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5 Best Negotiation Strategies for Contract Renewal Extract Further Value from Current Contracts. ... Don't Put Off Contract Review Until it's Time to Renew. ... Create a Library of Preferred Terms & Templates. ... Never Miss Deadlines. ... Leverage Contract Renewal Software Data for Informed Negotiations.
Template Email Dear [Employee Name], I hope this email finds you well. As you are aware, your current employment contract with [Company Name] is set to expire on [Contract Expiration Date]. I am writing to renew your contract for another [Duration] years.
I hope this email finds you well. I would like to formally request the renewal of my employment contract, which is set to expire on [expiration date]. Over the past [contract period], I have had the privilege of working with [Company Name] and have been grateful for the opportunities and experiences it has provided.
Dear [First Name], First and foremost, we want to thank you for your continued investment with [Organization]. Without your loyalty and support, we would not be able to continuously provide our members with valuable benefits and actively develop our [community or industry]. Put simply, you make what we do possible.
I hope this email finds you well. I would like to formally request the renewal of my employment contract, which is set to expire on [expiration date]. Over the past [contract period], I have had the privilege of working with [Company Name] and have been grateful for the opportunities and experiences it has provided.
Dear [Name], Refer to the License Agreement between [Name of the Owner] and [Name of renter] dated [Date]. The term is set to lapse on [Date]. We have been extremely happy with our association and we would be interested in offering a renewal in the Agreement for a further term of [weeks, months, years].
If your contract isn't renewed automatically, you'll have to ask request a contract renewal. This can be done by engaging with the counterparty's customer success or sales team and expressing your interest to continue your existing arrangement.