CANCELLATION OF LEASE Whereas, __________________________________ as Landlord and ______________________________ as Tenant executed a certain lease dated ___________,20___ for the premises described as follows: ; and Whereas, the parties desire to cancel said Lease; Now, therefore, in consideration of the mutual promises contained herein and for other good and valuable consideration, receipt of which is hereby acknowledged; the parties hereby terminate and cancel said lease effective _______________, 20__ as of which time, Tenant agrees to vacate said premises. All rights and obligations of the parties under said lease shall be cancelled and discharged as of said date except those rights and obligations accruing prior to said date and which have not been exercised, performed or discharged. This Agreement shall be binding upon, and inure to the benefit of, the parties hereto, their heirs, successors and assigns. Dated: _______________________________ Landlord _______________________________ Tenant Form 207