Wednesday, July 27, 2005

Mutual Recision Of Contract

This Agreement of mutual rescission of a contract made and entered into this __ day of ____________, 20____, by and between _______________, of ____________________, and _______________, of ____________________.

The parties recite and declare that:

A. On ________________, 20___, 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The above-mentioned contract is hereby rescinded as of this day first above written, and neither party shall have any further rights or duties thereunder.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

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.

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The forms are samples provided for discussion purposes only. Should you decide to use any of them in your business or personal activities, it is advised that you have them reviewed by competent legal counsel.