Business Formal Notice

BUSINESS FORMAL NOTICE

Date of Notice: 

WHEREAS

WHEREAS, Sender is a business entity that engaged Recipient to perform services and/or supply goods under a prior agreement, purchase order, or verbal arrangement identified as: Agreement Reference Number: 

WHEREAS, Sender asserts that Recipient has failed to perform or otherwise is in breach of specific obligations described herein, and Sender provides this formal notice to specify the claimed deficiencies, required cures, and potential remedies.

NOTICE OF CLAIM

Nature of Claim:

Required Action/Cure:

Cure Deadline (by close of business):    If cure is not effected by the cure deadline, Sender reserves all rights to pursue remedies including but not limited to suspension of performance, setoff, demand for payment, and termination.

SCOPE OF WORK

PAYMENT TERMS

Amount Owed / At Issue: $

Late Payment Fee:   (applies to unpaid balances after the due date)

TERM AND TERMINATION

Effective Date:    Termination Date (if applicable):

Notice Period for Termination: days prior written notice required unless breach remains uncured after the cure deadline stated above.

CONFIDENTIALITY

The parties expressly acknowledge that information exchanged in connection with this Notice that is identified in writing as confidential or that, by its nature, should reasonably be treated as confidential, shall be held in confidence and shall not be disclosed to third parties except as required by law. The receiving party shall use at least the same degree of care to protect such information as it uses to protect its own confidential information, but in no event less than a reasonable degree of care.

Confidential Information Subject to This Notice:

REMEDIES; CUMULATIVE RIGHTS

The rights and remedies of Sender stated in this Notice are cumulative and in addition to any other rights or remedies available at law or in equity. No acceptance of partial performance, payment, or other forbearance shall constitute a waiver of any rights under this Notice or the underlying agreement, nor shall it operate as a novation.

GOVERNING LAW

This Notice shall be governed by and construed in accordance with the laws of the State of , without regard to choice-of-law principles. Venue for any dispute arising from this Notice shall lie in the appropriate state or federal court in that jurisdiction.

SERVICE OF NOTICE

Method(s) of Delivery (select all that apply):

Certified Mail   Email to on-file address   Hand Delivery

Contact Person for Notices:

ENTIRE AGREEMENT

This Notice, together with the underlying agreement identified above and any written amendments signed by the parties, constitute the entire understanding between the parties with respect to the subject matter hereof and supersede all prior proposals, negotiations, and other communications, whether oral or written. No modification shall be effective unless in a written instrument signed by an authorized representative of each party.

ACKNOWLEDGMENT

By signing below, the undersigned representatives confirm that they are authorized to issue or receive this Business Formal Notice on behalf of the respective parties, that the statements herein are true to the best of their knowledge, and that receipt of this Notice does not constitute waiver of any rights unless expressly stated in writing.

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