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Counter Offer Acceptance Letter Template for Philippines

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Key Requirements PROMPT example:

Counter Offer Acceptance Letter

"I need a Counter Offer Acceptance Letter to accept a vendor's modified terms for a software development project, where they've proposed a new payment schedule and extended delivery timeline to March 2025; this needs to be compliant with Philippine law and include specific reference to the original terms."

Document background
The Counter Offer Acceptance Letter is used in Philippine business and legal contexts when a party wishes to formally accept terms proposed in a counter offer, following initial negotiations. This document is essential in the contract formation process under Philippine law, particularly governed by the Civil Code of the Philippines (Republic Act No. 386) and related commercial legislation. It's typically used after an initial offer was made, a counter offer was proposed with modified terms, and the original offering party now wishes to accept those modified terms. The letter must clearly identify the parties, reference the previous communications, explicitly state the acceptance, and confirm the final terms being accepted. The document serves as evidence of agreement formation and helps prevent future disputes about the terms accepted.
Suggested Sections

1. Letter Header: Include sender's details, date, and recipient's details in proper business letter format

2. Reference Line: Clear reference to the original offer and subsequent counter offer, including relevant dates and reference numbers

3. Subject Line: Clear indication that this is an acceptance of counter offer

4. Acceptance Statement: Express and unequivocal statement of acceptance of the counter offer terms

5. Terms Confirmation: Brief restatement of key terms being accepted to ensure clarity and prevent future disputes

6. Next Steps: Clear indication of immediate next steps or actions required from either party

7. Closing: Professional closing, signature block, and contact information

Optional Sections

1. Conditions Precedent: Include if there are any conditions that must be met before the acceptance becomes effective

2. Timeline Overview: Include when there are specific deadlines or milestones that need to be highlighted

3. Document List: Include when additional documents need to be referenced or attached

4. Modification Statement: Include if any minor modifications to the counter offer terms are being proposed (note: significant modifications would create a new counter offer)

Suggested Schedules

1. Original Offer Summary: Summary of the original offer terms for reference

2. Counter Offer Terms: Detailed listing of the counter offer terms being accepted

3. Supporting Documents: Any relevant supporting documents or certificates required for the transaction

4. Timeline Schedule: Detailed timeline of implementation or next steps, if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ 黑料视频 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




















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Relevant Industries

Real Estate

Manufacturing

Retail

Construction

Professional Services

Information Technology

Financial Services

Healthcare

Education

Telecommunications

Energy

Transportation and Logistics

Agriculture

Mining and Resources

Relevant Teams

Legal

Procurement

Sales

Business Development

Operations

Finance

Commercial

Contract Administration

Supply Chain

Risk Management

Compliance

Corporate Affairs

Relevant Roles

Legal Counsel

Contract Manager

Business Development Manager

Procurement Manager

Sales Director

Chief Executive Officer

Chief Financial Officer

Operations Manager

Project Manager

Commercial Director

Real Estate Agent

Property Manager

Purchasing Manager

Supply Chain Manager

Account Executive

Business Owner

General Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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