<td><form:label path="paymenttype">Client Payment Type:</form:label></td> 
<td> 
<form:select path="paymenttype" > 
<form:option value="Select" label="Select" /> 
<form:option value="Monthly" label="Monthly" /> 
<form:option value="Quaterly" label="Quaterly" /> 
<form:option value="Half-Yearly" label="Half-Yearly" /> 
<form:option value="Yearly" label="Yearly" /> 
</form:select> 
</td>