CONSTRUCTION CONTRACT TERMINATION

 

BE IT HEREBY KNOWN THAT, ________________ and _________________ have previously entered into a construction agreement dated _________________________ (month & day), _________ (year);

 

AND

 

WHEREAS, both parties desire to terminate the agreement:

 

NOW, both parties agree to be bound by the following terms and conditions:

 

FIRST  The above agreement shall cease on and as of ___________________ (month & day), ________ (year).

 

SECOND  Both parties agree to mutually release and unencumber one another of any liability with regard to said agreement.

 

THIRD  In all other respects, said agreement shall continue in full force and effect.

 

FOURTH  ___________________________________________________________

____________________________________________________________________

____________________________________________________________________

 

Both parties do hereby set and affix their hand in agreement this ___________ day of ____________________ (month & year).

 

_____________________________                                   ___________________

(Signature)                                                                             (Date)