Editable Partnership Termination Letter
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Download this easy to edit and printable template for free. This allows you to write a formal letter informing an organization or company of the termination of your business partnership.
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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