Contract Termination Notice
May 2, 2050
[RECIPIENT'S NAME]
[RECIPIENT'S ADDRESS]
Dear [RECIPIENT'S NAME],
I hope this notice finds you well. It is with regret that I must inform you of our business partnership agreement, effective [termination date as per contract terms].
After careful consideration and evaluation of our business objectives, it has been determined that it is in the best interests of both parties to terminate the aforementioned agreement. This decision is not made lightly, but after thorough analysis, we believe it is the most prudent course of action.
Please be advised that all obligations and commitments outlined in the contract will be fulfilled up to the termination date. Furthermore, both parties are expected to adhere to any termination clauses and procedures as stipulated in the agreement.
We would like to express our appreciation for the collaboration and partnership we have shared during our time working together. While this partnership is coming to an end, we value the contributions and efforts made by your team.
Should you require any further clarification or assistance regarding the termination process, please do not hesitate to contact us. Read the attached contact details below.
Thank you for your understanding and cooperation in this matter.
Sincerely,
[YOUR NAME]
[YOUR COMPANY ADDRESS]
[YOUR COMPANY EMAIL]
[YOUR COMPANY NUMBER]
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