Delaware Sample Letter Confirmation concerning Settlement via Telephone Conversation

• Category: Letters - Legal - Settlements
• State: Multi-State
• Control #: US-0345LTR
• Format: Word; Rich Text

Description

Sample Letter Confirmation concerning Settlement via Telephone Conversation [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Title] [Company Name] [Address] [City, State, ZIP] Dear [Recipient's Name], RE: Confirmation of Settlement Agreement via Telephone Conversation I am writing to formally confirm the settlement agreement we reached during our telephone conversation on [date] regarding the [lawsuit/arbitration/dispute] between [Plaintiff/Claimant] and [Defendant/Respondent]. As discussed, the settlement terms are as follows: 1. Parties Involved: — [Plaintiff/Claimant]: [Full Name— - [Defendant/Respondent]: [Full Name] 2. Case Information: — Case Number: [Enter Case Number— - Court/Arbitration Body: [Name of Court/Arbitration Body] 3. Settlement Details: — Settlement Amount: [Specify exact settlement amount] — Payment Method: [Specify payment method — e.g., wire transfer, check] - Payment Date: [Specify the agreed-upon payment date] — Installments (if applicable): [Provide details if the settlement is being paid in installments] 4. Release and Waiver: — Both parties have agreed to release each other from any present or future claims arising from the lawsuit/dispute. — A final release and waiver agreement will be prepared and signed by both parties. 5. Confidentiality: — Both parties agree to keep the settlement terms confidential and not to disclose any details to third parties, except as required by law. 6. Governing Law: — This settlement agreement shall be governed by the laws of the State of Delaware. Please note that this letter serves as a formal confirmation of the settlement agreement and should be considered legally binding. It is essential that both parties adhere to the terms outlined herein. To ensure a smooth resolution, I kindly request you to review the information provided and contact me if any revisions or clarifications are required. Upon your confirmation, I will proceed with the necessary steps to finalize the settlement as discussed. Thank you for your cooperation and prompt attention to this matter. I trust that this settlement will bring an end to the legal proceedings and allow both parties to move forward. Yours sincerely, [Your Name]

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Title] [Company Name] [Address] [City, State, ZIP] Dear [Recipient's Name], RE: Confirmation of Settlement Agreement via Telephone Conversation I am writing to formally confirm the settlement agreement we reached during our telephone conversation on [date] regarding the [lawsuit/arbitration/dispute] between [Plaintiff/Claimant] and [Defendant/Respondent]. As discussed, the settlement terms are as follows: 1. Parties Involved: — [Plaintiff/Claimant]: [Full Name— - [Defendant/Respondent]: [Full Name] 2. Case Information: — Case Number: [Enter Case Number— - Court/Arbitration Body: [Name of Court/Arbitration Body] 3. Settlement Details: — Settlement Amount: [Specify exact settlement amount] — Payment Method: [Specify payment method — e.g., wire transfer, check] - Payment Date: [Specify the agreed-upon payment date] — Installments (if applicable): [Provide details if the settlement is being paid in installments] 4. Release and Waiver: — Both parties have agreed to release each other from any present or future claims arising from the lawsuit/dispute. — A final release and waiver agreement will be prepared and signed by both parties. 5. Confidentiality: — Both parties agree to keep the settlement terms confidential and not to disclose any details to third parties, except as required by law. 6. Governing Law: — This settlement agreement shall be governed by the laws of the State of Delaware. Please note that this letter serves as a formal confirmation of the settlement agreement and should be considered legally binding. It is essential that both parties adhere to the terms outlined herein. To ensure a smooth resolution, I kindly request you to review the information provided and contact me if any revisions or clarifications are required. Upon your confirmation, I will proceed with the necessary steps to finalize the settlement as discussed. Thank you for your cooperation and prompt attention to this matter. I trust that this settlement will bring an end to the legal proceedings and allow both parties to move forward. Yours sincerely, [Your Name]