A contract acceptance letter is a formal letter that confirms that you have accepted the terms and conditions. Here's what you should know.Can I back out of it if I receive a better offer from another company? An offer letter is a document that holds the terms of employment for a new hire. It includes the salary, benefits, and other important information. It's just an "offer". Set out your response to the job offer letter. San Jose, CA. Dear Sohail,. Introducing Year Up United! Read the letter from our CEO and President, Ellen McClain. ×.