The Mutual Termination of Contract agreement is essential when parties wish to formally end their contractual relationship by mutual consent under Pakistani law. This document is typically used when circumstances have changed since the original contract was formed, making termination the most practical solution for all parties. It should be used when both parties agree to end their contractual obligations and want to document the terms of separation, including any settlements, ongoing obligations, or releases. The agreement must comply with Pakistani contract law, particularly the Contract Act 1872, and should address key aspects such as effective termination date, outstanding payments, property return, and surviving obligations. This document is particularly important in commercial relationships where clear documentation of the termination terms is necessary for legal and business certainty.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification of all parties to the termination agreement, including their full legal names, addresses, and registration details if applicable
2. Background: Reference to the original contract, its date, purpose, and key terms, and brief explanation of why parties are choosing to terminate
3. Definitions: Definitions of key terms used in the termination agreement, including reference to definitions from original contract if still relevant
4. Effective Date of Termination: Clear statement of when the termination takes effect
5. Mutual Agreement to Terminate: Express statement that both parties agree to terminate the original contract
6. Outstanding Obligations: Details of any remaining obligations, payments, or deliverables that must be fulfilled before or after termination
7. Return of Property: Requirements for returning any physical or intellectual property belonging to either party
8. Mutual Release: Mutual release from future obligations under the original contract, except as specified in the termination agreement
9. Confidentiality: Confirmation that confidentiality obligations survive termination where applicable
10. Governing Law: Confirmation that Pakistani law governs the termination agreement
11. Counterparts: Statement that the agreement may be executed in counterparts
12. Signatures: Execution blocks for all parties
1. Survival Clauses: Specification of which clauses from the original agreement survive termination - use when certain obligations need to continue
2. Settlement Terms: Details of any financial settlement or compensation - include when termination involves financial arrangements
3. Non-Disparagement: Mutual agreement not to make negative statements about each other - important for high-profile or sensitive terminations
4. Future Cooperation: Terms for any transitional assistance or future cooperation - use when ongoing interaction is necessary
5. Tax Provisions: Specific arrangements regarding tax implications - include when significant financial settlements are involved
6. Dispute Resolution: Specific dispute resolution procedures - include when parties want to specify alternative dispute resolution methods
7. Non-Compete/Non-Solicitation: Continuation or modification of any restrictive covenants - use when protecting business interests is crucial
1. Schedule A - Original Contract: Copy or key details of the original contract being terminated
2. Schedule B - Settlement Calculations: Detailed breakdown of any financial settlements or payments
3. Schedule C - Property Register: List of items to be returned or transferred between parties
4. Schedule D - Outstanding Obligations: Detailed list of remaining obligations and their completion timeline
5. Schedule E - Surviving Provisions: Comprehensive list of provisions from original contract that survive termination
Find the exact document you need
Letter For Holiday Refund
A formal refund request letter template for holiday services in Pakistan, compliant with Pakistani consumer protection laws.
Download
Termination Of Consultancy Services Letter
A formal letter under Pakistani law that terminates a consultancy services agreement, outlining termination terms, payments, and handover requirements.
Download
Cancellation Letter For Car Loan Application
A formal letter used in Pakistan to cancel a pending car loan application, complying with Pakistani banking regulations and State Bank guidelines.
Download
Termination Of Service
A legal document governed by Pakistani law that formalizes the termination of employment relationship, ensuring compliance with local labor regulations and protecting both parties' interests.
Download
Letter Of Termination Of Employment
A formal employment termination document compliant with Pakistani labor laws, officially ending the employer-employee relationship.
Download
Lease Termination
A Pakistani law-compliant agreement that formally terminates a lease between landlord and tenant, addressing property handover and final settlements.
Download
Agency Termination Letter
A formal notice under Pakistani law to terminate an agency relationship, outlining termination terms and post-agency obligations.
Download
Cancel Subscription Letter
A formal document used in Pakistan to terminate subscription services, compliant with Pakistani contract law and consumer protection regulations.
Download
Notice Of Cancellation For Non Payment Letter
A formal notice under Pakistani law to terminate a contract due to payment default, including default details and cancellation terms.
Download
Letter For Cancellation Of Agreement
A formal letter used in Pakistan to terminate an existing agreement or contract, complying with Pakistani contract law requirements.
Download
Notice Of Lease Termination Letter
A formal notice under Pakistani law for terminating a lease agreement, complying with the Transfer of Property Act and local ordinances.
