[Date]
[Name]
[Address]
Sub: Violation of employment contract
Dear [Ms./Mr. Last name],
Please be informed that you have been found to be in violation of the employment contract that you entered into with [Company] on October 14, 1998, following your job interview and selection.
In Section II, Part 3, the employment contract clearly states that you cannot be employed by a competing entity for up to 10 years following your resignation or termination.
As you are aware, [Company] terminated your services on September 18, 2008, after an internal investigation revealed you had been trading without authorization and could have caused [Company] a monetary loss of $2.5 billion, a drastic erosion of the value of the company's shares, and irreparable damage to the company's reputation.
We have reason to believe that your employment with [Company] violates the employment contract, even though [Company] is not engaged in the same line of business as we are.
As you may be aware, [Company] is majority-owned by the [City]-based [Company], one of our direct competitors in the Australasia region.
We would now like to inform you that you are legally obliged to bring this fact to the notice of your employer and discontinue your association with them no later than October 5, 2011.
Failure to comply can and will lead to criminal proceedings being initiated against you by [Company].
If you have any questions, please contact the undersigned or the HR department.
Sincerely,
[Signature]
[Name]
[Title]
