Learn what a letter of agreement is and how to write one, including a template and example to help you get started crafting your own. This AGREEMENT, hereinafter referred to as the AGREEMENT, is entered into between the County of Hennepin, hereinafter.This Memorandum ofAgreement represents the complete and total agreement between the parties regarding this matter. The Board shall give each teacher a letter defining the teacher's salary, performance increment and lane placement for the school year. A Letter of Agreement is a document that outlines the terms and conditions of an agreement between two parties, like a more concise version of a contract. A. Express in written form the complete AGREEMENT between the parties on hours, wages and other conditions of employment. The purpose of the meeting is to try to reach an agreement between you and the other party to settle the dispute.