Termination Letter due to Acquisition
Aubrey Powell
CEO and Owner
Prestige Solutions Inc.
4960 Grey Fox Farm Road
Houston, TX 77032
March 10, 2050
Lukas Scott
CEO
Innovate Crafters Co.
4991 Crestview Terrace
San Antonio, TX 78205
Dear Mr. Scott,
I hope this letter finds you in good health and spirit. I am writing on behalf of Prestige Solutions Inc. to formally announce that we have acquired Innovate Crafters Co. This operation, approved by the majority of our board members, took effect on March 20, 2050. We believe this move will consolidate our market position, create synergies, and unlock long-term shareholder value. This change will inevitably have implications for the existing structure and team members of Innovate Crafters Co. This is why we are notifying you, our valuable employee about this development.
As part of the integration process, we regret to inform you that your current position is being made redundant. We want to assure you that this decision is no reflection on your performance or dedication to the role. Your efforts and contributions have been greatly appreciated. You will be receiving a separate termination letter, detailing the specifics of your exit package, terms and conditions. We value you as an individual and appreciate your understanding during this transition period.
Best Regards,
Aubrey Powell
CEO
