TERMINATION AGREEMENT - neutraali versio, jälleenmyyntisopimus

TERMINATION AGREEMENT

- neutraali versio, jälleenmyyntisopimus

Sopimuspohja tehty neutraalista näkökulmas­ta tilanteeseen, jossa pitkäaikainen jälleenmyyjä lopettelee liiketoimintaansa loppuvuodesta ja sopii päämiehensä kanssa jälleenmyyntisopimuksen päättämisen ehdoista ja aikatauluista.

Sopimuspohjan kaikki kohdat tulee tarkistaa ja muuttaa vastaamaan käytännön tilannetta; on myös huomioitava, että yhden sopimuskohdan muuttaminen yleensä vaikuttaa myös sopimuksen muihin lausekkeisiin ja lisämuutokset ovat tällöin tarpeen.

HUOM.! Tämä sopimuspohja ei sovellu käytettäväksi käytännön tilanteisiin ilman sopimusjuridisen asiantuntijan tarkistusta ja korjauksia.

DRAFT 0.1 - August __, 20__

TERMINATION AGREEMENT

• distribution agreement

This termination agreement is made by and between Yhtiö Oy, a corporation organized and existing under the laws of Finland having its main office at Helsinki, Finland (hereinafter referred to as the “Principal") and Dealer A/S, corporation organized and existing under the laws of Denmark (hereinafter referred to as the “Distributor") having its main office at Copenhagen, Denmark.

1. Background

The parties have performed successful cooperation since year 2016 and wish now to terminate the non-exclusive distribution agreement between the parties (dated originally 1.1.2016 and hereinafter referred to as the “Agreement”). The parties agree on following issues related to the termination:

2. Termination date

The Agreement shall be valid until December 31, 20__ and shall be terminated automatically after December 31, 20__.

3. Sales activities during the last months of year 20__

3.1 From September 1, 20__ the Distributor shall transfer all new client contacts and new product enquiries in Denmark directly to the Principal.

3.2 From September 1, 20__ until December 31, 20__ the Distributor shall focus all its sales activities on its current clients (existing at August 31, 20__). In addition the Distributor shall send to the Principal via e-mail a list of current and potential clients and on-going sales leads and projects no later than September 15, 20__.

3.3 In December 20__ the parties check the sales status of the Distributor and identify any on-going projects and potential orders, which might be executed during the 6-month period after the termination of the Agreement. The Distributor shall have the right to perform until the end all such sales, which have been initiated during year 20__ by the Distributor and identified by the parties in December 20__.

4. Principal’s activities in Denmark

The Principal is currently looking new distributors and partners in Scandinavia. The Distributor agrees that the Principal may inform any potential cooperation parties in Scandinavia that the Distributor’s distribution arrangement will end in the end of year 20__ (due to winding up a business of the Distributor) and that from September 1, 20__ the Distributor will focus its activities on its current clientele and the Principal alone will manage new customers in Denmark.

5. Other terms

Except as amended herein, all other terms and conditions of the Agreement shall remain unchanged

and in full force and effect.

This termination agreement has been made in two (2) identical copies; one for each party.

Place: Helsinki ____________

Date: 10.8.20__ 10.8.20__

Yhtiö Oy Dealer AB

________________________________ _____________________________

Xxxxx Xxxxxxx, Managing Xxxxxxxx Xxxx Xxx, Manager