Mutual Cancellation of Contract Agreement
This Mutual Cancellation of Contract Agreement enables two parties to terminate an existing contract without further recourse to the other and mutual release of any further obligations.
This document provides for specific actions, and descriptions thereof, to be taken to terminate the contract, which remains in full force and affect until these have been performed.
This agreement has been updated to allow for quick and easy use by a wider range of business types. In addition, it has received minor formatting updates for greater consistency with the remainder of the Business portfolio.
Optional phrases / clauses are enclosed in square brackets. These should be read carefully and selected so as to be compatible with one another. Unused options should be removed from the template.
This document is in open format. Either enter the requisite details in the highlighted fields or adjust the wording to suit your purposes.
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