Termination Of Distributorship Template for India

1. Transition Assistance: Used when there's a need to ensure smooth transition to new distribution arrangements

2. Customer Transfer: Include when specific arrangements are needed for transferring customers to new distributors

3. Post-Termination Restrictions: Non-compete and non-solicitation provisions, if agreed upon

4. Survival Clauses: Specific provisions that will survive termination, if any

5. Tax Implications: Include when there are specific tax considerations to be addressed

6. Force Majeure: Include if termination is related to force majeure events

7. Dispute Resolution: Detailed arbitration or mediation procedures, if not covered in general governing law

1. Schedule 1 - Original Agreement Details: Copy or summary of key terms from original distributorship agreement

2. Schedule 2 - Outstanding Payments Statement: Detailed statement of all pending financial matters and settlement terms

3. Schedule 3 - Inventory List: Detailed list of remaining inventory and agreed handling procedure

4. Schedule 4 - Return of Property Checklist: List of all items to be returned and timeline

5. Schedule 5 - Intellectual Property Register: List of all IP rights previously licensed and termination procedures

6. Appendix A - Transition Timeline: Detailed timeline for implementing various aspects of the termination

7. Appendix B - Communication Template: Approved format for communicating termination to customers/stakeholders