Contract Termination Letter, Sample & Format

A Contract Termination letter is given to inform the recipient of the sender’s intention to stop or terminate the contract of collaboration in business. The letter offers the reason(s) for the decision. The letter is formal and courteous to keep a professional attitude towards the situation so as to allow possible future re-collaboration.

From:

Johnny Mohawk

Manager

Albert Hardware Stores

4105 Marigold Lane
Miami, FL 33169

September 13, 2010

To:

Tools & Stuff Industry

2747 Whaley Lane
Milwaukee, WI 53202

To Whom It May Concern

RE: Notification of Contract Termination

Hereby with this letter, 2 weeks’ notice is given by Albert Hardware Stores of its intention to terminate the contract between Albert Hardware Stores and Tools & Stuff Industry, when the contract expires at the end of the month as per contract terms.

On behalf of Albert Hardware Stores, I would like to take this opportunity to thank Tools & Stuff Industry for the good collaboration between our companies in the past. We regret that we are unable to renew the contract of collaboration for this coming year due to our revised budget.

Thank you for your kind understanding. We look forward to a renewed collaboration when the conditions permit. We wish you the best in your future undertakings.

Respectfully yours,

Johnny Mohawk

Manager

Albert Hardware Stores