Company Letterhead
{{company_name}}
{{company_address}}
Phone: {{phone}}
Email: {{email}}
Website: {{website}}
Date and Reference
Date: {{date}}
Reference: {{reference_number}}
Recipient Information
To: {{recipient_name}}
{{recipient_address}}
Subject: Notice of Cancellation of Contract No. {{contract_number}}
Dear {{recipient_name}},
Contract Details
This letter serves as formal notification of the cancellation of the contract entered into between {{company_name}} ('the Company') and {{recipient_name}} ('the Contractor/Party') on {{contract_start_date}}, for {{brief_description_of_contract}}. The contract is identified as Contract No. {{contract_number}}.
Reason for Cancellation (Optional but Recommended)
The reason for this cancellation is [{{reason_for_cancellation}}]. This decision has been made in accordance with clause {{cancellation_clause_number}} of the aforementioned contract, which permits termination on [{{grounds_for_termination}}].
Effective Date of Cancellation
Please be advised that the cancellation of Contract No. {{contract_number}} will be effective as of {{effective_cancellation_date}}. All obligations and responsibilities under the contract, except those specifically stipulated to survive termination, will cease on this date.
Outstanding Obligations and Settlement
We kindly request that you settle any outstanding invoices or obligations up to the effective cancellation date. As per clause {{settlement_clause_number}}, {{company_name}} will [{{details_of_final_settlement_or_payments_due}}]. Any monies due to {{recipient_name}} as of the cancellation date will be processed in accordance with the terms of the contract within {{number_of_days}} days.
Return of Company Property (If Applicable)
If applicable, please ensure the return of any company property, equipment, or documents in your possession by {{return_date}}. A list of such items includes: [{{list_of_items_to_be_returned}}].
Confidentiality and Non-Disclosure
Please be reminded that the confidentiality and non-disclosure clauses (e.g., clause {{confidentiality_clause_number}}) of the contract remain in full force and effect following the termination of the agreement.
Further Information
Should you have any questions or require further clarification regarding this notice, please do not hesitate to contact {{contact_person_name}} at {{contact_phone}} or {{contact_email}}.
Signature Block
Sincerely,
_______________________
{{authorised_signatory_name}}
{{authorised_signatory_title}}
{{company_name}}
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