Splitting & Summing at the Same Time

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The process is as follows,

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This letter serves as a formal notice regarding the confidential nature of the documents and information (hereinafter referred to as "Confidential Information") that have been and will be shared between [Your Company Name] and [Recipient's Company] as part of the ongoing discussions related to [describe the project or transaction]. The Confidential Information is disclosed under the strict understanding that it will be used solely for the purpose of evaluating or carrying out the aforementioned project or transaction.

1. Definition of Confidential Information
Confidential Information includes, but is not limited to, all data, materials, products, technology, computer programs, specifications, manuals, business plans, software, marketing plans, financial information, and other information disclosed or submitted, orally, in writing, or by any other media. The information may pertain to [specific industry or field relevant to the transaction].

2. Obligations of Recipient
a. The Recipient agrees to limit disclosure of Confidential Information within its own organization to its directors, officers, partners, members, employees, and/or independent contractors (collectively referred to as "Affiliates") having a need to know and shall not disclose such Confidential Information to any third party (including subsidiaries) without the prior written consent of [Your Company Name].
b. The Recipient agrees to take all reasonable measures to protect the secrecy of and avoid disclosure or use of Confidential Information in order to prevent it from falling into the public domain or the possession of unauthorized persons. Measures shall include the highest degree of care that the recipient utilizes to protect its own Confidential Information of a similar nature.
c. The Recipient agrees not to use any Confidential Information for any purpose except to evaluate and engage in discussions concerning a potential business relationship.

3. Exclusions from Confidential Information
Confidential Information does not include information that:
a. is or becomes publicly known through no breach of this agreement by the recipient;
b. is received from a third party without breach of any obligation of confidentiality;
c. is independently developed by the recipient without use of or reference to the sender’s Confidential Information; or
d. must be disclosed under any statutory, legal or parliamentary obligation placed upon the party making the disclosure, including any stock exchange regulation.

4. Term of Confidentiality
The confidentiality obligations of the Recipient shall remain in effect for a period of [specify period] after the date of disclosure of any Confidential Information.

5. Miscellaneous
This notice is intended as a summary of certain key aspects of the confidentiality agreement and does not disclose all terms and conditions. A formal Non-Disclosure Agreement should be reviewed and signed by the authorized representatives of both parties.

6. Acknowledgement
Please acknowledge receipt of this notice and confirm your agreement to the terms outlined by returning a signed copy of this letter.

instruction and with full authority. This letter serves as a formal legal notice concerning serious deficiencies and failures to comply with established agreements and statutory obligations as identified during our ongoing compliance reviews and subsequent investigations.

Background

As per the contractual obligations established in the agreement dated [insert agreement date], between [Your Company Name] ("the Company") and [Recipient's Name/Company Name] ("the Party"), wherein the Party agreed to [briefly describe the obligations, e.g., provide certain services, deliver specified goods, ensure operational compliance], it has come to our attention that there have been multiple and substantive failures on your part to meet these obligations.

Instances of Non-Compliance

Failure to Deliver as per Agreement Specifications: Contrary to clause [specify], which outlines the requirement for [specific requirements], it was noted as of [specific dates], that:

[Detail specific instances of non-compliance, e.g., delivery of goods which did not meet specified quality standards].

[Further instances].

Repeated Violations: Notwithstanding prior communications addressed to you on [dates of prior communications] requesting immediate corrective measures, there remains a lack of satisfactory action on your part to rectify these breaches. These communications are hereby referenced and annexed to this notice for your review.

Impact of Non-Compliance:

Operational Impact: [Describe how these breaches have affected your business operations, customer relations, etc.].

Financial Impact: Estimated financial losses amount to [specify amount], arising from [explain the basis of the losses].

Legal and Regulatory Impact: Non-compliance has further exposed our Company to risks of [mention any regulatory risks, potential fines, etc.].

Legal Grounds

This notice is issued pursuant to the terms outlined in [reference specific contract clauses and any relevant laws or regulations]. Under these terms, your actions constitute a [type of breach, e.g., material breach], allowing us to invoke [mention the contractual remedies available, e.g., termination of the agreement, seeking of damages, etc.].

Demand for Immediate Action

You are hereby required, within [specify time frame, e.g., 30 days] from the date of this notice, to:

Cease all non-compliant activities;

Take immediate corrective action to rectify all breaches noted herein;

Provide a written response outlining the actions taken to address these issues.

Failure to comply within the stated timeframe will compel us to take further action, including but not limited to:

Formal termination of our agreements;

Initiation of legal proceedings to recover damages and enforce compliance through specific performance or injunctive relief.