Business Letter

Letter of Understanding

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Kathleen Talmage

34 Golf Course Drive

Anytown, Texas 22200

September 5, 2019

Dear Ms.Talmage,

I want to once again thank you for coming in for a meeting with me on Friday, October 7th, 2019. I think we made some great progress towards reaching your goals.

As per our meeting, I just want to reaffirm the agreement we made:

1) I will act as your business consultant until the end of 2020.

2) I will handle everything in terms of sales and sales training

3) I will be compensated with a base salary of $5000 per month, plus 30% of the commissions my sales team makes.

Please respond to verify that the contents of this letter are correct and you wish to continue pursuing our relationship!

Sincerely,

David Lee

Manager

ACME Financial Services

123 Business Road

Business City, NY 54321

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