Form ID: EATC197
Written contract where two parties mutually agree on terminating a contract. Termination of Contract is a template agreement formed for use by contracting parties where they are looking to terminate a contract and release each other’s rights and obligations binding by that contract. This agreement can be used at several occasions for example when dissolving a relationship between an employer and an employee because it defends against the threat of potential lawsuits and costly settlements.
It is usually considered a good practice to get employees to sign this contract upon the termination of a contract, as the resigning party and the employer acknowledge that they mutually terminate the contract, eliminating illegal dismissal and termination disagreements.
Why buy Termination of Contract form from us?
- Suitable for any kind of employment and other contracts
- Attorney reviewed
- Usable in all USA states
- Available in MS Word and PDF format
- Compatible with different platforms such as Windows, MAC OSX and Linux
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*This form is guranteed to be 100% accurate and prepared by a licensed professional.