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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].
To soften the blow, start with a heartfelt appreciation for what they have done for you. So you could say something like, ?We are grateful for the great work you've been doing for us. Unfortunately, due to a change in circumstances, we will not be needing these services anymore.
If there is no delivery or start date then they can be cancelled if the goods or services are not delivered within 30 days of when the contract was entered into. In the case of direct sale contracts consumers have up to a year from signing the contract to cancel because they did not receive the goods or services.
Dear [Client], We regret to inform you that we will no longer be needing your services effective by [Date]. We've decided to terminate our partnership with [Name of client/company] due to [reasons]. Our time together has been valuable, but now it's best we grow independently.
Those seven elements are: Identification (Defining all the parties involved) Offer (The agreement) Acceptance (Agreement mirrored by other parties) Mutual consent (Signatory consent of all parties) Consideration (The value exchanged for the offer) Capacity (Legal/mental competence of all parties)