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合同作废协议英文
ThisContractCancellationAgreement(the"Agreement")ismadeandenteredintoasof[date]byandbetween:
PartyA:
Name:[Company/IndividualName]
Address:[Address]
ContactPerson:[ContactName]
ContactInformation:[Phone/Email]
PartyB:
Name:[Company/IndividualName]
Address:[Address]
ContactPerson:[ContactName]
ContactInformation:[Phone/Email]
I.Recitals
WHEREAS,PartyAandPartyBenteredintoacontract(the"OriginalContract")on[date]fortheprovisionof[descriptionofthesubjectmatterorservice].TheOriginalContractdetailstherightsandobligationsofbothpartieswithrespecttothe[subjectmatterorservice].
WHEREAS,dueto[reasonsforcancellation],bothpartieshavemutuallyagreedtocanceltheOriginalContractanddesiretosetforththetermsandconditionsofsuchcancellationinthisAgreement.
II.CancellationoftheOriginalContract
1.CancellationEffectiveDate
TheOriginalContractshallbecancelledandbenullandvoidasofthedateofthisAgreement,whichis[date].
2.ReturnofConsideration
PartyBshallreturntoPartyAanyconsiderationreceivedundertheOriginalContractwithin[numberofdays]daysfromthedateofthisAgreement.Suchconsiderationshallinclude,butnotbelimitedto,anypaymentsmade,goodsdelivered,orservicesprovided.PartyAshall,uponreceiptofthereturnedconsideration,issueacorrespondingreceipttoPartyB.
3.ObligationsDischarged
UponthecancellationoftheOriginalContract,allobligationsandrightsofbothpartiesundertheOriginalContractshallbedischarged,exceptasotherwiseprovidedinthisAgreement.NeitherpartyshallhaveanyfurtherliabilityorobligationtotheotherpartywithrespecttotheperformanceornonperformanceoftheOriginalContract.
III.RepresentationsandWarranties
1.PartyA'sRepresentationsandWarranties
PartyArepresentsandwarrantsthatithasthelegalrightandauthoritytoenterintothisAgreementandtocanceltheOriginalContract.
PartyAfurtherrepresentsandwarrantsthat,tothebestofitsknowledge,therearenoliens,encumbrances,orotherrestrictionsontheconsiderationithasreceivedundertheOriginalContractthatwouldpreventitsreturnasrequiredbythisAgreement.
PartyArepresentsandwarrantsthatithasnotassignedortransferredanyrightsorobligationsundertheOriginalContracttoanythirdpartywithoutthepriorwrittenconsentofPartyB.
2.PartyB'sRepresentationsandWarranties
PartyBrepresentsandwarrantsthatithasthelegalrightandauthoritytoenterintothisAgreementandtocanceltheOriginalContract.
PartyBfurtherrepresentsandwarrantsthatithasnotmadeanyunauthorizeduse,disclosure,orreproductionofanyconfidentialinformationreceivedfromPartyAundertheOriginalContract.
PartyBrepresentsandwarrantsthatithasnotincurredanydebts,liabilities,orobligationsinconnectionwiththeperformanceoftheOriginalContractthatwouldaffectthecancellationprocessortherightsofPartyAunderthisAgreement.
IV.Indemnification
1.IndemnificationbyPartyA
PartyAshallindemnify,defend,andholdharmlessPartyBfromandagainstanyandallclaims,losses,damages,liabilities,andexpenses(includingbutnotlimitedtoattorneys'fees)arisingoutoforinconnectionwithanybreachofPartyA'srepresentationsandwarrantiesinthisAgreement.
2.IndemnificationbyPartyB
PartyBshallindemnify,defend,andholdharmlessPartyAfromandagainstanyandallclaims,losses,damages,liabilities,andexpenses(includingbutnotlimitedtoattorneys'fees)arisingoutoforinconnectionwithanybreachofPartyB'srepresentationsandwarrantiesinthisAgreement.
