Contract Termination Letter with Company
[Below briefly describe on Sample Contract Termination Letter with Company. An agreement enforced by the court of law is known as a Contract. Contract termination, on the other hand, means ending a contractual agreement, or bringing a contract to an end, due to a specific reason, which could be the completion of the period agreed on, or a mutual decision. The letter is written to end the contract. Customize the content according to the information you want to convey.]
Date: DD/MM/YY (date of writing the letter)
Job designation and Department name…
Subject: Contract termination
This letter is to inform you that we have decided to terminate the business contract with your company. (Describe in your words). The reasons for this are the delay in the delivery of supplies by your company, which has had a negative impact on our business. (Describe actual cause and situation). Moreover, in the last few months, the materials provided by your company have not met our production standards. (Explain all about the situation). We do not wish to continue this relationship.
The date of the termination is (Date). All accounts will be paid for in this period, and you are requested to clear your dues in time. (Describe your recommendation and requirements). Thank you for your services, and we wish you the best in the future.
Name and signature…
Another Format, [Email Format]
To: Receiver mail address, email@example.com
From: Sender mail address, firstname.lastname@example.org
SUB: Contract Termination Letter.
Ref: Business Contract dated (DD/MM/YY)
This letter is to inform you that despite our constant complaints about the sub-standard surgical equipment (Instrument type) received from your company, there has been no action taken by your company to improve the quality of supplies. (Describe actual cause and situation). Therefore, we have decided to terminate our Business Contract mentioned in “Ref.” (Explain all about the situation in your words).
The termination is applicable from (DD/MM/YY).
Please have your outstanding bills, if any, settled with us by (Date: DD/MM/YY). (Describe your recommendation and requirements).