Letter Samples about Ending Contract

1.

Re. Contract Termination Letter

Dear [NAME], I am [NAME], the [POSITION] from the [COMPANY]. Through this letter, I am penning to tell you that the company does not require your services anymore. Officially, it means to say that the company wants to end its contract with you due to certain reasons. After the termination of the contract, all the invoices shall be shared and any of the outstanding amounts will be cleared from both sides through explicit means.

The letter refers to contract no. [x] which was agreed between both of the parties on [DATE]. The contract was to provide all the metallic materials including raw and manufactured material for the construction from [DATE] to [DATE]. The contract was brought into consideration by the mutual consent of the parties, and it was officially approved for both companies.

However, the company does not see any future potential to provide the construction material to your company after [DATE]. Therefore, it is to inform you that the company would not be able to take the overburdening potentials. The company shall provide all the outstanding material till [DATE]. To avoid the breach of contract on legal grounds, we have taken approval from the court. Hence, giving you ample time to find another vendor for the purpose, shall not affect the ongoing projects of construction by your company.

The Senior Accountant of the company has been given the deadline to evaluate the calculations for any outstanding amount. We assure you of the release of the outstanding amount before [DATE]. We apologize for the inconvenience which has been caused by unavoidable circumstances like sudden reduction and the downfall of the newly installed machinery.

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Please refer to our Project Management Team (PMT) if you have any queries. You can put your queries to [EMAIL ADDRESS] or call at [PHONE]. We thank you for your constant support and long-standing collaboration. Please accept our humble commendations for your team. Thank you.

Regards

Letter about ending contract

File: Word (.docx) 2007+ and iPad
Size 15 KB

2.

Re. LETTER OF ENDING CONTRACT WITH [COMPANY].

Dear [NAME],

This letter purports to inform the unilateral decision of the Project Management Team Leader who has decided to end the ongoing contract with you. All the legal grounds have been examined and we do not find ourselves in the cult of legal bindings of the contract. However, the work has been completed by an estimated percentage of [x] percent, we do not find ourselves in any position to work on this contract anymore.

The contract which was signed between the [COMPANY] and [COMPANY] on [DATE], has certain points on which we can’t continue working. The point [x] of the contract has been kept translucent since the consideration of the contract. Recently, it has been found that the contract does not benefit our company in any way.

Further scrutiny has made the company realize that the required efforts and expenses cannot be compensated with the little benefits it is giving us. Another reason behind ending the contract is the poor performance of your project management team. The team has been very slow, passive, and giving out erroneous data. Data collection is the backbone of this contract; therefore, our team does not find itself interested in staying bound in this contract.

For the legal clearance of the matter, you can call our lawyer at [PHONE]. For further information, call our Team Leader (TL), Mr./Ms. [NAME] at [PHONE] or write to us at [EMAIL]. We are sorry for the trouble caused by this immediate termination of the contract. Thank you for choosing our services.

Regards

Letter about ending contract

File: Word (.docx) 2007+ and iPad
Size 15 KB

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