Acknowledgment Letter For Termination of a Contract

If you would like to confirm the termination of a contract, here is a sample acknowledgment letter for the termination of a contract.

To, 

[Receiver’s Name]

Dear [Name],

This is to inform you that the contract for [Subject], between [1] and [2] dated [Date] has been terminated due to completion/mutual agreement. With effect from [Date], the contract will be rendered obsolete. 

I/We fully agree to the release and will ensure compensation wherever due. We expect the same from your side.

Thank you.

Sincerely, 

[Sender’s Name]