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Reject Offer Letter Due To Counter Offer

Reject Offer Letter Due To Counter Offer Template for United Arab Emirates

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Key Requirements PROMPT example:

Reject Offer Letter Due To Counter Offer

"I need a Reject Offer Letter Due To Counter Offer for a construction project in Dubai, where we're rejecting the original offer of AED 5 million due to cost overruns, and proposing a counter-offer of AED 6.2 million with a revised completion date of March 15, 2025."

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Document background
The Reject Offer Letter Due To Counter Offer is a crucial business communication tool used in the United Arab Emirates when an initial offer doesn't fully meet the receiving party's requirements but there remains potential for agreement under different terms. This document, governed by UAE Federal Law No. 5 of 1985 and related commercial regulations, serves as both a formal rejection and a continuation of negotiations. It should be used when a company wishes to maintain positive business relations while negotiating more favorable terms. The document must include clear references to the original offer, specific reasons for rejection, and detailed counter-offer terms. In the UAE business context, this document often forms part of a larger negotiation process and must be drafted with consideration for local business customs and legal requirements.
Suggested Sections

1. Recipient Details: Full name, title, company name, and address of the recipient

2. Reference Information: Date, reference numbers, and subject line referring to the original offer

3. Acknowledgment: Polite acknowledgment of receiving the original offer with specific details of the offer being referenced

4. Rejection Statement: Clear but professionally worded statement declining the original offer

5. Counter-Offer Introduction: Introduction to the counter-offer with brief reasoning

6. Counter-Offer Details: Specific terms and conditions being proposed in the counter-offer

7. Closing Statement: Professional closing that invites further discussion and maintains positive business relationship

8. Signature Block: Sender's full name, title, company name, and contact information

Optional Sections

1. Market Analysis Reference: Include when the counter-offer is based on specific market conditions or industry standards

2. Timeline Specifications: Add when proposing specific deadlines for response or implementation of the counter-offer

3. Legal References: Include when specific legal requirements or regulations influence the counter-offer

4. Previous Communications Summary: Add when there's a need to reference prior negotiations or discussions

5. Conditional Terms: Include when the counter-offer is subject to specific conditions or contingencies

Suggested Schedules

1. Original Offer Summary: Detailed summary of the original offer terms being rejected

2. Counter-Offer Details: Detailed breakdown of the counter-offer terms and conditions

3. Comparative Analysis: Side-by-side comparison of original offer and counter-offer terms when dealing with complex negotiations

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant Industries

Real Estate

Construction

Manufacturing

Professional Services

Technology

Retail

Wholesale Trade

Financial Services

Consulting

Healthcare

Energy

Telecommunications

Relevant Teams

Legal

Commercial

Procurement

Business Development

Operations

Finance

Sales

Contract Administration

Corporate Affairs

Risk Management

Relevant Roles

Chief Executive Officer

Managing Director

Commercial Director

Business Development Manager

Procurement Manager

Contract Manager

Legal Counsel

Operations Director

Sales Director

Project Manager

Supply Chain Manager

Finance Manager

Industries
UAE Federal Law No. 5 of 1985 (Civil Code): Contains fundamental principles of contract formation, including rules on offer and acceptance, counter-offers, and rejection of offers. Articles 130-142 specifically deal with these aspects.
UAE Federal Law No. 18 of 1993 (Commercial Transactions Law): Governs commercial transactions and business dealings, including provisions on commercial correspondence and communications between business parties.
UAE Federal Law No. 1 of 2006 (Electronic Transactions Law): Regulates electronic communications and transactions, relevant if the rejection letter is to be sent electronically.
UAE Federal Law No. 2 of 2015 (Commercial Companies Law): Provides framework for business relationships and communications between companies, including aspects of commercial negotiations and dealings.
Dubai Law No. 15 of 2004 (Dubai Electronic Transactions and Commerce Law): Specific to Dubai, provides additional regulations for electronic business communications and transactions if the parties are based in Dubai.
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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