Connecticut Sample Letter for Settlement Offer — Authorization of Settlement Offer [Your Name] [Your Address] [City, State, Zip] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Position] [Recipient's Company] [Company Address] [City, State, Zip] Subject: Authorization of Settlement Offer Dear [Recipient's Name], I hope this letter finds you in good health. I am writing to formally authorize the settlement offer proposed by [Your Company] in relation to the [briefly describe the case]. After careful consideration, I am confident that putting this matter to rest through a settlement is in the best interest of both parties involved. I, [Your Name], as the authorized representative of [Your Company], hereby give my consent to proceed with the settlement offer as outlined in the attached document titled "Settlement Offer." This offer includes the following terms and conditions: 1. Amount: The settlement offer proposes a payment of [state the amount] as full and final settlement of all claims related to the [briefly describe the case]. This amount takes into account the damages incurred by [Your Company] and aims to avoid additional litigation expenses. 2. Payment Method: We propose the settlement amount to be paid via [state the preferred payment method], which is the most convenient and secure method for both parties. Please provide the necessary instructions regarding the payment process and any associated deadlines. 3. Agreement Execution: Upon acceptance of this settlement offer, we kindly request your promptness in preparing all necessary documentation to finalize the settlement agreement. This should include the release of claims, confidentiality clauses, and any other relevant terms or requirements deemed appropriate. Should the aforementioned settlement terms require any modifications or discussions, please notify me promptly to avoid any unnecessary delays in reaching a resolution. Mutual understanding and cooperation are of utmost importance in achieving a fair and efficient settlement. We believe that accepting this settlement offer will lead to a faster resolution while allowing both parties to move forward without the burden of prolonged litigation. We also hope that it will foster a positive working relationship between our organizations in the future. Thank you for your attention to this matter, and we look forward to your timely response. Should you have any questions, concerns, or require any further information from our side, please do not hesitate to contact me directly at [Your Phone Number] or [Your Email Address]. Yours sincerely, [Your Name] [Your Title] [Your Company] Enclosure: Settlement Offer.