From that point on, our company will no longer place orders with your company. We will not cancel any orders or delivery agreed upon prior to this letter, unless we expressly notify you. Ideally, all pending orders should be completed before our contract is officially terminated. We will delete our page all amounts of unpaid money in our account until [date]. To that end, we would like to receive all relevant invoices before [date]. Please confirm receipt of this letter as termination of our contract and the conclusion of our account. If you have any questions, you can contact me at [phone] or [email address]. Business Letter Templates Fast and Simple: Instant download of more than 125 business letter templates — here. A distribution agreement allows a distributor to transport or resell products purchased by a manufacturer.
The manufacturer supplies the products and the distributor acts as a seller, either as a wholesaler or as a distributor. The distribution agreement may be exclusive, with a single distributor using a manufacturer for a particular product or region. The agreement may also allow several distributors to collaborate with several manufacturers. The manufacturer generally states the terms of the agreement, including all marketing tactics or product licensing procedures, and the distributor agrees to comply with these conditions. we inform you that from [date], we no longer need the [company name] services. With this notification, we respect the minimum termination period required by our agreement. Your company has provided us with a good service in the past, but we have chosen to terminate our business contract for [reasons]. Disclaimer: This model for business contract termination letters must contain general guidelines and should be used as a reference. It cannot take into account all relevant local, state or federal laws and is not a legal document. Neither the author nor workable.com assumes legal responsibility for the use of this letter. If necessary, seek qualified advice before deployment. In accordance with the clause [indication of the number of clause containing the termination clause], please take this letter as [[[z.B 90] days or immediately] termination of the contract.
[The agreement therefore expires on [date].] [This is not due to a breach on your part to the agreement, simply tha Many distribution agreements contain a clause allowing either party to terminate the contract without any legal involvement. A termination clause often contains the reasons for termination, the required amount of advance notice and any financial compensation that a party would have to pay. The clause must set all termination dates and indicate whether the contract is automatically terminated in the event of a breach of certain contractual conditions.