Contract Termination Letter

Contract termination means to end or cancel the ongoing contract between two parties for some reason. The cancellation may be for multiple reasons like if one of the parties is unhappy with the coordination of the other party or if the need has already been fulfilled. This termination requires a professional letter to be written from the party who wills to terminate the contract to the other party. This context contains some sample termination contracts and some more information. So please keep reading.

How do you terminate a contract? 

A contract can be terminated for multiple reasons, like if one party is unhappy with the performance of the other party or if some party did some cheats. A contract termination is always followed by a professionally written letter. Below are attached some worthy guidelines to follow when writing a letter for the cancellation of a contract:

1. Choosing a professional-looking letter template is always appreciated. Choose a template that contains clear and visible sectioning of a letter.
2. Write the initial terms, such as the address and name of the recipient to who you intend to send this letter. 
3. Inform the recipient about the ongoing contract. 
4. Notify the recipient that you want to terminate the contract.
5. Write the reason for contract termination.
6. Tell the date of termination you expect. 
7. Write down the benefits of the other party at the termination of the contract.
8. Do not write harshly.
9. Wish them a stroke of good luck in the upcoming business dealings.

These are some policies that can be adopted in writing a letter of contract termination. If you follow these guidelines properly then we are sure that you can turn out a great and effective termination letter.

Sample Contract termination letter

We are providing you a sample letter for the termination of the contract. Have a look at this letter, and if you like it them simply download it for free from our website and use it after a few edits. 

Dear Sir/Madam {{Name}},

Firstly, I would like to thank you very much for the mineral water services that you have been providing at our office. You never disappointed us, so we never had to complain about anything. 

Since our annual contract is ending this {{month}} I want to inform you that we will not be continuing the contract this time. 

The reason for the cancellation of the contract is that we have installed {{product}} at our office, and we will no longer need to order {{substitute products}} from outside therefore, canceling the contract for {{product}} services.

The bill for the {{month}} services will be paid on the 15th as always.

Once again thank you very much for your excellent services that you have provided in all these years.

Yours sincerely,

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