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.
M/S Deva Hospital
R T Nagar, Bangalore – 32
4th May, 2010
Mr Kusha Bangarpet
Famous Surgical Instruments Pvt Ltd
#12, R.M.V Extn 2nd Stage, Bangalore – 94
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.