Termination Of Sales Contract Template for Singapore

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Termination Of Sales Contract

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Termination Of Sales Contract

"I need a Termination Of Sales Contract to end our software distribution agreement with TechCorp Asia Ltd, ensuring all outstanding license fees are settled and source code is returned by March 2025."

Document background
The Termination Of Sales Contract is used when parties mutually agree to end their sales relationship or when termination becomes necessary due to specific circumstances. This document, governed by Singapore law, provides a clear framework for ending the contractual relationship while protecting both parties' interests. It addresses key aspects such as outstanding payments, delivery obligations, mutual releases, and surviving obligations. The document ensures compliance with Singapore's Contract Act, Sale of Goods Act, and relevant commercial legislation, providing legal certainty for all parties involved.
Suggested Sections

1. Parties: Identification of contracting parties and their details

2. Background: Reference to original contract and circumstances leading to termination

3. Definitions: Key terms used in the termination agreement

4. Termination: Express termination clause and effective date

5. Mutual Release: Release of parties from future obligations

6. Settlement of Outstanding Obligations: Treatment of pending payments or deliveries

Optional Sections

1. Survival Clauses: Provisions that continue after termination, used when certain obligations need to continue post-termination

2. Return of Property: Process for returning assets or materials, used when physical items or intellectual property need to be returned

3. Confidentiality: Ongoing confidentiality obligations, used when sensitive information was shared during the contract

Suggested Schedules

1. Original Contract: Copy of the contract being terminated

2. Outstanding Payments Schedule: List of any remaining financial obligations

3. Inventory List: List of items to be returned or disposed of, applicable when physical goods are involved

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Industries

Singapore Contract Law: Common law principles governing contract formation, enforcement, and termination in Singapore

Contract Act (Cap. 53): Primary legislation governing contractual relationships in Singapore

Unfair Contract Terms Act (Cap. 396): Legislation regulating unfair terms in contracts and limiting the extent to which civil liability can be avoided

Sale of Goods Act (Cap. 393): Key legislation governing contracts for the sale of goods, including terms, conditions, and remedies

Supply of Goods Act: Legislation governing the supply of goods and related contractual obligations

Electronic Transactions Act: Law governing electronic contracts and digital signatures in Singapore

International Sale of Goods (United Nations Convention) Act: Implementation of CISG in Singapore law for international sales contracts

Misrepresentation Act (Cap. 390): Law governing false statements or misrepresentations made during contract formation

Limitation Act (Cap. 163): Statute defining time limits for bringing legal claims related to contract disputes

Original Contract Terms: Review of existing sales contract terms including termination clauses and conditions

Notice Requirements: mandatory notice periods and procedures for contract termination

Mutual Release Provisions: Terms for mutual discharge of obligations and liabilities between parties

Outstanding Obligations: Assessment and handling of any unfulfilled contractual obligations

Termination Consequences: Legal and practical effects of contract termination including rights and remedies

Dispute Resolution: Mechanisms for resolving disputes arising from the termination including jurisdiction and procedure

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Termination Without Cause Commercial Contract

find out more

Termination Of Rental Agreement Letter By Tenant

find out more

Termination Of Lease Agreement During Lock In Period

find out more

Termination Of Development Agreement

find out more

Termination Of Contract Due To Ill Health

find out more

Termination Letter Distribution Agreement

find out more

Termination Clause In Employment Contract

find out more

Service Contract Termination

find out more

Mutual Agreement On Termination Of Employment

find out more

Mutual Termination Of Contract In Construction Projects

find out more

Lease Release

find out more

Independent Contractor Termination

find out more

Immediate Termination Of Contract

find out more

End Of Probationary Contract

find out more

Expiry Of Employment Contract

find out more

Deed Of Termination Of Shareholders Agreement

find out more

Contract With No Termination Clause

find out more

Contract Termination For Convenience

find out more

Contract Termination For Cause

find out more

Buyer Termination Of Contract

find out more

Termination Of Agency Agreement

find out more

Termination Of Lease Letter To Tenant

find out more

Termination Of Business Relationship

find out more

End Of Fixed Term Contract

find out more

Director Exit Agreement

find out more

Cancellation Agreement

find out more

Automatic Termination Of Contract

find out more

Cease Employment Letter

find out more

Termination Of Lease Form

find out more

Ending A Fixed Term Contract Early

find out more

Termination Of Tenancy Agreement Letter By Landlord

find out more

Termination Of Sales Representative Agreement

find out more

Tenancy Surrender Agreement

find out more

Mutual Termination And Release Agreement

find out more

Release And Cancellation Of Contract

find out more

Cancellation Of Agreement To Sell

find out more

Non Compete Agreement After Termination

find out more

Termination Of Storage Agreement

find out more

Hire Purchase Agreement Termination

find out more

Contract Release Letter

find out more

Termination Waiver Agreement

find out more

Termination Of Self Employed Contract

find out more

Termination Of Sales Contract

find out more

Termination Of Business Relationship Letter

find out more

Lease Cancellation Form

find out more

Cancellation Of Contract To Sell

find out more

Termination Of Joint Venture Agreement

find out more

Termination Of Management Agreement

find out more

Termination Of Purchase Agreement

find out more

Agreement Of Sale Cancellation

find out more

Termination Of Security Agreement

find out more

Early Termination Of Employment Contract

find out more

Termination Of Land Lease Agreement

find out more

Termination Of Contract By Agreement

find out more

Termination Of Collaboration Agreement

find out more

Partnership Cancellation Letter

find out more

Termination Of Supplier Contract

find out more

Contract Suspension Letter

find out more

Termination And Release Agreement

find out more

Mutual Separation Agreement Employment

find out more

Intent To Cancel Letter

find out more

Contract Expired Letter

find out more

Construction Contract Termination Letter

find out more

Commercial Lease Termination Agreement

find out more

Termination Without Cause Contract

find out more

Termination Of Distribution Agreement

find out more

Mutual Severance Agreement

find out more

Letter To Cancel Service Contract

find out more

Mutual Cancellation Agreement

find out more

Break Contract Letter

find out more

Form To Terminate Lease Agreement

find out more

Loan Termination Agreement

find out more

Employment Termination Agreement

find out more

Mutual Termination Agreement

find out more

Employee Exit Agreement

find out more

Termination Of Employment Contract

find out more

Breach Of Contract Termination Letter

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.