Business Contract Termination Letter

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BUSINESS CONTRACT TERMINATION LETTER

[DATE]

Dear [RECIPIENT NAME],

On behalf of [COMPANY NAME], I am sending this letter to officially inform you that we will be terminating the contract executed between [COMPANY NAME] and [COMPANY NAME 1] dated [DATE 1]. The termination shall be effective immediately on account of your failure to cure the material breach as specified in our notice of breach dated [DATE 2].

We have decided to terminate the contract prior to the expiration of the contract term due to your failure to provide us with the specified quality of [PRODUCT/SERVICES] as expressly indicated in the contract. As granted by the termination clause of the said contract, we have a right to unilaterally terminate the same prior to the expiration of its term, upon finding of a material breach which remains uncured for a period of [NUMBER] days from receipt of notice of breach.

Thank you for your attention to this matter. Please feel free to contact me if you have any questions or concerns.

Regards,

[YOUR SIGNATURE]

[YOUR NAME]