The House Judiciary Committee opened impeachment hearings against the President on May 9, 1974, which were televised on the major TV networks. These hearings culminated in votes for impeachment.
In light of his loss of political support and the near-certainty that he would be impeached and removed from office, Nixon resigned the presidency on August 9, 1974, after addressing the nation on television the previous evening.The resignation speech was delivered from the Oval Office and was carried live on radio and television. Nixon stated that he was resigning for the good of the country and asked the nation to support the new president.
The Ford White House considered a pardon of Nixon, even though it would be unpopular in the country. Nixon, contacted by Ford emissaries, was initially reluctant to accept the pardon, but then agreed to do so. Ford insisted on a statement of contrition, but Nixon felt he had not committed any crimes and should not have to issue such a document. Ford eventually agreed, and on September 8, 1974, he granted Nixon a "full, free, and absolute pardon", which ended any possibility of an indictment.
Legal disputes continued long after their break-up, and the dissolution was not formalised until 29 December 1974, when John Lennon signed the paperwork terminating the partnership while on vacation with his family at Walt Disney World Resort in Florida.