By this agreement the parties mutually terminate and cancel the contract effective the 16th day of june, 2020. Web there are numerous ways in which a contract can come to an end, not just by agreement, see: Web this is a generic form of termination agreement for use when parties to a commercial contract have mutually agreed to terminate the agreement. Web terminating a contract by mutual consent — using a settlement agreement. Web a mutual termination agreement between employer and employee is often a reasonable and fair approach for both parties to end the employment relationship.