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We recognize that we have had a relationship with [Contractor. Company] for (length of time). We hope you understand our current situation and the factors that have led to this decision. We appreciate the work that you have performed for us during the period of our Agreement and we wish to part on good terms.
The best way to end a contract early is to speak with the party you're in contract with. Simple negotiation is often all it takes to reach a favorable resolution. If they don't agree to ending the contract early, consider getting a lawyer to help you determine your next best step.
A Sample Contract Termination Letter Pursuant to Section 9.4 of the Contract, we regret to inform you of our intention to terminate the contract in line with the terms and conditions set forth. We will remit all payments and obligations due under the contract.
Prepare a written notice that clearly states your intention to terminate the contract and specifies the contract's end date. Include relevant details such as the contract reference or identification number, parties involved, and any specific clauses or provisions related to termination.
We kindly ask that you initiate the necessary actions to terminate any ongoing commitments or services as per the terms outlined in our contract. Furthermore, we appreciate your cooperation in settling any outstanding financial matters, including invoices or pending payments.