A Termination of Agreement is a formal document used to end a contract between two parties, often between buyers and sellers of goods or services. It is typically issued when one party is dissatisfied with the performance, terms, or quality outlined in the original agreement. While most commonly used in business contexts, it can also apply to other types of contracts. This document serves as official notice that the terms of the original contract will no longer be in effect.
We provide a Termination of Agreement format that can be used by one party to formally end a contract for specific reasons. The document can be drafted on plain paper or on the company’s letterhead, addressed to the other party, and must be duly signed and authorized by the concerned representative or owner.
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