TERMINATION OF CONTRACT
This Termination of Contract is made on ________________________________ , between
________________________________ (First Party), and ______________________________ (Second Party). For valuable consideration, the parties agree as follows.
The parties are currently bound under the terms of the contract described below, which is attached and is part of this Termination:
Both parties agree to mutually terminate and cancel the contract described effective on ___________________________ . This Termination will act as a mutual release of all obligations entered into under this contract for both parties, as if the contract had never been established.
This Termination binds and benefits both parties and any of their successors. This document, including the attached contract being terminated, is the entire agreement between the parties.
First Party
Organization’s Name: ________________________________________
Legal Type of Organization: _______________________________________
(Include State of Operation as appropriate)
Representative’s Name: __________________________________________
Representative’s Position: _________________________________________
Address: _____________________________________________________
_____________________________________________________
Phone: ________________________________________________________
Signature: ____________________________________________________ Date: _____________ Second Party
Printed Name: __________________________________________________
Address: _____________________________________________________
_____________________________________________________
Phone: ________________________________________________________
Signature: _____________________________________________________ Date:__________________