termination agreement

Termination Agreement THIS AGREEMENT dated as of Effective Date of Termination (ie. July 1, 2000) between Name of Party 1 as in Agreement being Terminated (the “1st Party”) and Name of Party 2 as in Agreement being Terminated (the “2nd Party”). WHEREAS by a Describe Agreement being Terminated (ie. Consulting Agreement) dated Date of Agreement which is being Terminated (the “Original Agreement”) the 1st Party and the 2nd Party entered into an agreement relating to Brief Description of Nature of Original Agreement (ie. the Consulting Services to be provided by the 1st Party to the 2nd Party); AND WHEREAS the parties wish to terminate the Original Agreement; NOW THEREFORE in consideration of the premises and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: The Original Agreement is hereby terminated effective the date of this Agreement. The parties hereby release and forever discharge one another of and from all actions, causes of action, suits, debts, obligations, claims and demands whatsoever which they have or hereafter can, shall or may have under the terms of the Original Agreement. This Agreement shall enure to the benefit of and be binding upon the respective heirs, executors, administrators and assigns of each of the parties hereto. This Agreement may be executed in one or more counterparts, each of which when so executed shall be deemed to be an original and such counterparts together shall constitute one and the same instrument. IN WITNESS WHEREOF this Agreement has been executed by the parties hereto as of the date first above written. Witness 1st Party Witness 2nd Party