Thank you for your service on {Project}. This letter is to inform you that we intend to terminate the contract between {Organization} and {Company}, effective {date}.
As you have already put in a good amount of time into this project, we will pay you {amount} for purchased materials and services, as broken down below:
{Break-down}
Remittance will be sent to {address} no later than {date}. You may contact {Contact} at {contact info} if you have any questions. Thank you.
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Index of Letter of Intent Examples