Partnership Layout Contract Termination Letter
[Your Name]
[Your Company Name]
[Your Company Email]
October 24, 2057
Charlotte Whitmore
456 Oak Avenue
Springfield, IL 62701
Dear Ms. Whitmore,
I hope this letter finds you well. I am writing to formally notify you of my intention to terminate our partnership agreement dated January 15, 2055. As per the terms outlined in our contract, I am providing you with 30 days' notice of termination.
The decision to terminate our partnership has not been made lightly, and I appreciate the efforts and contributions you have made during our time working together. However, due to a change in business direction, I believe this is the best course of action for both parties.
Please let me know how you would like to handle the final accounting and the return of any shared property or assets. I am committed to ensuring a smooth transition during this process. Thank you for your understanding. I wish you all the best in your future endeavors.
Sincerely,
[Your Name]
Co-Founder, Smith & Johnson Enterprises
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