An early lease termination agreement (sometimes referred to as a surrender and acceptance agreement) used to memorialize the terms of the landlord's and the tenant's agreement to terminate a leasehold interest in commercial real property in New York before the end of the lease term when the lease does not include an express termination right. This Standard Document does not favor one party over the other but has integrated notes with important explanations and drafting and negotiating tips for both landlords and tenants.