tiktok³ÉÈ˰æ

Contract Termination By Agreement Template for New Zealand

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Contract Termination By Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Contract Termination By Agreement

"I need a Contract Termination by Agreement to end a software development contract with our vendor, ensuring all source code is transferred to us and maintaining confidentiality provisions until January 2025."

Document background
The Contract Termination by Agreement is a crucial legal document used in New Zealand when parties wish to formally end their contractual relationship by mutual consent. This document is appropriate when both parties have agreed to terminate their existing contract before its natural expiration, or when they wish to document the terms of ending a contract that has no fixed term. It includes essential provisions required under New Zealand law, such as the termination date, settlement of outstanding obligations, mutual releases, and any surviving obligations. The agreement ensures compliance with the Contract and Commercial Law Act 2017 and other relevant New Zealand legislation, providing legal certainty and protection for all parties involved. This type of agreement is particularly useful in commercial contexts where a clean break is desired while maintaining professional relationships and mitigating the risk of future disputes.
Suggested Sections

1. Parties: Identifies all parties to the termination agreement, including their legal names and addresses

2. Background: Describes the original contract being terminated, its date, and the parties' mutual decision to terminate

3. Definitions: Defines key terms used in the termination agreement

4. Termination Date: Specifies the effective date of termination and any conditions precedent

5. Mutual Agreement to Terminate: Express statement of parties' agreement to terminate the original contract

6. Outstanding Obligations: Details any remaining payments, deliverables, or obligations to be fulfilled before or after termination

7. Mutual Release: Releases both parties from future obligations under the original contract, subject to any surviving provisions

8. Return of Property: Requirements for returning any property, documents, or materials belonging to the other party

9. Governing Law: Confirms New Zealand law governs the termination agreement

10. Execution: Signature blocks and execution requirements

Optional Sections

1. Confidentiality: Required when parties need to maintain confidentiality post-termination

2. Intellectual Property Rights: Needed when IP ownership or licenses need to be addressed post-termination

3. Surviving Provisions: Used when specific provisions from the original contract need to survive termination

4. Non-Disparagement: Include when parties wish to prevent negative statements about each other

5. Dispute Resolution: Required when parties want specific dispute resolution procedures for termination-related issues

6. Tax Provisions: Include when termination has specific tax implications that need to be addressed

7. Employee Matters: Needed when termination affects employees or contractors

8. Insurance and Indemnities: Include when ongoing insurance obligations or indemnities need to be addressed

Suggested Schedules

1. Schedule of Outstanding Payments: Details any final payments, calculations, or financial settlements

2. Asset Register: List of assets to be returned or transferred between parties

3. Completion Checklist: List of actions required to complete the termination process

4. Original Contract: Copy of the original contract being terminated

5. Release Deed: Detailed mutual release terms if complex releases are required

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions























Clauses

























Relevant Industries

Construction

Information Technology

Professional Services

Manufacturing

Retail

Real Estate

Financial Services

Healthcare

Education

Telecommunications

Energy

Transport and Logistics

Agriculture

Mining and Resources

Relevant Teams

Legal

Commercial

Finance

Operations

Procurement

Risk and Compliance

Executive Leadership

Business Development

Contract Administration

Company Secretariat

Relevant Roles

Legal Counsel

Commercial Manager

Contract Manager

Chief Executive Officer

Chief Financial Officer

Operations Manager

Project Manager

Procurement Manager

Business Development Manager

Risk Manager

Compliance Officer

General Manager

Company Secretary

Managing Director

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Termination Of Services Letter To Employee

A formal letter compliant with New Zealand employment law that officially terminates an employee's employment and outlines the termination terms and conditions.

find out more

Tenant Non Renewal Of Lease Letter

A formal notice under New Zealand law from a tenant to a landlord/property manager indicating their intention not to renew their residential lease agreement.

find out more

Notification Of Cancellation Letter

A formal notice under New Zealand law for terminating an existing contract or agreement, ensuring legal compliance and proper documentation of the cancellation.

find out more

Notice Of Termination Of Property Management Agreement

A formal notice under New Zealand law to terminate a property management agreement between property owners and management companies.

find out more

Notice Of Termination Fixed Term Contract

A formal notice under New Zealand law confirming the termination of a fixed-term employment contract, including end date and final entitlements.

find out more

Non Renewal Of Service Contract Letter

A formal notice under New Zealand law communicating the decision not to renew an existing service contract, including essential termination details and compliance requirements.

find out more

Discontinue Employment Letter

A formal New Zealand employment termination letter that documents the conclusion of employment relationship, outlining termination terms and final arrangements under NZ law.

find out more

Contract Termination Wording

New Zealand-compliant contract termination wording template for formal contract cessation, aligned with local contract law requirements.

find out more

Fixed Term Contract Letter

A New Zealand-compliant employment letter establishing a fixed-term employment relationship with specified duration and terms.

find out more

Non Renewal Lease Letter To Landlord

A formal notice under New Zealand law informing a landlord that the tenant will not renew their lease agreement upon expiration.

find out more

Formal Lease Termination Letter

A legally binding document used in New Zealand to formally terminate a lease agreement, complying with local property law requirements and statutory notice periods.

find out more

Tenancy Agreement Notice

A New Zealand legal document that establishes or modifies a residential tenancy arrangement, complying with NZ tenancy laws and regulations.

find out more

Termination Due To Non Performance

A New Zealand law-compliant document that formally terminates a contract due to non-performance, outlining breaches, consequences, and post-termination obligations.

find out more

Friendly Termination Letter

A formal letter documenting mutually agreed employment termination under New Zealand law, maintaining positive professional relationships while ensuring legal compliance.

find out more

Employee End Of Contract Letter To Employer

A formal employee contract termination letter template compliant with New Zealand employment law, used to notify employers about the conclusion of employment.

find out more

Cancel Service Letter

A formal letter for terminating service agreements in New Zealand, complying with local consumer protection laws.

find out more

Cancel Rent Agreement Letter

A formal notice used in New Zealand to terminate a rental agreement, complying with local tenancy laws and providing official notification of lease termination.

find out more

Early Termination Of Lease

A New Zealand-compliant agreement for the mutual early termination of a lease, outlining termination terms and settlement conditions.

find out more

Contractor Contract Cancellation Letter

A formal letter for terminating contractor agreements under New Zealand law, including termination terms and final arrangements.

find out more

Termination Employment Contract

A New Zealand-compliant agreement that formally terminates an employment relationship, outlining termination terms and final entitlements.

find out more

Terminate Property Management Agreement

A New Zealand-compliant agreement for terminating property management services, including handover terms and final reconciliation requirements.

find out more

End Of Tenancy Agreement Letter

A formal letter used in New Zealand to document the termination of a residential tenancy agreement and outline the process for concluding the tenancy.

find out more

Terminating A Commercial Lease Letter

A formal notice document used in New Zealand to terminate a commercial lease agreement, complying with local property law requirements.

find out more

Termination Of Temporary Employment Letter

A New Zealand-compliant letter formally ending a temporary employment arrangement, including final pay details and ongoing obligations.

find out more

Termination Of Management Agreement Letter

A formal letter compliant with New Zealand law that terminates an existing management agreement between parties, specifying termination terms and transition arrangements.

find out more

Employee End Of Service Letter

A New Zealand-compliant formal letter confirming employment termination and outlining final entitlements and obligations.

find out more

Vacating Lease Letter

A formal notice document used in New Zealand to inform landlords of a tenant's intention to end their lease and vacate a property, complying with local tenancy laws.

find out more

Independent Contractor Notice Of Termination

A formal notice document used under New Zealand law to terminate an independent contractor agreement, specifying termination details and final arrangements.

find out more

Employment Contract Termination Letter By Employee

A New Zealand-compliant employee resignation letter template for formally notifying employment contract termination, aligned with NZ employment law requirements.

find out more

Letter To Discontinue Lease

A formal notice under New Zealand law used to terminate a lease agreement, containing essential details about the termination and compliance with required notice periods.

find out more

Termination Of Rental Lease Agreement

A New Zealand-compliant legal document that formally terminates a rental lease agreement between landlord and tenant, setting out termination terms and conditions.

find out more

Apartment Cancellation Letter

A formal notice compliant with New Zealand law for terminating an apartment tenancy agreement, including termination date and final arrangements.

find out more

30 Day Notice To Terminate Contract

A formal notice document under New Zealand law providing 30-day notice of contract termination, including essential termination details and compliance with local contract law requirements.

find out more

Letter Of Revocation Of Contract

A formal legal document under New Zealand law used to terminate an existing contractual agreement, specifying the grounds for revocation and effective date.

find out more

Distribution Agreement Termination Letter

A formal notice under New Zealand law terminating a distribution agreement, specifying termination terms and post-termination obligations.

find out more

Termination For Convenience Letter

A New Zealand-compliant formal notice to terminate a contract for convenience, outlining termination terms and next steps.

find out more

Contract Termination By Agreement

A New Zealand law-governed agreement that formally documents the mutual termination of an existing contract between parties.

find out more

Rental Termination Agreement

A New Zealand-compliant agreement documenting the mutual termination of a residential tenancy between landlord and tenant, including termination terms and settlement details.

find out more

Distribution Cancellation Letter

A formal notice under New Zealand law to terminate a distribution agreement, outlining termination terms and post-termination obligations.

find out more

Employment Contract Termination Notice

A formal notice document under New Zealand law that officially terminates an employment relationship, specifying termination terms and conditions.

find out more

Termination Of Employment Letter To Employer

A formal resignation letter from employee to employer, compliant with New Zealand employment law requirements.

find out more

Lease Agreement Cancellation Letter

A formal notice used in New Zealand to terminate a lease agreement, complying with local tenancy laws and specifying termination details and next steps.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.