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Letter Of Intent Not To Renew Contract
"I need a Letter of Intent Not to Renew Contract for our IT services agreement with TechServe GmbH, which expires on March 31, 2025, ensuring a smooth transition of data and systems to our new provider."
1. Sender Details: Full legal name and address of the party sending the notice
2. Date: Current date of the letter
3. Recipient Details: Full legal name and address of the party receiving the notice
4. Contract Reference: Clear identification of the existing contract including its title, date, and any reference numbers
5. Notice Statement: Clear and unambiguous statement of intention not to renew the contract
6. Current Contract End Date: Confirmation of when the current contract period ends
7. Legal Basis: Reference to the relevant clause in the original contract that permits non-renewal
8. Signature Block: Space for authorized signature, name, and title of the sender
1. Transitional Arrangements: Include when there are specific handover or transition requirements that need to be addressed
2. Acknowledgment Request: Include when confirmation of receipt is required
3. Outstanding Obligations: Include when there are specific ongoing obligations that need to be addressed or concluded
4. Future Cooperation Statement: Include when maintaining a positive business relationship is desired despite non-renewal
5. Contact Details: Include when specific persons should be contacted for transition or administrative matters
1. Copy of Original Contract: Attach when referencing specific clauses or terms from the original contract
2. Handover Schedule: Include when there are complex transition requirements that need to be documented
3. Outstanding Items List: Attach when there are specific items or obligations that need to be tracked to completion
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