V.Confidentiality
1.ObligationtoMaintainConfidentiality
Bothpartiesacknowledgethat,duringthecourseoftheirbusinessrelationshipundertheOriginalContract,theymayhavereceivedorhadaccesstocertainconfidentialinformationoftheotherparty.EachpartyshallcontinuetobeboundbyanyconfidentialityobligationssetforthintheOriginalContractoranyotherprioragreementsbetweentheparties.
2.PermittedDisclosures
Neitherpartyshalldiscloseanyconfidentialinformationoftheotherpartytoanythirdparty,exceptasrequiredbylaworwiththepriorwrittenconsentoftheotherparty.Intheeventofalegalrequirementtodiscloseconfidentialinformation,thedisclosingpartyshallpromptlynotifytheotherpartyandcooperatewiththeotherpartytotakereasonablemeasurestoprotecttheconfidentialityofsuchinformation.
VI.GoverningLawandJurisdiction
1.GoverningLaw
ThisAgreementshallbegovernedbyandconstruedinaccordancewiththelawsof[jurisdiction].
2.Jurisdiction
AnydisputesarisingoutoforinconnectionwiththisAgreementshallbesubjecttotheexclusivejurisdictionofthecourtslocatedin[jurisdiction].
VII.EntireAgreement
ThisAgreementconstitutestheentireagreementbetweenthepartieswithrespecttothesubjectmatterhereofandsupersedesallprioragreementsandunderstandings,oralorwritten,relatingtothesame.
VIII.AmendmentsandWaivers
Noamendment,modification,orwaiverofanyprovisionofthisAgreementshallbeeffectiveunlessinwritingandsignedbybothparties.
Ix.Severability
IfanyprovisionofthisAgreementisheldtobeinvalid,illegal,orunenforceable,thevalidity,legality,andenforceabilityoftheremainingprovisionsshallinnowayinanywaybeaffectedorimpaired.
x.Notices
1.NoticeAddresses
Anynotice,demand,orothermunicationrequiredorpermittedtobegivenunderthisAgreementshallbeinwritingandshallbedeliveredpersonally,sentbyregisteredorcertifiedmail(returnreceiptrequested),orbyovernightcouriertothefollowingaddresses:
ForPartyA:
[Address]
ForPartyB:
[Address]
2.EffectivenessofNotice
Noticeshallbedeemedtohavebeendulygiven:
Ifdeliveredpersonally,whenreceived;
Ifsentbyregisteredorcertifiedmail,onthedateofreceiptasindicatedbythereturnreceipt;
Ifsentbyovernightcourier,onthenextbusinessdayafterdepositwiththecourierservice.
Inwitnesswhereof,thepartieshaveexecutedthisContractCancellationAgreementasofthedatefirstabovewritten.
PartyA(Signature):____________________
Date:____________________
PartyB(Signature):____________________
Date:____________________
ExplanationoftheAboveAgreement
I.Introduction
Thiscontractcancellationagreementisalegaldocumentthatformalizesthemutualagreementbetweentwopartiestoterminateapreviouslyexistingcontract.Itiscrucialtoensurethatallaspectsofthecancellationareclearlydefinedandinpliancewithrelevantlaws,especiallytheprovisionsoftheCivilCode.
II.Parties'Information
1.IdentityDetails
Clearlystatingthenames,addresses,contactpersons,andcontactinformationofbothPartyAandPartyBprovidesaclearidentificationofthepartiesinvolvedinthecancellationprocess.Thisinformationisessentialformunication,serviceofnotices,andestablishingthelegalstandingofeachparty.
Forexample,inabusinesstobusinesscontext,ifPartyAisasoftwaredevelopmentpanyandPartyBisaclientthathasdecidedtocancelasoftwaredevelopmentcontract,includingtheirdetailedbusinessaddresseshelpsindeterminingthejurisdictionandensuringproperserviceofanylegaldocumentsrelatedtothecancellation.
