Here I want to inform you that in the below sample letters we have covered some sample letters regarding a letter of termination by mutual agreement. You know here there is no need to make such letter too complex just follow our below points which we have discussed in a simple way.
While writing this letter you must have to mention the points which we have discussed here. Now follow our below letters and complete your letter easily.
Mutual Agreement Termination Letter
Dear Mr./ Mrs./ Ms. [ Insert the name of whomsoever it is concerned to]
SUB: [ Insert the subject concerned to the letter]
Greetings of the day!
We deem it a pleasure to let you know that [ Insert the name of the receiver’s organization] and [ insert the name of the sender’s organization] has completed [ insert the number of years since the association with the receiver’s organization] years of its mutual association.
This letter is intended to keep you posted about a few changes in the Mutual Agreement that was signed between [ Insert the name of the receiver’s organization] and [ insert the name of the sender’s organization].
After a lot of consultations, our management has decided to focus its sales on [ insert a relevant field of sales]. Since your organization supports us in the field of [ Insert the current field of sales], we regret to inform you that, we would not be able to proceed with the renewal of our mutual agreement.
We apologize for the inconvenience caused, and we would also like to keep you informed that the agreement will be valid till [ insert the end date of the agreement]. Any outstanding payments or dues will be cleared by [ Insert the date of clearing all the payments.
[ Insert the name of the sender’s organization] has truly had a good time associating with your organization, and we would wish you luck in all your future endeavors.
Thank you very much!
[ Insert the Full Name of the Sender]
[ Insert the designation at the organization], [ Insert the name of the organization]
[ insert the necessary contact details]
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