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Distribution Cancellation Letter
"I need a Distribution Cancellation Letter to terminate our arrangement with ABC Electronics in Singapore due to their repeated breach of minimum purchase requirements, with termination to take effect from March 1, 2025."
1. Reference to Original Agreement: Details of the original distribution agreement being cancelled, including date, parties, and agreement reference number
2. Effective Date: Clear statement of when the cancellation takes effect and confirmation of notice period compliance
3. Reason for Cancellation: Brief explanation of the grounds for cancellation, if applicable and appropriate to include
4. Immediate Actions Required: List of immediate steps to be taken by both parties upon cancellation
5. Confirmation of Understanding: Statement acknowledging mutual understanding of the cancellation terms
1. Inventory Management: Instructions for handling remaining inventory and stock disposition
2. Outstanding Payments: Details of any pending financial obligations and settlement terms
3. Transitional Arrangements: Temporary measures to ensure smooth transition of business operations
4. Confidentiality Obligations: Reminder of ongoing confidentiality obligations post-cancellation
5. Return of Materials: Instructions for returning any proprietary materials or equipment
1. Schedule A - Inventory List: Detailed list of current stock levels and disposition instructions
2. Schedule B - Financial Statement: Statement of outstanding amounts and payment schedule
3. Schedule C - Handover Checklist: Comprehensive list of items and responsibilities to be transferred or concluded
4. Schedule D - Contact Information: Updated contact information for both parties for post-cancellation communication
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