Termination of contract

Dear {Recipient},

This letter is to inform you that {name of company or individual} is terminating the {contract type} contract entered into on {date}, with regard to {purpose of the contract, such as employment, a purchase, a service agreement, etc.}.

The contract is being terminated according to the stipulations provided in the original agreement. {Name of company, individual} has decided to terminate the contract due to the following reasons:

{list of specific reasons the contract is being terminated}

{If either party owes the other any money, indicate that here, along with how the money can be paid, and when it needs to be paid}

{If the recipient has any materials or equipment that need to be returned to the sender, indicate that here}

Please sign below and return this letter to {name of company/individual} via {fax, email, courier, etc.} to indicate your acknowledgement of this termination.

Thank you for your time.

Sincerely,

{Sender Name}

Signed:

___________________________                      

{Recipient Name}                                      

___________________________          

{Recipient Signature}