A salary increment for renewal of employment contract sounds kind of complex. The best thing to do is to use a standardised contract templates.
You can find one here: http://www.printablecontracts.com/
You'll also need to write a brief letter explaining exactly what the main changes in the contract are.
There are two parts that will need to be highlighted best on what you have asked:
- The time period the new contract will be valid for. This is standard procedure for contract renewal.
- What the increment in salary is in real terms.
For example you could write a letter like:
Dear John Smith,
Please find enclosed your new contract.
This contract will commence from 21-03-14 and run until 21-03-15.
You will also notice a salary increment of 10% in regards to your previous salary, taking your earnings per annum to $110,000.
Regards,
Steve Jones.