Vendor Service Termination Letter Template

Vendor Service Termination Letter Template

Dear [Receiver's Name],

I am writing to inform you that [Your Company Name] has made the decision to terminate our ongoing contract with [Vendor Company Name]. This decision has been reached after careful evaluation and consideration of the services provided by your company.

Effective [Termination Date], we will no longer require your services as per the terms of our agreement outlined in the contract signed on [Contract Date]. Due to unforeseen circumstances, we have determined that it is in the best interest of our company to terminate the vendor services at this time.

Please be advised that this termination is in accordance with the terms and conditions specified in our contract, which allows either party to terminate the agreement with [notice period – if applicable] notice. We appreciate the services that [Vendor Company Name] has provided thus far and understand that this decision may come as a surprise.

As stated in the contract, we kindly request that you complete all outstanding tasks and ensure a smooth transition of any ongoing projects or responsibilities to our new vendor, [New Vendor Company Name]. It is our expectation that all outstanding invoices or payments will be settled by the termination date mentioned.

This decision is final, and we do not anticipate any reconsideration. We would like to express our gratitude for your cooperation and support throughout our business relationship. We wish you well in your future endeavors.

Please sign and return a copy of this termination letter to acknowledge your receipt and understanding of this notification.

Thank you.

Sincerely,

[Your Name]

[Your Company Name]

Download Vendor Service Termination Letter Template

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