[Your Name] [Your Address] [City, State, ZIP] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Cancellation of Contract — No Fault Dear [Recipient's Name], I am writing to formally request the cancellation of our contract, referenced as [Contract Number], which was entered into on [Contract Start Date]. After careful consideration, I have come to the conclusion that it is in both parties' best interest to terminate this agreement. As per the terms and conditions outlined in the contract, it provides for the cancellation of the agreement without fault if both parties mutually consent to its termination. Therefore, I kindly request your consent to proceed with this cancellation. Since the contract does not attribute fault to either party, it is important to acknowledge that this cancellation is purely circumstantial and not a result of any breach or dissatisfaction. Rest assured, I hold a high regard for the professionalism and commitment demonstrated by your organization throughout our business relationship. To ensure a smooth transition and uphold our existing responsibilities, I propose a reasonable period for the cessation of any ongoing activities. I suggest that the contract be terminated effective [Cancellation Date], allowing sufficient time for any necessary completion of outstanding deliverables. Furthermore, I kindly request that any outstanding payments or obligations be settled promptly during the agreed-upon transition period. It is crucial for both parties to settle all financial matters and any other outstanding issues in an amicable manner. Please attach your confirmation of agreement to this cancellation request letter and return a signed copy in the enclosed self-addressed envelope. Upon receipt of the signed confirmation, I will consider the contract officially canceled, and we can proceed accordingly. I want to express my appreciation for the opportunity to work together under this contract and for the positive experiences we have shared. I value our business relationship and anticipate future possibilities for collaboration. Thank you for your attention to this matter. Should you have any questions, please do not hesitate to contact me at [Your Phone Number] or [Your Email Address]. Once again, I sincerely appreciate your understanding and cooperation in this regard. Yours sincerely, [Your Name]