Document background
A Dealer Termination Letter is utilized when a company needs to formally end its relationship with an authorized dealer or distributor. Under Singapore law, this document must carefully balance the rights and obligations of both parties while ensuring compliance with local regulations. The letter typically includes specific reference to the original dealer agreement, grounds for termination, notice periods, and transition arrangements. When drafting a Dealer Termination Letter, particular attention must be paid to Singapore's Contract Law, competition regulations, and fair trading requirements to ensure the termination process is legally sound and enforceable.
