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We inform you that we will no longer require the services of name of company, as of date. With this notification, we comply with the minimum notice period required by our agreement. Your company has provided us with good service in the past, however, we decided to terminate our business contract due to reasons.
If you're ready to terminate your service agreement, you should be sure to do so in writing. You can either send an email to your service provider or compose a termination letter on business stationery. You should sign this notification using both your official title and the name of your company.
How to write a contract termination letterStart with today's date, company and employee information.Greet the employee.Include a subject line.Inform them about the decision.State the reason(s) for termination.Explain their final compensation and benefits.Remind them of signed agreements and returning company property.More items...?
Content and ToneKeep it simple, straightforward and to the point.State clearly that you are canceling your contract and include a simple reason why.If you owe any money on the account, request a final bill or enclose the payment.
Writing Tips for Cancellation LettersKeep it simple, straightforward and to the point.State clearly that you are canceling your contract and include a simple reason why.If you owe any money on the account, request a final bill or enclose the payment.
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, This letter is to inform you that as of date, we will no longer require your services. We've enjoyed working with name of company but due to reasons, we have decided to terminate our contract. All outstanding deliverables should be completed before our contract is officially terminated.
Just like a formal letter, your contract termination email should deliver a closed message with no open-ended or confusing statements that could invite legal backlash. Even though the process may seem simple, make sure your legal team (if you have one) gets a chance to review your message before you click send.