¶¶Òõ¶ÌÊÓƵ

The Letter of Intent for Not Renewing Contract is a crucial business document used in New Zealand when one party wishes to formally communicate their decision not to renew an existing contractual arrangement. This document is particularly important in commercial relationships where contracts have automatic renewal clauses or where advance notice of non-renewal is required under the original agreement. It ensures compliance with New Zealand contract law and business practices while maintaining professional relationships. The letter typically includes essential elements such as contract references, clear statement of non-renewal intention, relevant dates, and any transition provisions. It serves as both a legal notice and a professional courtesy, helping to avoid any misunderstandings about the contract's future status while providing the receiving party adequate time to make alternative arrangements.

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

2. Date: Current date of the letter

3. Reference Line: Clear reference to the existing contract including contract name, reference number, and date

4. Statement of Intent: Clear statement declaring the intention not to renew the contract

5. Contract Details: Specific details about the current contract including expiration date and relevant terms

6. Notice Confirmation: Confirmation that this letter serves as formal notice as required under the contract

7. Transition Arrangements: Brief outline of any necessary handover or transition requirements

8. Closing Statement: Professional closing including any appreciation for past business relationship

9. Signature Block: Sender's details including name, title, and company information