Partnership Termination Letter
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Do you intend to terminate a business partnership? Handle it in a professional manner with our premium and ready-made Partnership Termination Letter template. When terminating an agreement, it is best to have it in a written document to avoid unnecessary lawsuits. By using this well-written template, you’ll be able to end the partnership on amicable terms. Make this as your company’s own when you replace the highlighted words with your company’s details. Also, this template is not just limited to desktop computers because you can also edit and download it onto your various mobile devices. What are you waiting for? Get our Partnership Termination Letter now!
PARTNERSHIP TERMINATION LETTER
Dear [RECIPIENT NAME],
I am writing this letter to inform you that we shall need to discuss the impending termination of our business partnership under the name [COMPANY NAME]. While we both enjoyed this partnership in terms of growth and profit, I feel that it is time to manage separate businesses, as we previously discussed.
We can proceed to terminate our partnership as previously defined by our first agreement. Attached is a copy to go over regarding the terms and conditions regarding the termination and liquidation of company assets, capital, among others. I have already requested our lawyers and advisors to draw up the necessary papers to move forward with the termination of our business partnership.
Please review the said agreement before our scheduled meeting on [DATE 1] and discuss the terms of the dissolution of our partnership further, before we sign the legal documents that will serve as proof finalizing our decision.
I wish you all the best in the future, and I hope success will find its way to you.
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