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.
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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
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
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
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