Contract Termination

Both the provider and the consumer have the option of terminating an existing contract. To initiate a termination, simply click on an existing contract in the Contracts area, regardless of whether it is Providing or Consuming, and the red button at the bottom left Terminate of the Contract detail view in the tab Contract Agreement. Please be sure that you want to terminate the contract, because this process is irreversible and a new contract would have to be negotiated if a contract was terminated by mistake.

As soon as the Terminate button is clicked, a new dialog appears as a pop-up in which a Detailed Reason for termination must be specified. In addition, a checkbox must be ticked to confirm that you are aware of the consequences of terminating the contract I understand the consequences of terminating a contract. At this point, the contract has not yet been terminated, only when all the required fields have been filled in and then Terminate button has been clicked in this dialog pop-up at the bottom right of this dialog, the terminate-process will be triggered inevitably.

If a contract has been terminated, regardless of from which side, each side can see this very clearly in the Contracts area by the status icon, which is then crossed out in red. There is also a separate sub-area in the Contracts area via the Terminated tab, which only lists terminated contracts.

By clicking on a terminated contract in the Contracts area, you can also see what the other side has entered in the termination details area, i.e. why the contract was terminated and by whom. In addition, a timestamp is provided when the contract was terminated.