Business Contract Termination Letter
Business Contract Termination Letter
May 2, 2050
[RECIPIENT’S NAME]
[RECIPIENT’S ADDRESS]
Dear [RECIPIENT’S NAME],
I hope this letter finds you well. I am writing on behalf of [YOUR COMPANY NAME] to officially notify you that we are terminating the business contract that we had entered into on [DATE OF CONTRACT], effective 30 days after receipt of this letter. We have taken this decision due to changes in our business strategy, and it is no reflection of the outstanding services that your company has provided us.
Should our strategic direction align once again in the future, we would be more than pleased to reconsider our partnership. We ask you to cease any ongoing work related to our contract promptly. Kindly provide us with a final invoice for any completed works before the termination date.
We thank you for the excellent collaborations in the past, and we hope that we can maintain an amicable professional connection moving forward. If you need any clarification or have any questions related to this termination, please feel free to contact us. Thank you for your understanding.
Sincerely,
[YOUR NAME]
[YOUR TITLE]
