Simple Payment Agreement Letter

October 18, 2059

[RECIPIENT'S NAME]
[RECIPIENT'S ADDRESS]

Dear [RECIPIENT'S NAME],

I hope this letter finds you well. I am writing to discuss the Simple Payment Agreement Letter that lays out the terms of our agreement. This letter is to make sure we're both on the same page about this agreement and to avoid any potential issues in the future.

In line with the agreement, the payment for [PRODUCT/SERVICE] will be made in regular installments over a period of [DURATION]. This schedule was decided upon to ensure a smooth payment process, and to give both parties the ease and clarity of knowing exactly when each payment is due.

If for any reason, this arrangement becomes unfeasible, either party can request a renegotiation ensuring it remains mutually beneficial. Thank you for your understanding, and I am looking forward to doing business with you.

Sincerely,

[YOUR NAME]
[POSITION]