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Termination Of Licence Agreement Letter
"I need a Termination of Licence Agreement Letter to end our software licensing agreement with TechCorp due to their repeated breach of payment terms, with termination to take effect from March 15, 2025, and need to include details about returning all source code materials."
1. Addressee Details: Full name and address of the licence holder, including any reference numbers
2. Reference to Original Agreement: Details of the original licence agreement including date, parties, and subject matter
3. Termination Statement: Clear and unambiguous statement of intention to terminate the licence agreement
4. Grounds for Termination: Specific reasons for termination with reference to relevant clause(s) in the original agreement
5. Effective Date: Specification of when the termination becomes effective, including notice period if applicable
1. Outstanding Payments: Section detailing any outstanding payments or financial obligations that need to be settled
2. Return of Materials: Instructions regarding the return or destruction of licensed materials, documentation, or property
3. Confidentiality Obligations: Reminder of ongoing confidentiality obligations that survive termination
4. Post-Termination Obligations: Other continuing obligations or restrictions that survive termination
1. Copy of Original Licence: Attachment of the original licence agreement for reference purposes
2. Statement of Outstanding Amounts: Detailed breakdown of any outstanding payments or financial obligations
3. Asset Register: Comprehensive list of licensed materials, property, or documentation to be returned or destroyed
Authors
Grounds for Termination
Effective Date
Reference to Original Agreement
Return of Materials
Outstanding Payments
Confidentiality
Intellectual Property Rights
Post-Termination Obligations
Surviving Provisions
Dispute Resolution
Governing Law
Acknowledgment
Data Protection
Non-Competition
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