Termination letter - principal to agent
Drafting notes
This letter is intended to be used to terminate the appointment of a sales agent.
Letter
insert name of Agent
insert Agent's address
Dear insert name,
Agency Agreement dated insert date (the ‘Agreement')
[This letter confirms our recent discussions.]
In accordance with clause insert number of clause containing termination provision, please take this letter as immediate OR insert figure days' notice of termination of the Agreement. This is not due to any breach by you of the Agreement, simply that we intend in future to insert details such as ‘sell through a direct sales force' or ‘sell through alternative channels'. OR This, as discussed, is due to set out details, which is a material and unremedied breach by you of the Agreement. All our rights in relation to that breach, and otherwise, are reserved.