Many thanks for your application for the sole agency as well as Del credere agency for our TV sets. We are happy to note that you have a decade-long experience in the distribution of electronic items, and you have a network of sub-agents in important localities.
Your terms for both the sole agency and Del credere agency are acceptable to us. We arc pleased to appoint you as our sole agent and Del credere agent for the city with effect from______ (date), for a two year period to begin with.
We are drawing up a formal contract, and will send it to you shortly for acceptance and execution.