III.Recitals
1.PurposeofRecitals
Therecitalssectionservesasabackgroundandcontextfortheagreement.Itexplainsthereasonforthecancellationoftheoriginalcontract,whichcouldbeduetovariousfactorssuchasachangeinbusinessstrategy,dissatisfactionwiththeserviceorproductprovided,orunforeseencircumstances.
Forinstance,iftheoriginalcontractwasforthesupplyofacertaintypeofmachineryandPartyBhasfoundamoresuitablealternativesupplier,thisreasoncanbeclearlystatedintherecitals.Thishelpsinunderstandingthemotivationbehindthecancellationandcanberelevantincaseofanydisputesregardingthecancellationdecision.
IV.CancellationoftheOriginalContract
1.EffectiveDate
Specifyingthecancellationeffectivedateisfundamental.Itmarksthemomentwhentheoriginalcontractceasestobelegallybinding.Allrightsandobligationsundertheoriginalcontractareextinguishedfromthisdate,exceptasprovidedinthecancellationagreement.
Iftheoriginalcontractwasforaleaseagreement,andthecancellationeffectivedateissetasoftheendofthecurrentmonth,itclarifieswhenthelesseenolongerhastherighttousetheleasedpropertyunderthetermsoftheoriginalleasecontract.
2.ReturnofConsideration
TherequirementforPartyBtoreturnanyconsiderationreceivedundertheoriginalcontractisakeyaspect.Considerationcanincludepaymentsmade,goodsreceived,orservicesavailed.Thisprovisionensuresfairnessandrestitution.
Forexample,ifPartyBhaspaidanadvancepaymentforaconstructionprojectundertheoriginalcontract,andthecontractiscancelled,PartyBisobligatedtoreturnthispayment.PartyA,uponreceipt,isrequiredtoissueareceipt,whichservesasproofofthereturnandcanbeimportantincaseofanyfuturedisputesregardingthefinancialaspectsofthecancellation.
3.ObligationsDischarged
Statingthatallobligationsandrightsundertheoriginalcontractaredischargeduponcancellation,exceptasotherwiseprovidedintheagreement,isasafeguardforbothparties.Itpreventsanymisunderstandingsaboutongoingobligationsthatmayhavebeeninadvertentlyoverlooked.
Inaservicebasedcontract,iftheoriginalcontractobligatedPartyAtoprovideregularmaintenanceservicesforacertainperiod,thisobligationisterminateduponcancellation,unlessthecancellationagreementspecifiesotherwise.
V.RepresentationsandWarranties
1.Importance
Theserepresentationsandwarrantiesarecrucialastheyprotecteachpartyfrompotentiallossesandliabilitiesarisingfromtheactionsoromissionsoftheotherpartyduringthecourseoftheoriginalcontractandthecancellationprocess.
Forexample,PartyA'srepresentationthatithasthelegalrightandauthoritytocancelthecontractandthattherearenoencumbrancesontheconsiderationithasreceivedgivesPartyBconfidencethatthecancellationisvalidandthattherewillbenolegalplicationsregardingthereturnoftheconsideration.
2.Scope
Thescopeoftherepresentationsandwarrantiescoversvariousaspectssuchaslegalauthority,nonexistenceofliensorencumbrances,andnonassignmentofrights.Thisprehensivescopehelpsinidentifyingandaddressingpotentialrisksassociatedwiththecancellation.
IfPartyBrepresentsthatithasnotmadeanyunauthorizeduseofconfidentialinformationreceivedfromPartyA,itsetsaclearstandardforitsconductduringtheoriginalcontractperiodandthecancellationprocess.AnybreachofthisrepresentationcanleadtoliabilityforPartyB.
VI.Indemnification
1.Purpose
Theindemnificationclausesprotecteachpartyfromfinanciallossesandlegalliabilitiescausedbytheotherparty'sbreachoftherepresentationsandwarranties.Itensuresthatthepartysufferingthelossispensatedforanydamagesincurred.
