Puerto Rico Sample Letter for Settlement Check Enclosureur— - Full, Final and Absolute Mutual Release [Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, Zip Code] Subject: Full, Final and Absolute Mutual Release — Settlement Check Enclosed Dear [Recipient's Name], I hope this letter finds you well. I am writing to provide you with a detailed description and necessary documentation regarding the settlement agreement reached between [Your Name] and [Recipient's Name]. Enclosed herewith, you will find the settlement check, as well as the full, final, and absolute mutual release. The purpose of this letter is to formally notify you of the terms and conditions of our settlement and to ensure that both parties fully understand and comply with the agreement. Please review the enclosed documents thoroughly and seek legal advice if necessary. 1. Settlement Check: Enclosed herewith, please find the settlement check in the amount of [settlement amount], as agreed upon in our negotiations. This check is drawn on [Bank Name], and the funds are fully available for withdrawal. Please deposit or cash the check at your earliest convenience. 2. Full, Final, and Absolute Mutual Release: The enclosed full, final, and absolute mutual release document serves to release both parties, [Your Name] and [Recipient's Name], from any and all claims, causes of action, demands, and liabilities arising out of our previous disputes. By signing this document, both parties acknowledge that the settlement amount received constitutes full satisfaction and discharge of all obligations and claims against each other. Please take note of the following key details within the release document: a) Release of Claims: This section outlines the types of claims being released, including but not limited to, monetary claims, property claims, employment claims, personal injury claims, etc. b) Confidentiality Clause: This clause ensures that both parties agree not to disclose or discuss the terms of the settlement agreement with any third party, except legal and financial advisors. c) Governing Law and Jurisdiction: This section establishes that the laws of Puerto Rico govern the agreement and any disputes arising from it. It also specifies the jurisdiction and venue for any legal proceedings. I kindly request that you carefully review the settlement check and the full, final, and absolute mutual release. If you have any questions or concerns about the enclosed documents, please contact me at your earliest convenience using the contact details provided above. Please note that your acceptance of the settlement check and signing of the full, final, and absolute mutual release will indicate your agreement and compliance with the terms stated therein. Failure to do so within [timeframe] may result in a breach of our settlement agreement. Thank you for your prompt attention to this matter. I look forward to receiving a signed copy of the release document and hope that this settlement brings an end to our previous conflicts. Sincerely, [Your Name]
Puerto Rico Sample Letter for Settlement Check Enclosureur— - Full, Final and Absolute Mutual Release [Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, Zip Code] Subject: Full, Final and Absolute Mutual Release — Settlement Check Enclosed Dear [Recipient's Name], I hope this letter finds you well. I am writing to provide you with a detailed description and necessary documentation regarding the settlement agreement reached between [Your Name] and [Recipient's Name]. Enclosed herewith, you will find the settlement check, as well as the full, final, and absolute mutual release. The purpose of this letter is to formally notify you of the terms and conditions of our settlement and to ensure that both parties fully understand and comply with the agreement. Please review the enclosed documents thoroughly and seek legal advice if necessary. 1. Settlement Check: Enclosed herewith, please find the settlement check in the amount of [settlement amount], as agreed upon in our negotiations. This check is drawn on [Bank Name], and the funds are fully available for withdrawal. Please deposit or cash the check at your earliest convenience. 2. Full, Final, and Absolute Mutual Release: The enclosed full, final, and absolute mutual release document serves to release both parties, [Your Name] and [Recipient's Name], from any and all claims, causes of action, demands, and liabilities arising out of our previous disputes. By signing this document, both parties acknowledge that the settlement amount received constitutes full satisfaction and discharge of all obligations and claims against each other. Please take note of the following key details within the release document: a) Release of Claims: This section outlines the types of claims being released, including but not limited to, monetary claims, property claims, employment claims, personal injury claims, etc. b) Confidentiality Clause: This clause ensures that both parties agree not to disclose or discuss the terms of the settlement agreement with any third party, except legal and financial advisors. c) Governing Law and Jurisdiction: This section establishes that the laws of Puerto Rico govern the agreement and any disputes arising from it. It also specifies the jurisdiction and venue for any legal proceedings. I kindly request that you carefully review the settlement check and the full, final, and absolute mutual release. If you have any questions or concerns about the enclosed documents, please contact me at your earliest convenience using the contact details provided above. Please note that your acceptance of the settlement check and signing of the full, final, and absolute mutual release will indicate your agreement and compliance with the terms stated therein. Failure to do so within [timeframe] may result in a breach of our settlement agreement. Thank you for your prompt attention to this matter. I look forward to receiving a signed copy of the release document and hope that this settlement brings an end to our previous conflicts. Sincerely, [Your Name]
