RESTRUCTURING LETTER

123 Main Street

Anytown, MA 12345

435-567-8805

Anne.r@email.com

March 15, 2022

James Lee

Managing Editor

Acme Graphic & Design

123 Business Rd.

Happy City, MA, 54321

Dear Mr. Lee,

I hope this letter finds you well.

Thank you for your business the past few years. It’s been a pleasure working with you and your team over the years. We are following up with you in regards to the design orders for the second and third quarter.

We have been restructuring our business plan as a result of the massive loss we endured due to the Global pandemic. As of May 1st 2022, we will be ending our partnership and not renewing our contract with your company. We will remit payment for the first quarter per net 90 terms.

We appreciate all the great work we have been able to do together and hope to reconnect in the future. Thank you for your time.

Respectfully,

Roshie Anne

Senior Design Manager