Contract Notice
Contract Notice
Date: January 1, 2060
To:
Mr. John Smith
Procurement Manager
Acme Corporation
Springfield, IL 62704
From:
[YOUR COMPANY NAME]
[YOUR COMPANY ADDRESS]
[YOUR COMPANY EMAIL]
[YOUR COMPANY NUMBER]
Subject: Notice of Contract Termination
Dear Mr. Smith,
This notice serves to inform you of an important matter regarding the contract dated January 1, 2058, between [YOUR COMPANY NAME] and Acme Corporation. Please be advised that Prime Solutions Inc. has decided to terminate the contract as of February 1, 2060.
1. Background Information
This contract notice concerns the agreement titled "Supply of IT Hardware," executed on January 1, 2058, with a term that was originally set to expire on January 1, 2061. The contract governed the provision of IT hardware and related services to Acme Corporation.
2. Reason for Notice
The reason for termination is the restructuring of our business operations to focus on new strategic priorities, which no longer align with the scope of the current agreement.
3. Obligations Upon Termination
In accordance with the terms of the contract:
-
[YOUR COMPANY NAME] will settle any outstanding invoices by January 15, 2060.
-
Acme Corporation is required to return any leased equipment provided under the contract by February 1, 2060.
4. Final Deliverables/Transition
-
[YOUR COMPANY NAME] will complete all pending tasks and deliver any final reports by January 31, 2060.
-
Acme Corporation is expected to facilitate the return of any outstanding materials to [YOUR COMPANY NAME] by February 1, 2060.
5. Next Steps
Please be advised that [YOUR COMPANY NAME] expects your cooperation in finalizing all required steps in accordance with the contract terms. If you have any questions or require further clarification, please do not hesitate to contact us at [YOUR COMPANY EMAIL] or [YOUR COMPANY NUMBER].
6. Acknowledgment
Please confirm receipt of this notice and acknowledge your understanding of the actions required by signing and returning a copy of this notice by January 10, 2060.
Sincerely,
[YOUR NAME]
Contract Manager
[YOUR COMPANY NAME]
Acknowledgment of Receipt:
I, John Smith, on behalf of Acme Corporation, hereby acknowledge receipt of this Contract Notice and understand the terms and obligations outlined herein.
Date Signed: January 2, 2060
