If you are planning to terminate a license agreement, it is important to do so in a professional and respectful manner. A license agreement termination letter is a formal document that outlines the reasons for the termination and sets clear expectations for the future.

Below is a sample license agreement termination letter that can be used as a guide:

[Your Name]

[Your Address]

[City, State Zip Code]

[Date]

[Licensee Name]

[Address]

[City, State Zip Code]

Dear [Licensee Name],

I am writing to notify you of my intention to terminate our license agreement for [product/service] effective 2024. The reason for this termination is [provide reason – e.g., breach of contract, non-payment of fees, violation of terms, etc.].

As per the terms of our agreement, all licensed materials, including [list items – e.g., software, trademarks, intellectual property, etc.] must be returned to me within [number of days] days of the termination date. Additionally, any outstanding payments owed to me must be settled in full prior to the termination date.

Please be advised that any use of the licensed materials beyond the termination date is strictly prohibited and may result in legal action.

I appreciate the business relationship that we have had and regret that it must come to an end. If you have any questions or concerns, please do not hesitate to contact me.

Sincerely,

[Your Name]

A license agreement termination letter is an important document that must be drafted with care and attention to detail. It is essential to clearly state the reason for the termination and set expectations for the return of licensed materials and settlement of outstanding payments.

By using the sample letter above as a guide, you can effectively communicate your intentions to terminate a license agreement in a professional and respectful manner.