Mutual Rescission of Contract



Mutual Rescission of Contract :

This Agreement of mutual rescission of a contract made and entered into this ______ day of ______ by and between _________________ of ______________________, and ________________ of ______________________.


The parties recite and declare that:


A. On ___________________, the parties entered into a contract, which contract is attached hereto and marked Exhibit A.


B. The parties to that contract and to this agreement of mutual rescission desire to rescind that contract.


For the reasons set forth above, and in consideration of the mutual covenants of the parties hereto, the parties agree as follows:


The above-mentioned contract is hereby rescinded as of this day first above written, and neither party shall have any further rights or duties thereunder.


___________________________ __________________________


___________________________


Witnesses


___________________________ __________________________


___________________________


Witnesses


NOTICE


The information in this document is designed to provide an outline that you can follow when formulating business or personal plans. Due to the variances of many local, city, county and state laws, we recommend that you seek professional legal counseling before entering into any contract or agreement.




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