Dear [Recipient's Name], I hope this letter finds you well. I am writing to formally confirm our oral agreement regarding [description of the agreement]. In order to ensure clarity and avoid any potential misunderstandings, I believe it is essential to outline the terms and conditions of our agreement as follows: 1. Parties involved: This agreement is between [Your Company Name] (referred to as "Provider") and [Recipient's Company Name] (referred to as "Client"). 2. Date and time of agreement: The oral agreement was reached on [date] at [time] during a meeting held at [location]. 3. Scope of the agreement: The main purpose of this agreement is to outline the terms of [describe the nature of the agreement]. This includes [specific tasks, responsibilities, deliverables, or services to be provided]. 4. Duration of the agreement: The agreement shall be effective starting from [date] and shall continue until [end date], unless terminated earlier than per the terms mentioned herein. 5. Payment terms: The agreed-upon payment terms are as follows: [specify the payment schedule, method, currency, and any other relevant details]. Any additional expenses incurred during the provision of services shall be discussed and mutually agreed upon in writing prior to their execution. 6. Confidentiality and Non-disclosure: Both parties acknowledge the confidential nature of certain information exchanged during the course of this agreement. Each party agrees to maintain strict confidentiality and not disclose or use any confidential information for any other purpose without prior written consent, except as required by law. 7. Amendments and termination: Any amendments or modifications to this agreement must be made in writing and signed by both parties. Either party may terminate this agreement in the event of a breach by providing written notice to the other party. 8. Governing law and jurisdiction: This agreement shall be governed by and construed in accordance with the laws of the state of North Carolina. Any legal proceedings arising out of or relating to this agreement shall be exclusively brought in the courts situated in [specific county], North Carolina. Please kindly review the terms outlined above and confirm your agreement by signing and returning a copy of this letter. Should you have any questions or require further clarification, please do not hesitate to reach out to me. Thank you for your attention to this matter, and I look forward to maintaining a positive and mutually beneficial business relationship. Yours sincerely, [Your Name] [Your Position/Title] [Your Company Name]
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.