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MUTUAL RESCISSION OF CONTRACT Template

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Shared by: Pam Griffith
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MUTUAL RESCISSION OF CONTRACT This Agreement of mutual rescission of a contract made and entered into this _(1)_ day of ______(2)_________, 19__(3)__, by and between ________(4)_________, of ___________(5)___________, and _______(6)__________, of ___________(7)___________. The parties recite and declare that: A. On _________(8)_________, 19__(9)_, 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 rescission desire to rescind that contract. mutual 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of the mutual covenants of the parties hereto, the parties agree as follows: The above-mentioned contract is hereby rescinded as of this day first above written, and neither party shall have any further rights or duties thereunder. ____________(10)_______________ _____________(11)_____________ ____________(10)_______________ Witnesses ____________(10)_______________ _____________(12)_____________ ____________(10)_______________ Witnesses NOTICE The information in this document is designed to provide an outline that you can follow when formulating business or personal plans. many local, city, county Due to the variances of and state laws, we recommend that you seek professional legal counseling before entering into any contract or agreement.
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