CONTRACT TERMINATION NOTICE
[Your Name]
[Your Company Address]
[Your Company Email]
[Your Company Number]
[Month Day, Year]
[Recipient Name]
[Recipient Address]
Subject: Contract Termination Notice
Dear [Recipient Name],
I am writing to formally terminate our marketing services contract, which was entered into on [Month Day, Year]. This letter serves as the required notice, as stipulated in the contract, and our termination will be effective on [Month Day, Year]. This decision is not made lightly and follows careful consideration of our business needs and goals.
As outlined in Section 5 of our agreement, both parties have the right to terminate this contract with sufficient notice and for valid reasons. After a thorough evaluation of our marketing strategies, we have decided to shift our marketing efforts in a different direction. Consequently, we believe it is in the best interest of both parties to terminate our contractual relationship.
Our decision to terminate the contract is not a reflection of the quality of your agency's services. We have appreciated the hard work, dedication, and creativity that your team has consistently demonstrated throughout our partnership. The results achieved during our collaboration have been commendable, and we want to acknowledge your agency's contributions to our marketing campaigns.
To ensure a smooth transition, we kindly request that you provide us with all relevant files, documents, and materials related to our marketing campaigns. This includes but is not limited to:
Marketing strategies and plans
Creative assets, such as graphics and videos
Social media content and schedules
Advertising campaign data and analytics
Any proprietary tools or software used for our campaigns
We expect all materials to be delivered to us no later than July 26, 2056, giving us adequate time to transition our marketing activities seamlessly.
In compliance with the financial terms specified in our contract, we will settle all outstanding invoices for services rendered up to and including the Termination Date. We request that you provide us with a final invoice reflecting any outstanding charges promptly. Please ensure that any automatic billing or recurring payments are canceled effective immediately.
Furthermore, we would like to discuss the return of any intellectual property, passwords, or confidential information related to our marketing campaigns. We value the privacy and security of our data, and we expect your agency to adhere to best practices in safeguarding our information during and after the termination process.
We understand that this termination may have contractual and operational implications for your agency, and we appreciate your cooperation in making this transition as smooth as possible.
Please consider this letter as our official notice of contract termination. We are open to scheduling a meeting to discuss any outstanding matters or to address any questions you may have regarding this termination.
We would like to take this opportunity to express our gratitude for the support and dedication your agency has provided during our partnership. We wish you continued success in your future endeavors.
Sincerely,
[Your Name]
HR Manager
HR Templates @ Template.Net
