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Mutual Rescission of Contract


This Agreement of mutual rescission of a contract made and entered into this __ day of _______________, 20____, by and between _________________, of ______________________, and _________________, of ______________________.

The parties recite and declare that:

A. On __________________, 20___, 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The above-mentioned contract is hereby rescinded as of this day first above written, and neither party shall have any further rights or duties thereunder.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

 

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