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While Employment Agreements concern hiring persons to suitable long-term positions within the company, Consultancy Agreements particularly deal with services of an independent person to fulfil periodic or temporary requirements of the company. Employment Agreements are used to hire employees.
Consultancy agreements normally state that the company can terminate the consultancy agreement by giving notice to the consultant in writing. This letter can be used to satisfy this requirement.
A typical exclusivity provision might provide something like the following: At all times while providing services under this agreement and for a period of 12 months thereafter, Agency shall not perform services for businesses that compete with Client.
Letter for Termination in Consultancy Agreement Dear Sir/Madam This letter is to bring to your notice that the contract made between our company ____________ and your consultancy services __________ that was made on __________ will be terminated.
Recognize any contributions that have helped your team clarify future direction. Provide a brief summary of the strategic direction and explain how their services may not be aligned at this time. Offer references for their scope of work completed. Confirm the termination in writing or mode of agreed correspondence.
Use these steps to write a contract-ending letter: Review termination clauses. ... Address the appropriate individual. ... State your purpose for writing. ... Discuss outstanding concerns. ... Close your letter respectfully. ... Ensure receipt of the letter. ... Give ample notice. ... Preserve future partnerships.
How might an appointment be terminated? by performance?ie the contractual obligations being fully performed by the employer and consultant. the parties reaching an agreement to release each other from their obligations. as a result of a misrepresentation/fraud (see Practice Note: Misrepresentation?rescission as a remedy)
Insofar as the consultant's right to terminate the agreement, Part 10 of the ACEC 31 provides that if, within 30 days of being put on written notice of a default, the client has not corrected, or taken steps towards correcting, the default, the consultant may terminate the agreement.