[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Cancellation of Bonus Payment Dear [Recipient's Name], I hope this letter finds you well. I am writing to inform you about the cancellation of the bonus payment that was previously scheduled to be issued to me as an employee of [Company Name]. I regret to inform you that due to unforeseen circumstances, I am no longer eligible to receive the bonus. Furthermore, I understand that bonuses are typically awarded as a means to recognize outstanding performance or achievement. However, unfortunately, I am unable to meet the required criteria for this bonus due to [briefly explain the reason for ineligibility]. I want to assure you that I have thoroughly assessed the situation and conducted a self-evaluation based on the bonus criteria. It is with genuine regret that I acknowledge my failure to meet the necessary standards, which has led to the cancellation of my bonus entitlement. Though this news comes as a disappointment to me, I fully acknowledge the fairness of this decision. It is entirely understandable that the company's policy necessitates the cancellation of bonuses for employees who do not meet the specified criteria. I accept this outcome with professionalism and respect for the organization's policies. I would like to take this opportunity to express my sincere apologies for my inability to meet the bonus requirements. Furthermore, I assure you that I will strive to improve my performance and contribute more effectively to the success of the company in the future. If appropriate, I would appreciate the opportunity to discuss my performance and identify areas for growth or improvement. I value your guidance and feedback, and I am committed to enhancing my skills and expertise within my role. Thank you for your understanding in this matter. I remain dedicated to the company's vision and goals and will continue to give my best effort to ensure its success. I appreciate your attention to this matter and your prompt communication regarding the cancellation of my bonus payment. Should you require any further information or need to discuss this matter, please do not hesitate to reach out to me. I would be grateful for the chance to address any concerns or questions you may have. Once again, I apologize for any inconvenience caused, and I look forward to your continued support as we move forward. Yours sincerely, [Your Name]