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Free Legal Forms page - Mutual Rescission Agreement

MUTUAL RESCISSION OF CONTRACT
This Agreement of mutual rescission of a contract made and entered into this ________
(1)_________ day of ______(2)_________, _________(3)__, by and between ________(4)
_________, of ___________(5)___________, and _______(6)__________, of ___________(7)
___________.
The parties recite and declare that:
A. On _________(8)_________, _________(9)_____, 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The above-mentioned contract is hereby rescinded as of this day first above written, and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.
____________(10)_______________ _____________(11)_____________
____________(10)_______________
Witnesses
____________(10)_______________ _____________(12)_____________
____________(10)_______________
Witnesses

NOTICE
The information in this document is designed to provide an outline that you can follow
when formulating business or personal plans. Due to the variances of many local, city, county
and state laws, we recommend that you seek professional legal counseling before entering into
any contract or agreement.