The Agreement Confirmation Letter is a crucial business document used in Singapore to formalize and document the understanding between parties following negotiations or discussions. It serves multiple purposes: providing clear written evidence of agreed terms, preventing future disputes, and ensuring compliance with Singapore's legal requirements for contract formation. This document is particularly important in commercial transactions where parties need to maintain clear records of their agreements and where multiple terms and conditions need to be explicitly confirmed.
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1. Date and Reference: The date of the confirmation letter and any reference numbers
2. Recipient Details: Full name, designation and address of the recipient
3. Subject Line: Clear identification of the agreement being confirmed
4. Salutation: Formal greeting to the recipient
5. Agreement Details: Summary of key terms and conditions being confirmed
6. Confirmation Statement: Clear statement confirming the agreement terms
7. Acknowledgment Request: Request for counter-signature or acknowledgment of receipt
8. Closing: Formal closing and signature block
1. Timeline Overview: Include when agreement involves specific dates, milestones or deadlines
2. Financial Terms Summary: Include when monetary terms or payment schedules are part of the agreement
3. Regulatory Compliance: Include when specific regulatory requirements or permits need to be highlighted
4. Next Steps: Include when specific actions are required after confirmation
1. Original Agreement: Copy of the main agreement being confirmed
2. Supporting Documentation: Relevant certificates, licenses, or permits referenced in the confirmation
3. Key Contacts List: List of relevant contacts for agreement implementation
4. Timeline Schedule: Detailed schedule of dates and deadlines if applicable
Relevant legal definitions
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