Here our content is only to help you in the situation when you have to write some sample letters, or speeches, regarding any subject. Now today, we are going to cover some sample letters regarding a letter of termination for MoU.
Here it’s crucial to express your points in a proper format so that there is no confusion regarding the reason for this termination.
While writing this letter, you must have to mention the points which we have discussed here.
Template: 1
MOU 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!
I, on behalf of [ Insert the name of the sender’s organization], am writing this letter to you, regarding the Memorandum of Understanding signed between [ Insert the name of the sender’s organization] and [ Insert the name of the receiver’s organization].
[ Insert the name of the receiver’s organization] and [ Insert the name of the sender’s organization] have been associated with this MOU for the past [ insert the time since the association with the receiver’s organization] years. We would want to mention that this business relationship has indeed brought in a lot of positive change and fruitful results for both our organizations.
However, our company aims to provide equal opportunities to organizations that are striving to step up in the market. We believe that your organization has reached the level where it could stand stable independently.
Thus, after a discussion among the management, we have come to a decision that we would not be renewing this Memorandum of Understanding with [ Insert the name of the receiver’s organization].
This would be effective from [ Insert the end date of the MOU]. Any incomplete payments or pending dues on our behalf will be paid to you through a paycheck on [ Insert the date of completing the payment]. It was a fortune for us to have you be a part of us.
Thank you very much for all your contributions!
Cordial Regards,
[ Insert Full Name of the Sender]
[ Insert the name of the organization]
[ insert necessary contact details]
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