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The Contract Termination Acceptance Letter is a crucial document used when one party has requested to terminate an existing contract and the other party agrees to such termination. This document, governed by Hong Kong law, serves as formal written confirmation of the acceptance and outlines the terms under which the contract will be terminated. It typically follows receipt of a termination notice and is essential for properly documenting the mutual agreement to end the contractual relationship. The letter should include key details such as the effective termination date, any outstanding obligations, final settlements, and continuing obligations that survive termination. It provides legal certainty and helps prevent future disputes by clearly documenting the terms of the termination agreement.

1. Letter Header: Full legal names and addresses of both parties, date, and reference number of original contract

2. Subject Line: Clear indication that this is a Contract Termination Acceptance Letter with reference to the specific contract

3. Opening Acknowledgment: Reference to the termination request received, including its date and method of delivery

4. Contract Details: Brief description of the original contract, its date, and parties involved

5. Termination Confirmation: Express acceptance of the termination request and confirmation of the effective termination date

6. Outstanding Obligations: Statement regarding any remaining obligations, payments, or deliverables that need to be fulfilled

7. Return of Property: Instructions regarding the return of any company property, documents, or materials

8. Confidentiality Reminder: Reminder of continuing confidentiality obligations that survive termination

9. Closing Statement: Final confirmation and contact details for any further questions

10. Signature Block: Space for authorized signatory, including name, title, and date