CONTRACT RENEWAL NOTICE

Date: [Insert Date, e.g., January 1, 2051]

To: [Employee's Name]

From: [Your Name], [Your Role]

Subject: Contract Renewal Notice

Introduction

Purpose

The purpose of this notice is to inform you that your current employment contract with [Your Company Name] is nearing its expiration. This document outlines the terms and conditions for renewal, as well as the options available to you.

Importance

Renewing your contract is a significant step that will affect your professional life. We value your contributions to [Your Company Name] and hope to continue this fruitful relationship.

Contract Summary

Original Contract Date

Your original contract commenced on [Insert Original Contract Date, e.g., January 1, 2050].

Expiration Date

The contract is set to expire on [Insert Expiration Date, e.g., December 31, 2050].

Position

You are currently employed as [Insert Position, e.g., Software Engineer].

Key Achievements

During your tenure, you have achieved the following milestones:

Milestone 1: Project Leadership

You successfully led the team for Project Alpha, which was delivered on time and exceeded the client's expectations. Your leadership skills were instrumental in the project's success.

Milestone 2: Cost Savings

You initiated a process optimization that resulted in a 20% reduction in operational costs for your department. This has had a significant positive impact on the company's bottom line.

Milestone 3: Employee Training

You developed and implemented a training program for new hires that has reduced the onboarding time by 50%. This has increased productivity and improved team cohesion.

Renewal Terms

Renewal Period

The new contract, if renewed, will be effective from [Insert New Contract Start Date, e.g., January 1, 2051] to [Insert New Contract End Date, e.g., December 31, 2051].

Salary and Benefits

The salary and benefits for the renewed contract are as follows:

Salary Component	Amount
Base Salary	$XXXX
Bonus	$XXXX
Benefits	$XXXX

Other Terms

Additional terms and conditions applicable to the renewed contract are [Insert Additional Terms].

Options for Renewal

Acceptance

To accept the renewal terms, please sign and return the attached contract by [Insert Deadline, e.g., January 15, 2051].

Declination

If you choose not to renew the contract, please inform us by [Insert Deadline, e.g., January 15, 2051].

Alternative Proposals

If you have any alternative proposals, they must be submitted by [Insert Deadline, e.g., January 10, 2051].

Next Steps

Timeline

Upon receiving your response, the HR department will proceed with the necessary formalities. The timeline for the renewal process is as follows:

• Deadline for Acceptance: [Insert Deadline, e.g., January 15, 2051]

• Deadline for Declination: [Insert Deadline, e.g., January 15, 2051]

• Deadline for Alternative Proposals: [Insert Deadline, e.g., January 10, 2051]

Contact Information

For any queries or clarifications, please contact:

[Your Name]

[Your Role]

[Your Email]

[Your Company Number]

Alternatively, you can reach out to our HR department at:

HR Manager: [Insert HR Manager's Name]

HR Email: [Insert HR Email]

HR Contact Number: [Insert HR Contact Number]

Attachments

Renewal Contract

Attached is the renewal contract that outlines the terms and conditions for your continued employment.

Benefits Summary

Also attached is a summary of the benefits you will receive upon contract renewal.

HR Templates @ Templates.net