Letter of Intent for Renewal of Contract

Wallace C. Cornelius
540 Stonecoal Road

Bucyrus, OH 44820

Dear Mr. Cornelius,

I hope this letter finds you well.

I am writing to formally extend an invitation to renew the Letter of Intent for Renewal of Contract we currently have. The original contract, dated January 1, 2045, is set to expire on December 31, 2050. As an esteemed colleague and vital to our business relationship, we highly value your continued partnership.

The purpose of this letter is to notify you of our intent to renew the contract for an additional term of five years, starting from January 1, 2051, and extending until December 31, 2055. We believe this renewal will provide both parties the necessary stability and security to sustain our mutually beneficial collaboration.

Kindly review the terms and conditions outlined in the attached draft contract. If you have any questions, concerns, or suggestions, please do not hesitate to contact me at your earliest convenience. We look forward to your positive response to this invitation for contract renewal.

Thank you for your attention to this matter.

Sincerely,

Muriel J. Larson

HR Manager