A Contract Termination Letter is used to terminate a contract before its expiration date. The letter can be used as a formal termination notice or to provide notice that one party will be terminating the contract. Before sending a Contract Termination Letter, be sure to review the contract, as some contracts require a notice period or other specific steps.
To
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Subject
We regret to inform you that we’re ending the term of employment with us, as of ___(mention date). Your termination is the consequence of __________(briefly explain the reason)
You’re requested to return all company materials including documents and equipments to which you had access during the period your contract. As with all employees, you are bound by our confidentiality and data protection policies.
You’d be paid an amount of [state amount] in accordance with the terms of your contract. You are also entitled to [state other possible compensation or benefits, if any].
We sincerely thank you for all your contribution and wish you all the best for the future.
Thanking you,
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