Download
Landlord Lease Termination Agreement
A Pakistani law-governed agreement that formally terminates a lease between landlord and tenant, outlining termination terms, property surrender, and final settlements.
Download
Termination Employment Contract
A legal document under Pakistani law that formalizes employment termination, outlining termination terms, settlements, and mutual obligations.
Download
Tenant Termination Of Lease Agreement
A legally binding agreement under Pakistani law that formally terminates a lease between landlord and tenant, specifying all termination terms and final settlements.
Download
Tenancy Termination Notice
A formal notice under Pakistani law for terminating a lease or rental agreement, complying with federal and provincial property legislation.
Download
Loan Forgiveness Letter
A legal document under Pakistani law that formally releases a borrower from their obligation to repay a loan, either partially or in full.
Download
Employee Termination Agreement
A legally binding agreement under Pakistani law that documents the terms and conditions of employment termination between an employer and employee.
Download
Cancellation Request Letter
A formal document used in Pakistan to request the termination of a contract or service, complying with Pakistani contract law requirements.
Download
Cancellation Of Bank Guarantee Letter
A formal request document under Pakistani banking law to terminate a bank guarantee and release the guarantor from their obligations.
Download
Letter To Cancel Tenancy Agreement
A formal notice governed by Pakistani law used to terminate a tenancy agreement, providing all legally required information for ending a lease arrangement.
Download
Cancellation Of Cheque Letter
A formal request letter to a Pakistani bank to stop payment on a specific cheque, governed by Pakistan's banking regulations.
Download
Venue Cancellation Letter
A formal notice under Pakistani law to cancel a venue booking agreement, addressing booking details, cancellation reasons, and financial settlements.
Download
Termination Letter With 30 Days Notice
A Pakistan-compliant employment termination letter providing 30 days notice, detailing termination terms and final settlement arrangements.
Download
Regret Letter For Cancellation Of Purchase Order
A formal document used in Pakistan to officially cancel a purchase order, governed by Pakistani contract and commercial law.
Download
Policy Cancel Request Letter
A formal letter used in Pakistan to request the cancellation of an insurance policy, governed by Pakistani insurance laws and SECP regulations.
Download
Office Lease Termination Letter
A formal notice document for terminating commercial office lease agreements in Pakistan, complying with local property law requirements and specifying termination terms and conditions.
Download
Order Cancellation Letter To Customer
A formal letter used in Pakistan to confirm order cancellation and process refunds, complying with local consumer protection laws.
Download
Notice To Terminate Lease Agreement
A formal notice under Pakistani law to terminate a lease agreement between landlord and tenant, outlining termination details and compliance requirements.
Download
Early Termination Of Tenancy Agreement Letter
A formal notice document used in Pakistan for early termination of a lease agreement, complying with Pakistani property laws and local rental ordinances.
Download
Early Termination Letter
A formal employment termination notice compliant with Pakistani labor laws, outlining termination terms and final settlement details.
Download
Discontinue Membership Letter
A formal letter under Pakistani law to terminate membership in an organization or association, outlining termination terms and final obligations.
Download
Cancellation Of Offer Letter By Employer
A formal letter under Pakistani law that withdraws a previously extended employment offer, ensuring legal compliance with local employment regulations.
Download
Cancellation Of Dealership Letter
A legal document under Pakistani law for terminating a dealership agreement, specifying termination terms and transition arrangements.
Download
Business Contract Cancellation Letter
A formal letter under Pakistani law to terminate an existing business contract, including termination terms and effective date.
Download
Apartment Lease Termination Letter
A formal notice document for terminating residential apartment lease agreements in Pakistan, complying with local property laws and rental regulations.
Download
Car Booking Cancellation Refund Letter
A formal refund request letter for cancelled car bookings under Pakistani law, detailing booking information and refund requirements.
Download
Ending Gym Membership Letter
A formal letter for terminating gym membership in Pakistan, compliant with Pakistani contract law and consumer protection regulations.
Download
Authorization Letter For Refund Ticket
A legally-binding document under Pakistani law that authorizes a designated person to collect a ticket refund on behalf of the original ticket holder.
Download
Commercial Lease Notice Of Termination
A formal notice under Pakistani law for terminating a commercial lease agreement, specifying termination details and compliance requirements.
Download
Real Estate Contract Termination Agreement
A Pakistani law-governed agreement for terminating real estate contracts, addressing financial settlements and mutual releases between parties.
Download
ұԾ’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; ұԾ’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
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)