A letter of intent (LOI) contract extension is a written agreement between two parties to extend the existing contract for a particular period. It is a document that outlines the terms and conditions of the extension and serves as a means of formal communication between the parties involved.

When it comes to writing a letter of intent contract extension, it is essential to ensure that the document is well-structured, clear, and concise. This is because a poorly written LOI can lead to confusion and misunderstandings between the parties involved.

To help guide you in writing a well-written LOI, here is a sample letter of intent contract extension:

[Your Name]

[Your Address]

[City, State ZIP Code]

[Date]

[Recipient`s Name]

[Recipient`s Address]

[City, State ZIP Code]

Dear [Recipient`s Name],

I am writing this letter to request an extension of the contract that we signed on [date]. As you are aware, the original contract was set to expire on [expiry date], and I would like to extend it for an additional [number of months/years].

The terms and conditions of the extension are as follows:

1. The contract extension will commence on [start date] and expire on [end date].

2. The terms and conditions of the original contract will remain in effect during the extension period.

3. The extension period will be subject to the same terms and conditions as the original contract.

4. The extension period will be subject to [list any new terms and conditions that need to be added].

I will appreciate it if you could sign and return a copy of this letter to indicate your acceptance of the terms and conditions of the contract extension.

Kindly let me know if you have any questions or concerns regarding the extension. I look forward to a continued positive working relationship with you.

Sincerely,

[Your Name and Signature]

In conclusion, a letter of intent contract extension is a crucial document that helps to formalize the extension of an existing contract. As a professional, it is essential to ensure that the document is clear and concise, with all the necessary terms and conditions adequately outlined. By following the sample letter of intent contract extension provided above, you can create a well-written LOI that will stand the test of time.