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Notice To Terminate

The company is terminating its business contract with another company as of a specified date due to undisclosed reasons. The termination complies with the minimum notice period required by their agreement. Outstanding orders arranged before the termination date will be completed unless otherwise informed. The terminating company will clear any outstanding payments by a specified date and requests all relevant invoices by another specified date. The letter serves to confirm receipt of termination and closing of the account, and provides contact information for any questions.

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Emily Gardiano
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147 views2 pages

Notice To Terminate

The company is terminating its business contract with another company as of a specified date due to undisclosed reasons. The termination complies with the minimum notice period required by their agreement. Outstanding orders arranged before the termination date will be completed unless otherwise informed. The terminating company will clear any outstanding payments by a specified date and requests all relevant invoices by another specified date. The letter serves to confirm receipt of termination and closing of the account, and provides contact information for any questions.

Uploaded by

Emily Gardiano
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Dear [name of recipient],

we inform you that we will no longer require the services of [name of


company], as of [date]. With this notification, we comply with the
minimum notice period required by our agreement. Your company has
provided us with good service in the past, however, we decided to
terminate our business contract due to [reasons].

From this moment, our company will not place any more orders with your
company. We won’t cancel any orders or deliveries arranged before this
letter unless we explicitly inform you. Ideally, all outstanding orders
should be completed before our contract is officially terminated. On our
part, we will clear any outstanding amounts in our account by [date]. To
that end, we would like to receive all relevant invoices by [date].

Please confirm the receipt of this letter as termination of our contract and
the closing of our account. If you have any questions you can reach me
at [phone] or [e-mail address].

We would like to thank you for our long-standing collaboration.

1. TERMINATION

1.1. Any party may terminate this Agreement upon written notice to the other party no less than ten
(10) calendar days from the intended date of termination.

1.2. Without prejudice to the rights or claims that COMPANY is entitled to under the law,
COMPANY has the right to immediately terminate this Agreement by written notice to
TALENT for any of the following causes:

a. TALENT commits any continuing or material breach of any of his


obligations hereunder; and
b. COMPANY concludes that TALENT has engaged in conduct which violates
any of his representations contained herein.

1.3. Without prejudice to the rights or claims that TALENT is entitled to under the law, TALENT
has the right to immediately terminate this Agreement by written notice to COMPANY if
COMPANY commits any continuing or material breach of any of its obligations hereunder.

1.4. In the event that COMPANY decides to terminate this agreement and TALENT has fully
rendered all her services stated in “Scope of Services”, COMPANY has the responsibility to
immediately pay her Service/Talent Fees for all episodes shot or services rendered subject to
penalty interest in Clause 3.3 of this Agreement.

1.5. If COMPANY breaches any of its representations, warranties and obligations under this
Agreement, and the TALENT pre-terminates this Agreement due to such breach, COMPANY
shall be liable to the TALENT for the supposed Service/Talent Fees (subject to penalty interest
in Clause 3.3) for all the episodes, videos or work for the SHOW were it not for such breach.
The COMPANY shall immediately pay the Service/Talent Fees to Talent within seven (7) days
of the said breach, without need of demand. This right shall be without prejudice to other
remedies of the TALENT against COMPANY under applicable laws and the principles of
equity, including this Agreement.

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