# Cancellation Agreement
## This Cancellation Agreement ("Agreement") is made and entered into as of [Date], by and between:
**Party A: [Full Name]**
Address: [Full Address]
Email: [Email Address]
Phone: [Phone Number]
**Party B: [Full Name]**
Address: [Full Address]
Email: [Email Address]
Phone: [Phone Number]
## Recitals
WHEREAS, the parties entered into a [Type of Original Agreement, e.g., Service Agreement, Purchase Agreement] dated [Date of Original Agreement] ("Original Agreement");
WHEREAS, the parties wish to cancel the Original Agreement as of the date of this Cancellation Agreement;
NOW, THEREFORE, in consideration of the mutual covenants and agreements herein contained, the parties agree as follows:
## 1. Cancellation of the Original Agreement
The parties hereby agree that the Original Agreement is canceled and shall have no further effect as of the date of this Agreement.
## 2. Release of Claims
Both parties release each other from any and all claims, demands, liabilities, and obligations arising out of or related to the Original Agreement, including but not limited to any claims for damages, specific performance, or any other relief.
## 3. No Admission of Liability
The cancellation of the Original Agreement and the signing of this Cancellation Agreement shall not be construed as an admission of liability or wrongdoing by either party.
## 4. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of [State] without regard to its conflict of laws principles.
## 5. Entire Agreement
This Cancellation Agreement constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes all prior agreements, understandings, or negotiations, whether written or oral.
## 6. Amendments
No amendment or modification of this Agreement shall be effective unless in writing and signed by both parties.
## 7. Signatures
IN WITNESS WHEREOF, the parties hereto have executed this Cancellation Agreement as of the date first above written.
**Party A:**
______________________________
[Full Name]
[Title/Position if applicable]
**Party B:**
______________________________
[Full Name]
[Title/Position if applicable]
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*This document is intended for informational purposes only and does not constitute legal advice. It is recommended to consult with a qualified attorney for legal matters.*