San Jose California Sample Letter for Cancellation of Contract - No Fault

• Category: Letters - Nonlegal - Cancellations
• State: Multi-State
• City: San Jose
• Control #: US-0442LR
• Format: Word; Rich Text

Description

Sample Letter for Cancellation of Contract - No Fault Subject: Cancellation of Contract — No Fault (San Jose, California) Dear [Contractor/Service Provider/Company Name], I hope this letter finds you well. I am writing to officially request the cancellation of our contract, as per the terms and conditions outlined within it and in accordance with California law. This cancellation is being initiated on the grounds of no fault, with mutual agreement and without assigning any blame or fault to either party involved. San Jose, California, known as the "Capital of Silicon Valley," is a thriving city located in the heart of Santa Clara County. It is home to a diverse population and renowned for its technological advancements, booming business sector, and exceptional quality of life. As residents of this dynamic city, it is crucial for us to ensure that every contractual agreement we enter into aligns with our business priorities, evolving needs, and long-term objectives. In light of changing circumstances, we regretfully find it necessary to terminate our existing contract. [Specify the type/nature of the contract, e.g., "Our contract, which was signed on [Date] for the provision of [Products/Services], has been an essential component in supporting our operations. However, due to unforeseen circumstances, shifting market demands, or changes in our business strategy, we are compelled to cancel the agreement."] Please note that this decision is purely business-driven and not an indictment of the quality of your services or any performance-related matters. Nevertheless, it is in our best interest to move in a different direction to better meet our objectives. As outlined in the contract agreement section involving termination, we hereby provide the required notice period of [Specify notice period, as mentioned in the agreement], effective from the date of this letter. We kindly request your cooperation in adhering to these terms and ensuring a smooth transition as we conclude our business relationship. [If necessary, mention any outstanding payments, obligations, or deliverables, and how they should be handled, e.g., "We expect any outstanding payments to be settled within the agreed-upon timeline, while pending obligations or deliverables as per the terms of the contract shall be discussed separately for a mutually agreeable resolution."] We appreciate the cooperation, support, and excellent services you have provided during our association, and we sincerely hope this cancellation will not hamper any future business opportunities or relationships. It is our intention to conclude this matter professionally and amicably. Please sign and return the enclosed duplicate copy of this letter to acknowledge your receipt and understanding of this cancellation request. Should you require any further clarifications or wish to discuss this matter, please do not hesitate to contact us. Thank you for your understanding, and we extend our best wishes for your continued success. Sincerely, [Your Name] [Your Title/Position] [Your Company/Organization] [Your Contact Information]

Subject: Cancellation of Contract — No Fault (San Jose, California) Dear [Contractor/Service Provider/Company Name], I hope this letter finds you well. I am writing to officially request the cancellation of our contract, as per the terms and conditions outlined within it and in accordance with California law. This cancellation is being initiated on the grounds of no fault, with mutual agreement and without assigning any blame or fault to either party involved. San Jose, California, known as the "Capital of Silicon Valley," is a thriving city located in the heart of Santa Clara County. It is home to a diverse population and renowned for its technological advancements, booming business sector, and exceptional quality of life. As residents of this dynamic city, it is crucial for us to ensure that every contractual agreement we enter into aligns with our business priorities, evolving needs, and long-term objectives. In light of changing circumstances, we regretfully find it necessary to terminate our existing contract. [Specify the type/nature of the contract, e.g., "Our contract, which was signed on [Date] for the provision of [Products/Services], has been an essential component in supporting our operations. However, due to unforeseen circumstances, shifting market demands, or changes in our business strategy, we are compelled to cancel the agreement."] Please note that this decision is purely business-driven and not an indictment of the quality of your services or any performance-related matters. Nevertheless, it is in our best interest to move in a different direction to better meet our objectives. As outlined in the contract agreement section involving termination, we hereby provide the required notice period of [Specify notice period, as mentioned in the agreement], effective from the date of this letter. We kindly request your cooperation in adhering to these terms and ensuring a smooth transition as we conclude our business relationship. [If necessary, mention any outstanding payments, obligations, or deliverables, and how they should be handled, e.g., "We expect any outstanding payments to be settled within the agreed-upon timeline, while pending obligations or deliverables as per the terms of the contract shall be discussed separately for a mutually agreeable resolution."] We appreciate the cooperation, support, and excellent services you have provided during our association, and we sincerely hope this cancellation will not hamper any future business opportunities or relationships. It is our intention to conclude this matter professionally and amicably. Please sign and return the enclosed duplicate copy of this letter to acknowledge your receipt and understanding of this cancellation request. Should you require any further clarifications or wish to discuss this matter, please do not hesitate to contact us. Thank you for your understanding, and we extend our best wishes for your continued success. Sincerely, [Your Name] [Your Title/Position] [Your Company/Organization] [Your Contact Information]