The purpose of the Contract Termination Agreement is essentially to protect you from being sued when a coach-client relationship goes bad.
It also protects you from a client naming and shaming you on social media. Protects your privacy. Prevents a client from holding you responsible for damages, costs or expenses. And limits your liability.
You use the Contract Termination Agreement any time a coach-client relationship has gone bad and you’ve mutually agreed to terminate your previous agreement. In the new agreement, you’ll document any verbal allegations or breaches to the original contract, you’ll state if you’re offering a refund or not, and you’ll both agree not to sue each other.
Need a hand getting your Contract Termination Agreement written in a way that’s legally binding?
Let us help! Grab your Contract Termination Agreement template and get an annotated version complete with a video tutorial to walk you through each of the sections here.