BE IT HEREBY KNOWN THAT, ________________ and _________________ have previously entered into a construction agreement dated _________________________ (month & day), _________ (year);

AND

WHEREAS, both parties desire to terminate the agreement:

NOW, both parties agree to be bound by the following terms and conditions:

FIRST The above agreement shall cease on and as of ___________________ (month & day), ________ (year).

SECOND Both parties agree to mutually release and unencumber one another of any liability with regard to said agreement.

THIRD In all other respects, said agreement shall continue in full force and effect.

FOURTH ___________________________________________________________

____________________________________________________________________

____________________________________________________________________

Both parties do hereby set and affix their hand in agreement this ___________ day of ____________________ (month & year).

_____________________________ ___________________

(Signature) (Date)