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Counter Offer Rejection Letter Template for Nigeria

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Key Requirements PROMPT example:

Counter Offer Rejection Letter

"I need to draft a Counter Offer Rejection Letter to decline a supplier's modified pricing terms for our manufacturing equipment order, making it clear that we're not accepting their 15% price increase proposed on January 15, 2025, while keeping the door open for future business."

Document background
The Counter Offer Rejection Letter is an essential document in Nigerian business negotiations, used when an original offering party needs to formally decline terms proposed in a counter offer. This document is particularly important in the Nigerian legal context, where clear written communication in contract negotiations is crucial for legal certainty. The letter should be used when a party wishes to definitively reject modified terms proposed by the other party, effectively ending that particular negotiation cycle. It typically includes reference to the original offer, acknowledgment of the counter offer received, clear rejection statement, and optional explanations or alternative proposals. The document helps maintain professional relationships while creating a clear paper trail for legal purposes, adhering to Nigerian contract law principles and commercial practices.
Suggested Sections

1. Letterhead and Date: Company letterhead including full business details and current date

2. Recipient Details: Full name, title, and address of the recipient who made the counter offer

3. Reference Line: Clear reference to the original offer and counter offer, including relevant dates and reference numbers

4. Subject Line: Clear indication that this is a rejection of counter offer

5. Acknowledgment: Formal acknowledgment of receiving the counter offer, including its date

6. Rejection Statement: Clear and unambiguous statement rejecting the counter offer

7. Brief Explanation: Concise explanation for the rejection, maintaining professionalism

8. Closing: Professional closing statement, signature block with full name and title

Optional Sections

1. Future Relations: Optional paragraph expressing interest in future business relationships - include when wanting to maintain positive business relations

2. Alternative Proposal: Optional section suggesting alternative terms or new proposal - include when willing to continue negotiations

3. Timeline Reference: Optional section mentioning any relevant deadlines or time constraints - include when time is a critical factor

4. Previous Negotiations Summary: Optional brief recap of negotiation history - include when there's been extensive back and forth

5. Legal Reservations: Optional paragraph reserving legal rights - include when there's potential for dispute

Suggested Schedules

1. Original Offer Summary: Optional attachment summarizing the terms of the original offer

2. Counter Offer Summary: Optional attachment summarizing the terms of the counter offer being rejected

3. Correspondence History: Optional chronological list of relevant correspondence between parties

Authors

Alex Denne

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

Relevant legal definitions















Clauses













Relevant Industries

Manufacturing

Real Estate

Financial Services

Technology

Retail

Construction

Professional Services

Energy

Telecommunications

Healthcare

Agriculture

Transportation

Mining

Education

Hospitality

Relevant Teams

Legal

Procurement

Commercial

Business Development

Operations

Finance

Compliance

Contract Administration

Sales

Supply Chain

Relevant Roles

Procurement Manager

Contract Manager

Legal Counsel

Business Development Manager

Commercial Director

Chief Financial Officer

Operations Manager

Sales Director

Purchase Officer

General Manager

Managing Director

Corporate Lawyer

Compliance Officer

Project Manager

Supply Chain Manager

Industries





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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