How To Write A Notice Of Termination Of The Contract

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How To Write A Notice Of Termination Of The Contract
How To Write A Notice Of Termination Of The Contract

Video: How To Write A Notice Of Termination Of The Contract

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The possibility of terminating the contract unilaterally is regulated by Article 782 of the Civil Code of the Russian Federation. Each of the parties, in accordance with this provision, can refuse to perform the contract at any time at its discretion. The law provides options for compensation for losses or incurred expenses, depending on who initiated the termination of the contract. In this case, it is especially important to issue a notice that is legally correct to prevent further disputes.

How to write a notice of termination of the contract
How to write a notice of termination of the contract

Instructions

Step 1

Draw up a notice of termination of the contract in free form, since there is no standardized sample of such a document. But make sure that the wording used is legally correct. Because in case of any complications that arise, a decision in your favor can be made only if this condition is met. In this case, to terminate the agreement without trial, you should use the wording "unilateral refusal to perform the contract", and not "cancellation of the contract unilaterally". So, check out the sample notification and start typing your own version of the text.

Step 2

Write at the beginning of the document the title "Notice" and immediately below it a short explanation "on unilateral refusal to perform the contract." The introductory part is reserved for the details of the parties to the agreement, so here indicate the full details of your organization (name, TIN, KPP, legal and actual address, bank details, contact numbers). Write the details of the partner in the form of an appeal to the head "Director", the name of the company, full name.

Step 3

Start the substantive part with a mandatory description of the contract to be terminated. Here write its number, date and place of signing, the name of the enterprises involved in the transaction. Indicate the link to the clause of the agreement, which describes the procedure for its termination, according to which your company was able to terminate the agreement early. Next, describe the violation of the terms of the contract by your counterparty, referring to its specific positions. Describe the procedure for terminating the contract and put a date for termination after receiving the notification.

Step 4

In conclusion, please indicate the requirements put forward by you in relation to the counterparty, indicate the date of their fulfillment. Highlight a place for the signature of the authorized person, write his position, decipher the signature in brackets.

Put the seal of your organization.

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