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Letter
from Supplier on company letterhead
Date
Findstone
Internet Limited
Shreeniwas House, 2nd floor
H. Somani Road, Fort
Mumbai (Bombay) 400001
India
Attn: Mr. Vinay R. Somani,
Managing Director
Dear Sirs:
We confirm we will pay you
5% commission on invoice value on sales made to buyers introduced through
you. Commission will be paid
on a pro-rata basis by bank transfer. If payment is delayed beyond one
month, we shall pay 15% interest per annum. You and we can mutually agree
to different commission rates in special cases in writing.
At
the end of our financial year, i.e. by ……….(write
month / and day of month only, not the year), we will give you
a certificate from our auditor confirming the sales done by us or our
associate companies with each of the buyers and their associate companies
introduced through you.
Disputes
between us will be settled by arbitration through the Chamber of Commerce
in our area. Disputes will be restricted to commission amounts only and
will not be for any damages, losses, claims, etc. Non-payment of commissions
for a period of 3 months can be treated as a dispute. It is understood
that dealings will be done directly between us and the buyers and you
shall not be liable in any way.
Sincerely,
(signature)
(name)
(designation)
Please
print this on your letterhead after removing the items in blue. Then fax
it to us on +91-22-22035410 and then mail it along with your catalog and
business cards.
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