Nebraska 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 Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Position] [Company/Organization Name] [Address] [City, State, Zip Code] Subject: Confirmation of Settlement via Telephone Conversation Dear [Recipient's Name], I hope this letter finds you in good health. I am writing to provide a formal confirmation of our recent settlement agreement reached during our telephone conversation on [Date] regarding the matter of [Case/File Number]. Please note that this letter is intended to serve as a legal confirmation of our verbal agreement. As per our conversation, the details of the settlement agreement are as follows: 1. Parties Involved: — Plaintiff: [Your Name— - Defendant: [Recipient's Name/Company Name] 2. Settlement Amount: — The parties have agreed on a settlement amount of [Specify Dollar Amount] to be paid by [Defendant's Name] to [Plaintiff's Name] in full and final settlement of all claims related to [Case Description]. This amount shall be paid as follows: [Specify Payment Terms, e.g., lump sum, installments, etc.]. 3. Release of Claims: — Upon receipt of the agreed settlement amount, [Plaintiff's Name] hereby releases and discharges [Defendant's Name/Company Name] from any and all present or future claims, liabilities, costs, or damages arising from [Case Description]. 4. Confidentiality: — Both parties agree to keep the terms and conditions of this settlement agreement confidential and shall refrain from making any public statements or disclosing any information related to this matter without prior written consent from the other party. 5. Termination of Legal Proceedings: — In light of this settlement, [Plaintiff's Name] agrees to withdraw the legal proceedings initiated against [Defendant's Name/Company Name] in relation to [Case Description]. Similarly, [Defendant's Name/Company Name] shall abstain from pursuing any counterclaims or legal actions against [Plaintiff's Name] concerning this matter. 6. Governing Law: — This settlement agreement shall be governed by and interpreted in accordance with the laws of the State of Nebraska. Please note that this letter is not intended to create a legally binding contract on its own. It serves as a written confirmation of our mutual understanding during our telephone conversation. Each party shall execute a separate agreement containing the above terms and conditions for it to be legally enforceable. If you are in agreement with the details mentioned above, kindly indicate your acceptance by signing and returning a copy of this letter within [Specify Timeframe]. In case of any discrepancies or if you require further clarification, please do not hesitate to contact me at [Your Phone Number] or via email at [Your Email Address]. Thank you for your attention to this matter, and I look forward to the timely resolution and settlement of this case. Yours sincerely, [Your Name] [Your Title/Designation] [Company/Organization Name]

[Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Position] [Company/Organization Name] [Address] [City, State, Zip Code] Subject: Confirmation of Settlement via Telephone Conversation Dear [Recipient's Name], I hope this letter finds you in good health. I am writing to provide a formal confirmation of our recent settlement agreement reached during our telephone conversation on [Date] regarding the matter of [Case/File Number]. Please note that this letter is intended to serve as a legal confirmation of our verbal agreement. As per our conversation, the details of the settlement agreement are as follows: 1. Parties Involved: — Plaintiff: [Your Name— - Defendant: [Recipient's Name/Company Name] 2. Settlement Amount: — The parties have agreed on a settlement amount of [Specify Dollar Amount] to be paid by [Defendant's Name] to [Plaintiff's Name] in full and final settlement of all claims related to [Case Description]. This amount shall be paid as follows: [Specify Payment Terms, e.g., lump sum, installments, etc.]. 3. Release of Claims: — Upon receipt of the agreed settlement amount, [Plaintiff's Name] hereby releases and discharges [Defendant's Name/Company Name] from any and all present or future claims, liabilities, costs, or damages arising from [Case Description]. 4. Confidentiality: — Both parties agree to keep the terms and conditions of this settlement agreement confidential and shall refrain from making any public statements or disclosing any information related to this matter without prior written consent from the other party. 5. Termination of Legal Proceedings: — In light of this settlement, [Plaintiff's Name] agrees to withdraw the legal proceedings initiated against [Defendant's Name/Company Name] in relation to [Case Description]. Similarly, [Defendant's Name/Company Name] shall abstain from pursuing any counterclaims or legal actions against [Plaintiff's Name] concerning this matter. 6. Governing Law: — This settlement agreement shall be governed by and interpreted in accordance with the laws of the State of Nebraska. Please note that this letter is not intended to create a legally binding contract on its own. It serves as a written confirmation of our mutual understanding during our telephone conversation. Each party shall execute a separate agreement containing the above terms and conditions for it to be legally enforceable. If you are in agreement with the details mentioned above, kindly indicate your acceptance by signing and returning a copy of this letter within [Specify Timeframe]. In case of any discrepancies or if you require further clarification, please do not hesitate to contact me at [Your Phone Number] or via email at [Your Email Address]. Thank you for your attention to this matter, and I look forward to the timely resolution and settlement of this case. Yours sincerely, [Your Name] [Your Title/Designation] [Company/Organization Name]