Letter for The Establishment of An Incentive Award Program :
This letter should be typed in the official letter-head of the company.
The Company's NameDoor Number and Street's Name,
Postal Code : XXXXXX
Phone Number : 0000 - 123456789
The Receiver's Name,
Door Number and Street's Name,
Postal Code : XXXXXXX
We are pleased to announce the establishment of an Incentive Award Program for our authorized distributors in 2009. This program has been instituted to reward your distributorships for the balanced development of your market areas. The award is basedon the mix of your HVAC business in key product and package categories. These categories are designed to measure objectively the scope of your product lines and their distribution into various market segments.
The award will be issued as a monthly credit memo to your regular product invoices. The program is effective from May 15 to the end of the year.
We hope you will agree that this is a positive step to acknowledge our appreciation for you as a distributor and to reinforce the strategies that lead to our mutual success in themarketplace.
(The Sender's Signature)
The Sender's Name
Letter for The Establishment of An Incentive Award Program
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