Non-renewal of Contract Notice


Summary

This precedent is a notice of non-renewal of contract letter that can be used by a party to a commercial contract when it is required to provide notice of its intent not to renew the parties' agreement. This precedent includes practical guidance and drafting notes. This precedent is premised on the underlying agreement requiring that notice of non-renewal must be furnished, or the agreement will continue for an additional term as provided therein. Counsel should review the underlying agreement to confirm that notice is sent to the proper individual or department and that the client has sufficient procedures to ensure timely preparation and delivery of the notice. For general information regarding drafting commercial contracts, see the practice note Commercial Contract Drafting and Review. For a notice of renewal, see Renewal of Contract Notice. For related precedents, see: Termination Notice, Termination for Cause Notice, Termination for Convenience Notice, Termination Agreement, ...