Sample Letter for Bonus Cancellation in the Virgin Islands [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Position] [Company/Organization Name] [Company/Organization Address] [City, State, ZIP] Subject: Cancellation of Bonus Payment Dear [Recipient's Name], I hope this letter finds you well. I am writing to formally request the cancellation of the bonus payment that was scheduled to be given to me by [Company/Organization Name]. As an employee of [Company/Organization Name] in the beautiful Virgin Islands, I have always strived to give my best and contribute to the success of the company. However, due to unforeseen circumstances, I am no longer able to accept the bonus payment that was initially agreed upon. [If applicable, briefly explain the situation or reason why you cannot accept the bonus. For example, you may mention personal financial constraints, an unexpected career change, or any other relevant circumstance.] I greatly appreciate the recognition and generosity shown by [Company/Organization Name] in offering this bonus. However, I believe it is in the best interest of all parties involved to cancel the bonus payment at this time. I kindly request that you take the necessary steps to remove the bonus amount from my upcoming paycheck and adjust the relevant paperwork accordingly. Please keep in mind that this request is made in good faith, as I genuinely believe it is the most sensible course of action for both [Company/Organization Name] and me. I want to assure you that my dedication to my job remains unwavering, and I will continue to contribute to the growth and success of [Company/Organization Name] in any way I can. Thank you for your understanding and cooperation. Should you have any further questions or require additional information, please do not hesitate to reach out to me. Yours sincerely, [Your Name]