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Termination Of Investment Agreement
"I need a Termination of Investment Agreement to end our Series B investment relationship with Tech Ventures Ltd, involving the return of £2.5M in invested capital and the immediate transfer of associated IP rights, with completion targeted for March 2025."
1. Parties: Identification of all parties to the termination agreement, including full legal names and addresses
2. Background/Recitals: Details of the original investment agreement, its date, and reason for termination
3. Definitions: Key terms used throughout the document, including references to the original agreement
4. Termination Provisions: Specific terms of the termination including effective date and immediate actions required
5. Settlement of Outstanding Obligations: Details of any final payments, transfers, or obligations to be fulfilled
6. Release and Waiver: Mutual release of claims and obligations under the original agreement
7. Surviving Provisions: Clauses from original agreement that remain in effect post-termination
1. Return of Confidential Information: Procedures for returning or destroying confidential information when sensitive information was shared during the investment period
2. Tax Considerations: Specific tax implications and responsibilities when termination has significant tax implications
3. Asset Transfer Provisions: Procedures for transferring any assets when physical or intellectual property needs to be transferred
4. Non-Compete/Non-Solicitation: Ongoing restrictions on business activities when parties wish to maintain competitive restrictions post-termination
1. Schedule of Outstanding Payments: Detailed list of any remaining financial obligations
2. Asset Transfer Schedule: List of assets to be transferred and their agreed values
3. Original Investment Agreement: Copy of the agreement being terminated
4. Confirmation of Board Approvals: Evidence of corporate authorizations for termination
Authors
Original Investment Agreement
Effective Date
Termination Date
Investment Amount
Outstanding Obligations
Confidential Information
Business Day
Completion
Encumbrance
Group
Investor
Investment Company
Investment Manager
Key Personnel
Losses
Material Adverse Change
Parties
Released Claims
Representatives
Securities
Settlement Amount
Surviving Provisions
Transaction Documents
Transfer
Warranties
Working Hours
Release and Waiver
Settlement Terms
Payment Obligations
Return of Assets
Confidentiality
Non-Compete
Non-Solicitation
Representations and Warranties
Surviving Provisions
Further Assurance
Assignment
Notices
Governing Law
Jurisdiction
Entire Agreement
Severability
Costs and Expenses
Force Majeure
Third Party Rights
Variation
Counterparts
Data Protection
Dispute Resolution
Indemnification
Tax Matters
Waiver
Announcement and Publicity
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