Official letters are very popular now a day. These letters are very useful. Termination letter are of many types. One of them is discussed here. Business agreement letters are very useful. These letters are used to end the business agreement and to inform the the receiver that the contract between the two companies are terminated.
This termination may result due to any kind of glitches or fraud or incomplete contract. These contracts also end when the raw materials also have some types of errors.
Table of Contents
Business Agreement Termination Letter Writing Tips:
- The letter should not contain any type of mistakes.
- The letter should be written sensibly.
- The letter should show all respect.
- The letter should end with a wish of luck.
Business Agreement Termination Letter Template
Date: __________ (letter writer wrote the letter on this very day)
Subject: Letter of termination of the business agreement
It is on my part on behalf of our company to inform you that our contract has been terminated. This thing happened due to the fraud from your company. The products were not up to the mark. The decision was taken collectively by all the members of our board of directors.
The products are sent back to your company. The payments could not be sent, this is due to the ongoing enquiry. I hope this glitch will be totally exposed. As the enquiry completes the payments will be cleared. Thanking you.
Name and Signature
The letter aims at informing your vendor that you would like to terminate your business agreement with him/her as you have been receiving sub-standard products from his/her establishment. The date of termination and a request to get due amount, if any, cleared by you are given in the letter. See this good sample of business agreement termination letter and you can follow this for your business.
Dear Mr Kusha Bangarpet,
Sub: Termination of our Business Contract.
Ref: Our Business Contract dated 20th October, 2009.
We would like to inform you that despite our constant complaints about the sub-standard surgical equipments that we are receiving from you, there has been no action taken by you to improve the situation. Therefore, we have decided to terminate our Business Contract mentioned in “Ref”. The termination is applicable from 31st May 2010.
Please get your outstanding bills, if any, settled by us within 19th May 2010.
Business Agreement Termination Letter Generator
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