[Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, Zip Code] Subject: Confirmation of Settlement via Telephone Conversation Dear [Recipient's Name], I am writing to confirm our recent settlement agreement reached during our telephone conversation on [Date of Conversation]. This letter serves as an official confirmation of the terms discussed and agreed upon regarding the settlement of our ongoing dispute. In our conversation, we had a thorough discussion concerning the resolution of the matter at hand. I would like to summarize the key terms and conditions that have been mutually agreed upon: 1. Parties Involved: — [Your Name/Your Company Name— - [Recipient's Name/Recipient's Company Name] 2. Description of Settlement: — [Briefly describsubjecteder of the dispute] — [Specify the areas of contention that have been agreed upon for settlement] 3. Terms of Settlement: — [State the agreed-upon financial terms or any other forms of compensation] — [Specify any specific actions required to be taken by either party] — [Include any agreed-upon deadlines or timelines] 4. Confidentiality: — [Agree upon the confidentiality of the settlement terms, if applicable] — [State the consequences for any breach of confidentiality] 5. Release of Claims: — [Mutually release each other from any further claims or liabilities related to the dispute] — [Specify that this settlement agreement resolves all disputes related to the matter] 6. Governing Law: — [Specify the state laws of Montana that govern this settlement agreement] — [Include any other relevant legal considerations] Please note that this settlement agreement is binding on both parties, and by signing this letter, we acknowledge our understanding and agreement to its terms. To signify your acceptance, please sign and return a copy of this letter by [Deadline for Return of Signed Letter]. In the event that there are any changes or clarifications required regarding the content of this letter, please notify me within [Timeframe for Notification]. Thank you for your cooperation and prompt attention to this matter. I believe that this settlement will allow both parties to move forward amicably and prevent any further escalation of the dispute. Should you have any questions or require any further information, please do not hesitate to contact me at [Phone Number] or via email at [Email Address]. I look forward to the swift resolution of this matter and a favorable outcome. Yours sincerely, [Your Name]