Categories: Legal Letters

Sample Requesting Termination of an Agreement Prior To Termination Date Letter

Notice of Exercise of Right to Sell Shares under Stock Purchase Agreement

[DATE, ex. Wednesday, June 11, 1998]

[NAME, COMPANY AND ADDRESS, ex.

John Smith

XYZ Inc.

1234 First Street

Suite 567

Anycity, Anystate  85245]

Dear [NAME, ex. John Smith],

I refer to the Stock Purchase Agreement between us dated [DATE OF STOCK PURCHASE AGREEMENT, ex. July 21, 1995] in respect of the capital stock of [NAME OF CORPORATION].

I hereby notify you that in accordance with the terms and conditions of the Stock Purchase Agreement, I have elected to sell my stock in the corporation to you, effective [EFFECTIVE DATE OF SALE, ex. September 30, 1998] for the price of [SALE PRICE OF STOCK].

Kindly confirm that the appropriate arrangements will be made to transfer the stock to you and to pay me the purchase price thereof.

Sincerely,

[YOUR NAME, ex. Jill Jones]

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