Termination Letter
  • Letter to Cancel Business Partnership Sample

    Last Update: 2019-09-19 16:41:39  Category: Termination Letter

    [Your Name]

    [Your Position or Title]

    [Company Name]

    [Street Address]

    [City, State, Zip Code]

    [Contact Information]


    [Name of Business Partner]

    [Position or Title]

    [Company Name]

    [Street Address]

    [City, State, Zip Code]

    Subject: Letter to Cancel Business Partnership

    Dear [Name of Business Partner],

    It is a pleasure to have a very long business partnership of [insert name of company] with you. We both enjoyed this agreed partnership in terms of profit, growth, goodwill and our friendship. Now we are in good positions and having capital to manage separate businesses as discussed in our last meeting. Our partnership goes long even more than our agreement. It was because of your goodness and competency.

    Concerning our personal relationship, we are having some issues [insert some issues that concerns you and the recipient]. Before we get into any further misunderstandings, we must get our partnership dissolved to keep our friendship.

    We now can proceed to terminate the partnership agreement as defined in our first agreement which clearly defines the terms and conditions for termination of assets, capital, employees and goodwill.

    I will request you to please review our first partnership agreement before our next meeting scheduled on [insert agreed date of meeting, month/day/year].

    Even after separating the businesses, I hope we will be good competitors and beat the market as we did in the last two years. It was a very nice experience of partnership and camaraderie with you.

    Best wishes for your success and endeavors.

    Yours Sincerely,

    [Your Signature]

    [Your Name]

    [Your Title Position]

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