What to keep in mind
Review the agreed procedure, notices, cure periods, evidence, loss and dispute-resolution clause.
Not every minor delay justifies immediate termination or the same remedy.
Distinctions often confused
Termination for breach differs from expiration or termination by agreement.
Frequently asked questions
Must a demand letter be sent before terminating?
This depends on the contract and applicable legal requirements.
Can lost profits be claimed for breach?
Potentially, where available and properly proven under the relevant regime.
Informational content. It is not a substitute for professional advice.