Paying Forgotten Referral Fee

Most of our business comes by word of mouth, and we seldom pay referral fees. However, because it was a new line of business, we offered an incentive to MDs who brought clients into our PhysicianCareerNetwork.™ One MD made a referral which resulted in a sale, and I mistakenly forgot about the referral fee. The MD, who had also given a professional speech to our monthly ExecuNet forum, reminded me about it, and we paid the fee in installments.

February 13, 20—

Tim, 

This is the first of three payments on your referral fee.  Once again, thanks for your delightful talk to ExecuNet—and thanks for being open and honest with me about your feelings. You are a true and highly-valued friend.

Bill

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