Business Contract Termination Letter Template


A business contract termination letter template is a framed document which will allow an individual or a business organization to create such a letter. The business contract termination letter template provides a framework which can then be molded by an individual user to suit his needs. Such letters are usually formal and precise in tone. The reasons for terminating the business contract must be mentioned and the letter should be courteous and well written at the same time.

Sample Business Contract Termination Letter Template:

_________________________

_________________________

_________________________ [Provide the address of the recipient of the business contract termination letter in this space]

Date: _____________________ [dd/mm/yy] [Mention the date of composition of the business contract termination letter]

Subject: Business Contract Termination

Respected Sir[s]

This is to inform you that we have taken the decision to terminate our business contract with you. The contract was initiated on the _____________________ [dd/mm/yy] [Mention the date of the commencement of the business contract] and the number of the contract in our records is ___________ [Mention the business contract number]. We take this decision extremely regretfully owing to the following reasons:

  • __________________________________
  • __________________________________
  • ___________________________________ [Mention the reasons for ending the business contract. This section should be honest and accurate so that the letter is professional and dignified.]

Upon these recent developments, it is the best that we discontinue our professional relationship. All details of dues owed by us as well as those which are owed to us are presented in the attached document. Thanking you,

Yours sincerely,

___________________________ [Mention the name and designation of the person writing the letter. The signature should also be provided]

 

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Business Contracts

Category: Business Letter Templates

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