A legal separation contract is an official document drafted when both the parties involved in a personal or professional relationship decide to end their relationship under the legal guidance. The parties can be two individuals or two organizations or even an individual and an organization. There are terms and conditions decided in the contract to which both the parties need to adhere to.

Sample Legal Separation Contract

This legal separation contract has been made on 25th March 2011 between the following parties:

Mr. Robert De Nero, CEO, Standard Limited with office located at:

41 Bradley Street,

Texas, Los Angeles 4125

AND

Mr. Chris Cooper, Managing Director, Standard Limited with office located at:

41 Bradley Street,

Texas, Los Angeles 4125

Both the parties have decided to legally separate from the joint venture company formed by both of them together:

The parties have to adhere to the following terms:

(a)The parties will separate legally from each other on the contract registration date.

(b)Neither of the parties will have any hold in the company.

(c) If there are any losses in the business, both the parties should agree to share the losses on the basis of their percentage hold in the company.

(d) If there are any profits in the business, both the parties should agree to share the profits on the basis of their percentage hold in the company.

(e) Neither of the parties will receive any benefit from the company.

(f) If either of the parties has any due towards the company they have to clear off the dues.

Signature of CEO of Standard Limited:                     Signature of MD of Standard Limited

Robert De Nero                                                                      Chris Cooper

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