THIS TERMINATION AGREEMENT is entered into on 04 December 2024

Between

(1)            PARTY_1_NAME whose principal place of business is at PARTY_1_ADDRESS_SINGLE_LINE ("Party 1")

(2)            PARTY_2_NAME whose principal place of business is at PARTY_2_ADDRESS_SINGLE_LINE ("Party 2", together with Party 1, each a party, together the "Parties")

Whereas

(A) The Parties entered into an AGREEMENT agreement dated DATE (the Agreement).

(B) The Parties have agreed to terminate the Agreement.

 

It is agreed

1. Termination

In consideration of the mutual undertakings contained in this Termination Agreement, and with effect from the date of this Termination Agreement (the Termination Date):

(a) the Parties hereby agree to terminate the Agreement and any amendments to such Agreement:

(b) the Parties hereby releases and discharges each other from the Termination Obligations, including without limitation all claims and demands in relation to them; 

(c) the Parties will not be entitled to exercise and enjoy the Termination Rights under the Agreement. 

2. Interpretation

In this Termination Agreement:

Excluded Obligations means all the liabilities and obligations of a party arising under the Agreement to the extent that they: