Termination of Independent Contractor Agreement Template

NOTICE OF TERMINATION OF INDEPENDENT CONTRACTOR AGREEMENT

THIS NOTICE OF TERMINATION (the "Notice") is issued on this ______ day of __________________, 20____ (the "Effective Date of Notice"), by and between:

THE COMPANY: ________________________________________________ (the "Company"), with its principal place of business located at: ________________________________________________ ________________________________________________

THE CONTRACTOR: ________________________________________________ (the "Contractor"), residing at/with a principal place of business at: ________________________________________________ ________________________________________________

1. REFERENCE TO AGREEMENT

This Notice pertains to the Independent Contractor Agreement originally entered into by the Parties on __________________, 20____ (the "Agreement").

2. TERMINATION

In accordance with the provisions set forth in Section ______ of the Agreement, the Company/Contractor hereby provides formal notice of termination of the Agreement.

Select one: [ ] The termination is for cause, based on the following reason(s): ____________________________________________________________________________________________________________________________________________________________________________________ [ ] The termination is for convenience, without cause, as permitted under the terms of the Agreement.

3. EFFECTIVE DATE OF TERMINATION

The Agreement shall officially terminate on __________________, 20____ (the "Termination Date"). All obligations, rights, and duties under the Agreement shall cease on this date, except for those provisions intended to survive termination, including but not limited to confidentiality, non-solicitation, and indemnification obligations.

4. FINAL PAYMENT AND SETTLEMENT

The Company shall pay the Contractor for all services rendered up to and including the Termination Date, in accordance with the payment terms specified in the Agreement. The final invoice for services rendered shall be submitted to the Company no later than __________________, 20____.

Payment shall be remitted to the following address/account: ________________________________________________

5. RETURN OF COMPANY PROPERTY

The Contractor agrees to return all Company property, including but not limited to equipment, documents, electronic files, access cards, and proprietary information, in their possession or control by no later than __________________, 20____.

6. CONTINUING OBLIGATIONS

The Parties acknowledge that certain terms of the Agreement, specifically those pertaining to Confidentiality, Intellectual Property Rights, and Non-Disclosure, shall survive the termination of this Agreement and remain in full force and effect in accordance with the terms of the Agreement.

7. GOVERNING LAW

This Notice shall be governed by and construed in accordance with the laws of the State/Province of __________________.

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IN WITNESS WHEREOF, the parties hereto have executed this Notice as of the date first above written.

COMPANY:

Signature: __________________________________

Name: ______________________________________

Title: ______________________________________

Date: ______________________________________

CONTRACTOR:

Signature: __________________________________

Name: ______________________________________

Date: ______________________________________