Contract Cancellation Letter
[Your Company Name]
[Your Company Address]
June 4, 2050
Alex Rivera
Delta Manufacturing Co.
456 Industrial Blvd.
New City, NY, 10956
Dear Mr. Rivera,
I am writing to formally notify you that we wish to cancel our existing contract with Delta Manufacturing Co. This decision has not been made lightly, but due to various reasons, we find it necessary to terminate the agreement ahead of the anticipated completion date.
The conditions stated in the initial contract, specifically clause 7B, allow us the discretion to cancel the contract should certain circumstances arise. Unfortunately, such situations have occurred, prompting us to make this decision. This, coupled with discrepancies in performance and consistent delays, has significantly impacted the progress of our work. This has left us no other alternative but to cancel the contract, effective immediately.
We are currently in the process of calculating any expenses that may be due to Delta Manufacturing Co. as per the terms of our contract. Once we verify and resolve these figures, we will notify you of any remaining balance.
To help facilitate this process, we kindly request that you provide us with all pertinent financial documents related to our contract within the next ten days. Please send these to our address as listed above.
Thank you for your immediate attention to this matter.
Sincerely,
[YOUR NAME]
[Your Company Name]
Alex Rivera
Delta Manufacturing Co.
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