Free Mutual Simple Agreement Termination Letter Template
Mutual Simple Agreement Termination Letter
[Your Name]
[Your Company Name]
[Your Company Email]
April 12, 2060
Sarah Johnson
BlueWave Innovations
78 Ocean Drive
San Diego, CA 92103
Subject: Mutual Termination of Service Agreement
Dear Ms. Sarah Johnson,
This letter confirms the mutual agreement between [Your Company Name] and BlueWave Innovations to terminate the Service Agreement for Renewable Energy Consulting, dated January 15, 2058.
Both parties have agreed that the termination will be effective as of June 30, 2060. We acknowledge that all obligations, rights, and responsibilities under the agreement will cease as of this date unless otherwise stated below:
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Final Obligations:
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[Your Company Name] will provide the final project report to BlueWave Innovations by May 31, 2060.
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BlueWave Innovations will settle the remaining payment of $25,000 by June 15, 2060.
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Settlement of Terms: Both parties agree to waive any further claims related to the agreement and confirm that all prior deliverables have been completed to satisfaction.
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Return of Property: BlueWave Innovations will return all proprietary software and equipment provided by [Your Company Name] by June 20, 2060.
Both parties agree that the termination of this agreement is conducted amicably, and no further claims or liabilities related to this agreement will be pursued unless explicitly stated in this letter.
Please indicate your acceptance of this termination by signing below. Retain a copy for your records.
We appreciate the collaboration during the term of our agreement and wish you success in your future endeavors. Should you have any questions, feel free to message me directly at [Your Email].
Sincerely,
[Your Name]
CEO
[Your Company Name]
Accepted and Agreed:
Sarah Johnson
Director of Operations,
BlueWave Innovations
Signature
[Your Name]
CEO,
[Your Company Name]
Signature
