Letter of Termination of the Business Agreement

Letter of Termination of the Business Agreement

[Here briefly focus on Sample Letter of Termination of the Business Agreement. Official letters are very popular now a day. Termination letters are of many types. Business agreement letters are handy. These letters are used to end the business agreement and to inform the receiver that the contract between the two companies is terminated. You can modify these sample as your requirement.]

From,

Sender/Your name…

Job Designation…

Company/Organization name…

Date: DD/MM/YY (letter writer wrote the letter on this very day)

To,

Receiver/Your name…

Job Designation…

Institute/Organization name…

Subject: Letter of termination of the business agreement

Respected Sir,

It is on my part on behalf of our company to inform you that our contract (name of contract and other conditions), (starting date) has been terminated. (Describe in your words). This thing happened due to the fraud of your company. (Describe actual problem and situation). The products were not up to the mark. (write about how it affected you). The decision was taken collectively by all the members of our board of directors. (Explain official decision regarding this problem).

The products are sent back to your company. The payments could not be sent; this is due to the ongoing inquiry. (Cordially describe your greetings and recommendation). I hope this glitch will be totally exposed. As the inquiry completes the payments will be cleared. Thanking you.

Yours faithfully,

Name and Signature…

 

Another Format, [Email Format]

To: Receiver mail address, name.plm@email.com

From: Sender mail address, name.okn@email.com

Subject: Letter of termination of the business agreement

Respected (Name),

This is a formal message to inform you that the contract with our company will be terminated on (Date: DD/MM/YY). According to the terms and conditions on the contract is any party cannot deliver the results the other party has the right to terminate the contract. (Describe in your words).

As mentioned in the contract, your company was supposed to deliver the products on or before (date). But even after a week, we didn’t receive our product. (Describe actual problem and situation). We are very much disappointed. This delay caused us a huge financial loss, and we are on the verge of losing our clients. (Explain official decision regarding this problem).

This is the reason we want to terminate our agreement. For payment or any other details or query contact us at (Contact Info. or email) us on – name.123@email.com. (Cordially describe your greetings and recommendation). Below is the copy of termination, please sign it and send it to the address mentioned above.

Yours sincerely,

Name…

Job Designation…