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Rejecting Counter Offer Template for Singapore

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Key Requirements PROMPT example:

Rejecting Counter Offer

"I need to draft a Rejecting Counter Offer letter to decline a supplier's proposed pricing increases for manufacturing components, referencing their counter offer dated January 15, 2025, while keeping the door open for further negotiations."

Document background
The Rejecting Counter Offer document is essential in Singapore business negotiations when an original offeror wishes to formally decline terms proposed in a counter offer. It serves as a clear record of the rejection under Singapore contract law, protecting the offeror's legal position while maintaining professional courtesy. The document should be used when a counter offer has been received and the original offeror wishes to either end negotiations or propose alternative terms. It typically includes references to both the original offer and counter offer, the basis for rejection, and any proposed next steps.
Suggested Sections

1. Reference Information: Date, recipient details, and reference numbers of original and counter offers

2. Clear Statement of Rejection: Explicit and unambiguous statement rejecting the counter offer received

3. Details of Counter Offer: Reference to the date and key points of the counter offer being rejected

4. Basis for Rejection: Brief explanation of the reasons for rejecting the counter offer

Optional Sections

1. Future Negotiations: Optional statement about willingness to continue negotiations or discuss alternative terms

2. Alternative Proposals: Optional section providing new terms or alternative proposals if negotiations are to continue

3. Time Limitations: Optional section specifying any relevant deadlines or time constraints for further negotiations

Suggested Schedules

1. Original Offer: Copy of the original offer document for reference purposes

2. Counter Offer: Copy of the counter offer document being rejected

3. Supporting Documentation: Any relevant correspondence or documentation referenced in the rejection

Authors

Alex Denne

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

Relevant legal definitions










Clauses










Industries

Contract Act 1872: Primary legislation governing contract formation and enforcement in Singapore, providing fundamental rules for offer, acceptance, and consideration

Common Law Principles: Singapore follows English common law tradition, which includes precedents and principles from case law regarding contract formation and interpretation

Mirror Image Rule: Legal principle stating that a counter offer must exactly match the original offer terms to constitute valid acceptance

Electronic Transactions Act: Singapore legislation governing the validity and enforceability of electronic communications and transactions

Postal Rule: Common law principle regarding when acceptance is deemed complete in postal communications, including its exceptions under Singapore law

Hyde v Wrench [1840]: Landmark case establishing that a counter offer terminates the original offer and cannot later be accepted

Format Requirements: Formal requirements for commercial communications including clarity, unambiguity, and proper authentication in business correspondence

Termination of Original Offer: Legal principle that a counter offer automatically terminates the original offer, preventing its subsequent acceptance

Communication Rules: Legal requirements regarding effective communication of rejection, including timing and method of communication

Authentication Requirements: Legal requirements for verifying the identity of parties and validating commercial communications in Singapore

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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