[DATE] Dear ___________,
Congratulations! It is a pleasure to inform you that you have been selected as an in-residence technical fellow for the FACTORY x Fellowship program in San Francisco. As part of the program you’ll be awarded a monthly stipend of $[AMOUNT] to help support your incidental living expenses during the fellowship period.
The fellowship will be active and the monthly stipend will be provided to you from [DATE] through [DATE] provided that you remain in good standing with the terms of the Operating Guide (Code of Conduct, House Rules and Fellowship Terms) and do not assume responsibility for another full-time commitment during this time period. The Operating Guide governs the Fellowship, and fellows are expected to act in good faith at all times to follow the procedures and practices outlined therein.
If you wish to accept the Fellowship, please return a signed copy of this acceptance letter no later than [DATE]. We look forward to having you join the FACTORY x family!
Sincerely,
Tom Chi
CEO, FactoryX
[ ] I do not accept the Fellowship because _______
[ ] I accept the Fellowship. I have reviewed the Operating Guide and I understand that my acceptance of the Fellowship constitutes acceptance of all terms and conditions set forth in the Operating Guide.
(signature) (date)