IfPartyAbreachesitsrepresentationregardingthelegalauthoritytocancelthecontractandPartyBincurslossesasaresult,PartyAisobligatedtoindemnifyPartyBforthoselosses,includinglegalfeesandanydirectfinanciallosses.
2.ScopeofIndemnification
Thescopeincludesallclaims,losses,damages,liabilities,andexpenses,withaspecificmentionofattorneys'fees.Thisbroadscopeensuresthattheindemnifyingpartybearsthefullcostofanylegalactionorlossresultingfromthebreach.
InasituationwherePartyBissuedduetoPartyA'sbreachofawarranty,PartyAwillberesponsibleforcoveringallthecostsassociatedwiththelawsuit,includingthepaymentofattorneys'feesforPartyB'sdefense.
VII.Confidentiality
1.ContinuingObligation
Acknowledgingthecontinuingobligationtomaintainconfidentialityofinformationreceivedduringtheoriginalcontractperiodisimportant.Thisprotectstheproprietaryandsensitiveinformationofbothparties.
Inatechnologyrelatedcontract,ifPartyAhassharedtradesecretswithPartyBduringthecourseoftheoriginalcontract,bothpartiesareboundtokeepthisinformationconfidentialevenafterthecontractiscancelled.
2.PermittedDisclosures
Theprovisionsregardingpermitteddisclosuressetaclearboundaryforwhenapartycandisclosetheotherparty'sconfidentialinformation.Itbalancestheneedtoplywithlegalrequirementswhileprotectingtheconfidentialityoftheinformation.
Ifapartyisrequiredbylawtodiscloseconfidentialinformation,thenoticeandcooperationrequirementsensurethattheotherpartyisinformedandthatstepsaretakentominimizetheimpactontheconfidentialityoftheinformation.
VIII.GoverningLawandJurisdiction
1.GoverningLaw
Selectingthegoverninglawiscrucialasitdetermineswhichlegalframeworkwillbeappliedtointerpretandenforcetheagreement.Differentlawsmayhavedifferentprovisionsregardingcontractcancellation,liability,andremedies.
Ifthegoverninglawisthelawofaparticularjurisdictionknownforitsstrictcontractenforcementmechanisms,bothpartiesareawarethatanydisputeswillberesolvedinaccordancewiththoselaws,whichcanimpacttheoueofthecase.
2.Jurisdiction
Theexclusivejurisdictionclausedesignatesthespecificcourtswhereanydisputeswillbeheard.Thishelpsinstreamliningthedisputeresolutionprocessandavoidinguncertaintiesregardingwhichcourthastheauthoritytohandlethecase.
Ifthejurisdictionisaparticularcourtknownforitsexpertiseincontractrelateddisputes,itprovidesamorepredictableandefficientforumforresolvinganydisagreementsbetweentheparties.
Ix.EntireAgreement
1.Supersedence
Statingthatthisagreementsupersedesallprioragreementsensuresthattherearenoconflictingoroverlappingterms.Itclarifiesthatthetermsofthiscancellationagreementarethefinalandbindingtermsbetweentheparties.
Inasituationwherethereweresomeoralagreementsorsidedealsrelatedtotheoriginalcontract,thisclausemakesitclearthatthoseprioragreementsarenolongerrelevant,andonlythetermsofthiscancellationagreementwillgoverntherelationshipbetweentheparties.
x.AmendmentsandWaivers
1.FormalityRequirement
Therequirementforwrittenandsignedamendmentsandwaiversensuresthatanychangestotheagreementaremadeintentionallyandwiththefullknowledgeandconsentofbothparties.Thispreventsanyunauthorizedoraccidentalmodifications.
Ifapartywantstowaiveacertainrightundertheagreement,thewrittenandsignedrequ
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