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 Address] [City, State, ZIP] Subject: Settlement Confirmation via Telephone Conversation Dear [Recipient's Name], I am writing to confirm the details of our settlement discussion held via telephone on [date]. As per our conversation, this letter serves as confirmation of the agreement reached as well as the terms and conditions agreed upon for this settlement. I would like to outline the specific details and obligations of the settlement as agreed during our conversation: 1. Parties Involved: Claimant: [Your Name] Defendant: [Recipient's Name] 2. Settlement Amount: The agreed settlement amount is $[X], which will be paid by the Defendant to the Claimant in [the agreed manner of payment, e.g., check, electronic transfer, etc.] by [agreed upon date]. 3. Release of Claims: Upon receipt of the settlement payment in full, the Claimant agrees to release the Defendant, their representatives, agents, affiliates, and insurers from any and all claims, demands, actions, and causes of action related to the matter in question. 4. Confidentiality: Both parties mutually agree to maintain confidentiality regarding the terms of this settlement and the underlying dispute. This clause prevents either party from disclosing any details of this agreement to any third-party, except as required by law. 5. Governing Law: The laws of the State of Rhode Island shall govern the interpretation, validity, and enforcement of this settlement agreement. Please note that this letter is meant to document our agreement and is not intended to override or replace any formal or legally binding contract that may be executed subsequently. If there are any changes or clarifications necessary to this settlement agreement, kindly inform me within seven (7) days of receiving this letter. Failure to do so will be taken as an acceptance of the terms as outlined in this confirmation letter. If you have any questions or require any further information, please do not hesitate to contact me at [your phone number] or [your email address]. Thank you for your attention to this matter. I look forward to the prompt resolution of our dispute in accordance with the terms of this settlement agreement. Yours sincerely, [Your Name]
[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Settlement Confirmation via Telephone Conversation Dear [Recipient's Name], I am writing to confirm the details of our settlement discussion held via telephone on [date]. As per our conversation, this letter serves as confirmation of the agreement reached as well as the terms and conditions agreed upon for this settlement. I would like to outline the specific details and obligations of the settlement as agreed during our conversation: 1. Parties Involved: Claimant: [Your Name] Defendant: [Recipient's Name] 2. Settlement Amount: The agreed settlement amount is $[X], which will be paid by the Defendant to the Claimant in [the agreed manner of payment, e.g., check, electronic transfer, etc.] by [agreed upon date]. 3. Release of Claims: Upon receipt of the settlement payment in full, the Claimant agrees to release the Defendant, their representatives, agents, affiliates, and insurers from any and all claims, demands, actions, and causes of action related to the matter in question. 4. Confidentiality: Both parties mutually agree to maintain confidentiality regarding the terms of this settlement and the underlying dispute. This clause prevents either party from disclosing any details of this agreement to any third-party, except as required by law. 5. Governing Law: The laws of the State of Rhode Island shall govern the interpretation, validity, and enforcement of this settlement agreement. Please note that this letter is meant to document our agreement and is not intended to override or replace any formal or legally binding contract that may be executed subsequently. If there are any changes or clarifications necessary to this settlement agreement, kindly inform me within seven (7) days of receiving this letter. Failure to do so will be taken as an acceptance of the terms as outlined in this confirmation letter. If you have any questions or require any further information, please do not hesitate to contact me at [your phone number] or [your email address]. Thank you for your attention to this matter. I look forward to the prompt resolution of our dispute in accordance with the terms of this settlement agreement. Yours sincerely, [Your Name]