Letter of Intent (LOI) Format For Retainership With Commission on Sales in Word Format

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Letter of Intent (LOI) Format For Retainership With Commission on Sales in Word Format

                                                                                                                                         Date : 01-04-2027

To,                                                                                                                                          

Mr Amit Chakravarti

Plot No.14, Sepu Apartment,
Satysai Society,
Near Ramkrishna Wedding Hall,
Dattawadi
Nagpur-440001.(MH)

 

Dear Mr.  Amit 

Subsequent to the recent discussions you had with us, we are pleased to make the following offer: 

POSITION                            :   Retainer – Business Development

VALIDITY :                             :  Till 31^st  March 2028

CTC                                       : Rs. 0.25 (Rupees  Twenty Five Thousand per month .) &1% of the sales value without Tax & Discount over target achievement. & Travel Reimbursement Rs 10000/- Subject to actual  bills & travel approval

LOCATION                            : Nagpur

DATE OF JOINING             : On or before 1^st April, 2027

 

We would like you to join us by the above mentioned date failing which this offer will stand cancelled and withdrawn.

A detailed letter of appointment will be issued to you on your joining.

Kindly submit a copy of the following documents and bring the documents (in originals) with you on the day of joining –

 

1. Three copies of passport size photographs in formal attire

2. Copies of the Educational Qualification Certificates Secondary onwards

3. Appointment letter of the last Organization with a detailed CTC break up.

4. Last 3 Month’s Payslip

5. Release letter from your latest employer to be submitted on joining

6. Address Proof

7. Pan Card

 

Please also note that the authenticity of the above mentioned documents are subject to verification through authorized agencies and deviations found, if any, the management shall have the discretion to decide on the further proceedings. It is mandatory to furnish all the enlisted documents on your day of joining.

 

Kindly sign the duplicate copy of this letter as a token of your acceptance.

  

 Stabnet HR               

                                       

Retaining Fees  Break Up of Mr.  AMIT CHAKRAVARTY

 

Pay structure	PM in Rs	Commission on Sale Value
Retaining Fees	12,500	1% of the sales value without tax & Discount over target achievement & Travel Reimbursement tap to Rs 10000/-
Conveyance Expense Reimbursement	12,500
	25,000
*Travel Expense reimbursement as per Company Policy .Travel form to be submitted prior for approval & actual bills.

Download Retainership Letter of Intent (LOI) Format