Updated July 21, 2023
A contract termination letter, also known as a “notice of contract termination,” is used by one party of a business arrangement to formally terminate an existing agreement. Commonly used by businesses that procure services on a contract basis, this letter informs the other party that their business partnership will no longer continue. Reasons for the termination may vary widely, from breach of contract to misrepresentation or poor performance.
Sample Contract Termination Letter
Joe Small
Hydralisk Inc.
8888 Cannon St.
Los Angeles, CA 90008
August 17, 2022
Ken Jones
Protoss Services
123 Python Ln.
Los Angeles, CA 90021
Dear Mr. Jones,
This letter is to inform you that Hydralisk Inc. will be terminating its contract with your company Protoss Services as of September 1, 2022. This notice is compliant with contract terms that require at least one week’s notice prior to termination initiated by either party.
We are terminating this contract due to your company’s breach of agreed-upon terms as outlined in the contract. During the course of our partnership, which began on May 1, 2022, your team repeatedly failed to deliver the requested products by the deadlines set in our agreement. In addition, the delivered products did not meet our expectations as outlined in the contract.
All outstanding orders should be completed before September 1. After this date, we will no longer require your services. Please be sure to send all outstanding invoices by the end of this month.
Please verify that you have received this letter and will proceed with closing our account by September 1.
Sincerely,
Joe Small
Account Manager
Hydralisk Inc.