The Termination Of License Agreement Letter is a crucial document used when one party wishes to formally end a licensing arrangement in Malaysia. It's typically employed when either the licensor or licensee decides to terminate the agreement due to various reasons such as breach of terms, expiration of the agreement, or mutual consent. This document must comply with Malaysian contract law and relevant industry-specific regulations, particularly the Contracts Act 1950 and applicable intellectual property laws. It should clearly state the termination grounds, effective date, and post-termination obligations, while ensuring all necessary steps for proper closure of the licensing relationship are addressed. The document serves as official evidence of the termination and helps prevent future disputes by clearly documenting the parties' rights and obligations during the termination process.
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1. Letter Header: Include current date, recipient's name and address, and appropriate reference numbers
2. Agreement Reference: Clear identification of the license agreement being terminated, including its date and parties
3. Termination Notice: Express statement of termination, citing relevant clause from original agreement and effective date
4. Basis for Termination: Reference to the specific grounds or clause allowing termination
5. Immediate Actions Required: List of actions required from licensee, such as ceasing use of licensed material
6. Outstanding Payments: Statement regarding any pending payments or financial settlements
7. Return of Materials: Instructions for returning any licensed materials, documentation, or property
8. Closing and Signature: Professional closing, signature block, and contact information for further communication
1. Breach Details: Required when termination is due to breach, detailing specific violations
2. Cure Period Reference: Include if a cure period was provided and has expired
3. Transition Arrangements: Needed when specific transition support or handover is required
4. Surviving Obligations: Reference to any obligations that continue post-termination
5. Legal Reservations: Include when preserving rights for future legal action
6. Acknowledgment Request: Request for countersignature or acknowledgment of receipt when formal confirmation is needed
1. Schedule of Outstanding Payments: Detailed list of any unpaid fees or charges
2. Schedule of Materials for Return: Inventory of physical or digital materials to be returned or destroyed
3. Transition Timeline: Detailed timeline for termination implementation and transition activities
4. Post-Termination Obligations: Comprehensive list of ongoing obligations that survive termination
Relevant legal definitions
Clauses
Relevant Industries
Technology
Manufacturing
Software and IT
Pharmaceuticals
Media and Entertainment
Retail
Consumer Goods
Telecommunications
Biotechnology
Industrial Products
Professional Services
Relevant Teams
Legal
Compliance
Intellectual Property
Commercial
Business Development
Corporate Affairs
Administration
Operations
Risk Management
Relevant Roles
Legal Counsel
Intellectual Property Manager
Licensing Director
Contract Manager
Business Development Manager
Chief Legal Officer
Compliance Officer
Commercial Director
CEO
Managing Director
IP Rights Administrator
Legal Administrator
Company Secretary
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