In plain English
It is an official communication one side sends to the other about bringing their agreement to an end. It says the agreement is ending now or is set to end.
In context
Here, "termination notice" names the formal document that communicates from one contract party to the other that the contract is ending or will end.
- Situation
- Processing amendments, renewals, extensions, suspension, and termination
- What it communicates
- names the formal document used in the ending workflow
Meaning limits
The term itself does not establish whether the ending has already taken effect or has only been announced.
Examples
“After the phone warning, the distributor received a termination notice stating that the contract would end on 30 June.”
“By noon, the contractor had couriered a termination notice to the client.”