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State the big idea: You will no longer require the other party's services as of a certain termination date. Or, alternatively, if you're the one cancelling a contract, that you'll no longer provide services as of a certain date. Spell out the reasons you're terminating the contract?keep this brief and to the point.
To cancel a contract, take the following steps: Make sure you send the cancellation notice within the time allowed. Always cancel in writing. You can use the cancellation form or send a letter. Keep a copy of your cancellation notice or letter. Send your cancellation notice by certified mail, return receipt.
Dear [Name of Recipient], We regret to inform you that we are terminating a contract with you on [date]. The reason for contract termination is [reason]. If there are any outstanding obligations under the contract, we will handle them as follows: [information on how outstanding obligations will be handled].
I wrote this letter to inform you that I will be resigning from my position as (your position). This is due to the reason that (your reason). My contract will expire on (date) and I will not renew it anymore. That day will also serve as my resignation day.
Unfortunately, we have had to make the difficult decision to terminate our contact effective from [your chosen date]. Due to the recent problems and delays with your project, it's come to our attention that we're not a good fit for each other. Your requirements are outside of the scope of what we do as a company.