I am writing to inform you that I am withdrawing my application for the program coordinator position. A termination and release agreement is a contract that is used when two parties mutual agree to end a legal contract.Use our Release of Liability form to create an agreement to waive legal claims if an accident occurs. Select your waiver type to get started. Question: Does the Form 5 need to be notarized? Start with a clear and concise statement that you are terminating the contract. Mention the contract's title and reference number (if applicable). In nearly all cases, written notice is required for a landlord or a tenant to terminate a tenancy, even monthtomonth oral tenancies. Here's a short selection of 8 easytoedit contract termination letter templates you can edit, share and download with Visme. Below are two sample letters to use when ending a lease agreement.