Partnership Termination Letter

[Your Name]

[Your Address]

[City, State, ZIP Code]

[Email Address]

[Phone Number]

[Date]

[Partner's Name]

[Partner's Address]

[City, State, ZIP Code]

Dear [Partner's Name],

RE: PARTNERSHIP TERMINATION NOTICE

I hope this letter finds you well. It is with a heavy heart that I am writing to formally announce the termination of our partnership, effective as of [termination date]. After careful consideration and reflection, I believe it is in the best interest of both parties to dissolve our partnership agreement.

I want to express my sincere appreciation for the time, effort, and resources you have dedicated to this partnership over the years. Together, we have achieved many milestones and successes, and I will always cherish the memories of our collaboration.

However, as circumstances have evolved, it has become evident that our visions and long-term goals have diverged significantly. This misalignment has led to challenges and conflicts that have been difficult to resolve, despite our best efforts. After much contemplation and discussion, I believe it is in the best interest of both businesses to pursue separate paths moving forward.

To ensure a smooth transition, we will adhere to the terms and conditions outlined in the partnership agreement regarding the dissolution of our partnership. This includes a fair division of assets, liabilities, and responsibilities as specified in the agreement. I propose that we schedule a meeting at the earliest possible date to discuss the specifics of the dissolution process and address any concerns or questions you may have.

I understand that this decision may be unexpected, and I want to assure you that it was not made lightly. It is my hope that we can part ways amicably and maintain a level of mutual respect and goodwill as we move on to our respective ventures.

I wish you and your team continued success in all your future endeavors. If there is anything I can do to assist in the transition process, please do not hesitate to reach out.

Thank you once again for the collaboration and support throughout our partnership.

Sincerely,

[Your Name]