General Conveyance Agreement Wind-Up

{{company_name}}

{{company_address}}

Phone: {{phone}} | Email: {{email}} | Web: {{website}}

General Conveyance Agreement Wind-Up

General Conveyance Agreement Wind-Up

{{company_name}}

{{company_address}}

Tel: {{phone}}

Email: {{email}}

Website: {{website}}

GENERAL CONVEYANCE AGREEMENT WIND-UP

This General Conveyance Agreement Wind-Up (hereinafter referred to as the “Agreement”) is made and entered into on this {{day}} day of {{month}}, {{year}}, by and between:

**{{party_one_name}}** (hereinafter referred to as “Party A”), with its principal place of business at {{party_one_address}}, and

**{{party_two_name}}** (hereinafter referred to as “Party B”), with its principal place of business at {{party_two_address}}.

Party A and Party B are hereinafter collectively referred to as “the Parties” and individually as “Party”.

RECITALS

WHEREAS, the Parties previously entered into a General Conveyance Agreement dated {{original_agreement_date}} (the “Original Agreement”), concerning the conveyance of {{description_of_conveyed_assets}}.

WHEREAS, the Parties now desire to wind up the Original Agreement and terminate all rights and obligations arising thereunder, subject to the terms and conditions set forth herein.

TERMINATION OF ORIGINAL AGREEMENT

Effective as of {{termination_effective_date}} (the “Effective Date”), the Original Agreement is hereby terminated, and all rights, duties, and obligations of the Parties thereunder are hereby concluded, save for those obligations specifically stated to survive termination in this Agreement.

SETTLEMENT OF OUTSTANDING OBLIGATIONS

The Parties agree to the following settlement of all outstanding obligations, financial or otherwise, arising from the Original Agreement:

**4.1 Financial Settlement:** Party {{paying_party}} shall pay to Party {{receiving_party}} the sum of {{currency}} {{settlement_amount}} ({{settlement_amount_words}}) on or before {{payment_due_date}}. This payment constitutes full and final settlement of all financial claims between the Parties related to the Original Agreement.

**4.2 Return/Transfer of Assets:**

**4.2.1.** Party {{returning_party}} shall return to Party {{receiving_party_for_assets}} the assets described as {{description_of_assets_to_be_returned}} on or before {{asset_return_date}}. The condition of the assets upon return shall be {{asset_condition_upon_return}}.

**4.2.2.** All necessary documentation for the formal transfer of ownership or re-vesting of title, including but not limited to {{list_of_transfer_documents}}, shall be executed by both Parties on or before {{document_execution_date}}.

RELEASE AND DISCHARGE

Effective from the Effective Date, each Party, on behalf of itself and its respective officers, directors, employees, agents, successors, and assigns, hereby releases and forever discharges the other Party and its respective officers, directors, employees, agents, successors, and assigns from any and all claims, demands, actions, causes of action, suits, obligations, liabilities, damages, losses, and expenses of whatever kind or nature, known or unknown, accrued or unaccrued, suspected or unsuspected, arising out of or relating to the Original Agreement, except for obligations expressly surviving termination as provided in this Agreement.

CONFIDENTIALITY

The Parties agree that the terms of this Agreement and any confidential information exchanged during the course of the Original Agreement and its wind-up shall remain confidential and shall not be disclosed to any third party without the prior written consent of the other Party, except as required by law.

GOVERNING LAW AND JURISDICTION

This Agreement shall be governed by and construed in accordance with the laws of {{country_of_jurisdiction}}.

Any dispute arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts of {{city_of_jurisdiction}}, {{country_of_jurisdiction}}.

ENTIRE AGREEMENT

This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior discussions, negotiations, and agreements, whether oral or written, relating thereto.

SIGNATURES

IN WITNESS WHEREOF, the Parties have executed this General Conveyance Agreement Wind-Up on the date first above written.

**FOR PARTY A:**

___________________________

Name: {{party_a_signatory_name}}

Title: {{party_a_signatory_title}}

Date: {{party_a_signature_date}}

**FOR PARTY B:**

___________________________

Name: {{party_b_signatory_name}}

Title: {{party_b_signatory_title}}

Date: {{party_b_signature_date}}