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Important
Note:
Forms are to be used as a guide only to assist you. No liability is assumed for errors in substance or form. It is your responsibility to revise the forms to meet current law
requirements and your particular situation. No liability is assumed for improper use of these forms.
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MUTUAL
RESCISSION OF CONTRACT
This Agreement
of mutual rescission of a contract made and entered into this ____ day of
_________________,
19______, by and between ___________________, of
________________________,
and ___________________, of ________________________.
The parties
recite and declare that:
A. On
____________________, 19_____, 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above-mentioned contract is hereby rescinded as of this day first above written,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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