[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Confirmation of Settlement via Telephone Conversation Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. I am writing to confirm our recent telephone conversation regarding the settlement of [briefly mention the case or dispute being settled], which took place on [date of the telephone conversation]. During our conversation, both parties engaged in a constructive discussion to resolve the matter amicably. I am pleased to announce that we have successfully reached a settlement agreement, which we consider fair and satisfactory to all parties involved. To summarize the terms of our settlement agreement, please find the following details: 1. Parties Involved: — [Your Name]: Represented by [Your attorney's name, if applicable] — [Recipient's Name]: Represented by [Recipient's attorney's name, if applicable] 2. Settlement Agreement: — [Briefly discuss the key terms agreed upon during the discussion] — [Mention any specific amounts or compensation agreed upon] — [Highlight any important actions or obligations to be fulfilled by either party] 3. Confidentiality: — Both parties agree to maintain strict confidentiality regarding the settlement terms and details discussed during our telephone conversation. — This agreement includes refraining from disclosing any settlement-related information to any third party, except as required by law. 4. Legal Documentation: — Both parties will work collaboratively to prepare the necessary legal documentation to formally execute and finalize the settlement agreement. — This includes drafting a comprehensive settlement agreement or consent order that encompasses all the terms we discussed during our conversation. — We will ensure that all necessary signatures are obtained to authenticate the settlement agreement. 5. Dismissal of Claims: — Upon the successful execution of the settlement agreement, both parties agree to dismiss any pending claims, suits, or actions related to the dispute in question. — This dismissal will be carried out in a competent court of jurisdiction, acknowledging the resolution of the matter. If you have any concerns or need further clarification regarding the settlement agreement, please do not hesitate to reach out to me at [Your Phone Number] or [Your Email Address]. I suggest that we maintain open lines of communication throughout the documentation and execution process. I urge you to collaborate with your attorney(s) to expedite the preparation of the settlement agreement for prompt finalization. Once completed, we can proceed with filing the necessary legal documents as per the agreement. Thank you for your attention and cooperation in resolving this matter efficiently. I genuinely believe that this settlement agreement will help bring an end to our dispute and prevent any further litigation. I look forward to the successful completion of the settlement agreement and putting this issue behind us. Furthermore, I trust that both parties will honor the terms of the agreement in good faith. Yours sincerely, [Your Name]