Contract-Termination-Agreement外贸合同终止协议

Contract TerminationAgreement合同终止协议The Seller:XXXXXXXXX供方XXXXXXXXXXXXXX The Buyer xxxxxxx需方xxxxxxxthThe Sellerthe Buyerhave signeda orderin November05,2014,PO No.:xxxx,the sellerwill supplytwo setsof XXXto Buyer,and theamount isUSDXXX.Because of the declineof thepetroleum industryand theeconomiccollapse ofthe Seller,the sellercouldnt fulfilledthe obligationsin accordancewith the contract.After amicablenegotiation^n agreementis reachedby bothpartiesas follows:供需双方于年月日签订的合同，合同编号为约定由2014115XXX XXX,供方向需方供应套金额现由于石油行业形势欠佳，需方X XXX,USDXXX公司经济状况下滑，无法按照合同履行相关合同义务，导致合同无法继续履行供需双方在友好协商的基础上，自愿达成以下协议Item1:In viewofthelong-term goodrelations ofcooperation betweenbothparties,the sellercancosideringunderstanding thedifficulty ofthe buyer.Through friendlynegotiation,both partiesagree tothterminatethe contartsigned inNovember05,2014,PO No.:XXXXXXX.第一条鉴于供需双方之前有良好的长期合作关系，供方考虑到需方切实的难处，供需双方通过友好协商，双方一致同意解除年月日签订的合同编号为的2014115XXXXXXXXXXX合同Item2:If producescorrelation expensesand soon,the expenseundertakestogether bycontract bothsides.Both partiesare notheld accountableby lawfrom nowon.第二条因解除合同产生的相关费用由双方各自承担，供需双方自此互不追究对方任何责任Item3:This Agreementshall takeeffect afterit issigned andsealed bytheboth parties.The originalorderincluded thefax copystated inthe Item1of this agreement willloseefficacy afterthisagreementsigned andsealed.第三条该协议自供需双方代表人签字并加该公章后生效，本协议第一条所述买卖合同也随之正式解除失效含买卖合同传真件Item4This agreementsis madein duplicatewiththesame legaleffecteither ofwhich shallbe heldby bothparties respectively.第四条本协议一式两份，双方各执一份，传真件具有同等的法律效力供方The SellerXXXXXXX代表人Corporate Representative日期Date XXXXXXXX需方TheBuyerXXXXXXX代表人Corporate Representative日期Date XXXXXXXXPage1of1。