If the time has come to end a contract, it might be an idea to do so in writing, as such this agreement would introduce clarity e.g. confirming the termination date together with any other matters the parties wish to deal with in an orderly fashion. If straightforward, you could use the letter template but if there are post-termination matters to deal with such as return of property or a payment run off, it might be better to use this Termination Agreement. The agreement needs to be signed by someone appropriately authorised.
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