In the 1980s when the oilfield crashed, oil companies were laying off employees by the thousands. We opened a satellite office in Houston, and generated $500,000 in revenue the first year. When the oil industry rebounded, we closed the office. We made a clean break by finding a neighbor to expand into our offices. This letter ended our telephone lease.
April 30, 20—
Brad van Vliet
Texas Communications Enterprises
597 Woods Boulevard, STE 2900
Stafford, TX 77477
Dear Brad,
This will confirm that we have closed our business office in Houston and wish to terminate our rental agreement with Texas Communications.
Our office at 2755 Post Oak Parkway, Suite 160, has been leased by Mark MacDonald, President of MacDonald Management, Ltd.Mark and his staff have keys to Suite 160. Please remove your equipment from the suite as soon as practical.
Sarah Spooner, our Senior Vice President, was in charge of our Houston office. You may contact her to work out any remaining details in this transaction. Her number is 303-555-1212.
Sincerely yours,
William S. Frank