Decline Extension of Agreement

{{company_name}}

{{company_address}}

Phone: {{phone}} | Email: {{email}} | Web: {{website}}

Decline Extension of Agreement

Decline Extension of Agreement

{{company_name}}

{{company_address}}

{{phone}}

{{email}}

{{website}}

Date:

{{date}}

Recipient Details:

{{recipient_name}}

{{recipient_address}}

{{recipient_email}}

Subject: Decline of Extension Request for Agreement No. {{agreement_number}}

Dear {{recipient_name}},

This letter serves to formally acknowledge receipt of your request, dated {{request_date}}, for an extension to the agreement, with reference number {{agreement_number}}, which is currently set to expire on {{original_expiry_date}}.

Decision:

After careful consideration and review of your request, we regret to inform you that we are unable to approve an extension of the aforementioned agreement. The agreement will therefore expire as per its original terms on {{original_expiry_date}}.

Reason for Decision (Optional - choose one or none):

This decision has been made due to [{{reason_for_decline_e.g._company_policy,_strategic_reasons,_etc.}}].

While we appreciate your efforts in establishing this agreement, our current operational parameters do not permit an extension at this time.

Next Steps:

We kindly request that all necessary arrangements for the formal conclusion of the agreement be initiated. This includes, but is not limited to, [{{specific_actions_required_e.g._return_of_company_property,_final_reports_etc.}}].

Please contact {{contact_person}} at {{contact_email}} or {{contact_phone}} to discuss any matters pertaining to the winding down of this agreement.

Appreciation (Optional):

We appreciate your understanding in this matter and value the relationship we have maintained during the period of this agreement.

Sincerely,

{{signature}}

{{your_name}}

{{your_title}}

{{company_name}}