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Termination Letter
What does a Termination Letter mean?
A termination letter is an integral part for initiating termination process. Thus, there are various forms of termination letter, but two forms are famously known i.e., Employment Termination Letter and Contract Termination Letter. Thus, both termination letters have their different meaning and functioning but the motive behind these letters is to terminate any service or contract. Hence, the answer behind the definition of termination letter is clear it means that termination of any service, obligation, and contract due to any cogent or specific reason or it can also be due to non-performing of any duty or breach.
How does the employment termination letter is different from contract termination letter?
As we had already discussed about the two famous forms of termination letters i.e., Employment Termination Letter and Contract Termination Letter. Therefore, here were a going to discuss about the nature and function of these two letters for better understanding.
- Employment Termination Letter
This termination is handed over to employee by his employer. This letter includes the termination date and the cause for termination. Moreover, it also contains important information regarding the next steps an employee must take for handing over the charge and other documents to the concern employee of the company.
- Contract Termination Letter
When any business stops performing its purpose and starts creating negative vibes between the partners then it becomes the right time to terminate the business contract and start the process for dissolution of partnership. Moreover, it is not necessary that this letter will only be given to the existing partnership related to business, but it may also serve to the contacting party/parties who fail to perform any part or obligation of contract. Therefore, the contract termination letter includes the cogent reasons or cause for termination of any business partnership or contract.
What is the importance or need of Termination Letters?
The importance of termination letter is of utmost importance and is considered as a vital piece of evidence during litigation. Suppose if any party to whom the termination letter has been issued make recourse to courts and tries to invalidate the reasons and claims of person or authority which issued the termination letter, then in such situations the good draft skills came to the saviour of the person issued the said letter.
Thus, the need of termination is relevant because its shows the Bonafide intention of the sender that after informing the receiver said contract or employment has been terminated. Good drafting and legal advice are very important before sending the termination letter to any person. Thus, in case if the receiver party approaches to any court or concern forum then the good drafting skills plays an important role because if the termination letter is well drafted and has no loop holes the case of the disputing party falls flat.
NA Lawyers Firm has highly qualified team of lawyers and legal consultants which have extensive experience in drafting Termination letters. Our law firm team with the help of legal experts works in a highly proficient manner to draft the termination letter and secure the interest of our clients. NA Lawyers Firm is committed to provide best advice and legal documents drafting services to our clients. Therefore, in case if you need any suggestion or help in relation the matters related to drafting of termination letters you can contact us freely. Our team is fully committed towards our client to perform their duty and in delivering out the positive results.
