South Dakota 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 Dear [Name], I am writing to confirm our recent telephone conversation regarding the settlement concerning [briefly describe the matter of settlement]. I wanted to officially document the terms and conditions of the settlement reached during our discussion. The settlement agreement is as follows: 1. Parties Involved: This settlement agreement is between [Plaintiff/Party A] and [Defendant/Party B]. Both parties agree to resolve the aforementioned matter amicably and without taking any further legal action. 2. Amount: The agreed settlement amount is [specify the exact amount in dollars], to be paid by [Party A/Party B] to [Party B/Party A]. This amount is inclusive of all damages, costs, and legal fees. 3. Payment Terms: The settlement amount shall be paid in full within [specify the period, e.g., 30 days] from the date of this confirmation letter. Payment shall be made via [specify the preferred method, e.g., bank transfer, check]. 4. Release and Waiver: Upon receipt of the settlement payment, [Party A/Party B] agrees to release and discharge [Party B/Party A] from any and all claims, causes of action, liabilities, and demands relating to the aforementioned matter. This settlement is considered a final resolution, and no further claims or actions shall be pursued by either party. 5. Confidentiality: Both parties agree to keep the terms of this settlement agreement confidential and not disclose any details, unless required by law or with the written consent of both parties. Please note that this settlement agreement is binding and enforceable under the laws of the state of South Dakota. Any disputes arising out of the agreement shall be subject to the jurisdiction of the state and federal courts located in South Dakota. If you agree with the terms and conditions as outlined above, kindly sign and return a copy of this letter to indicate your acceptance and acknowledgment of the settlement agreement. Upon receipt of the signed letter, [Party A/Party B] will initiate the settlement payment as per the agreed-upon terms. Should you have any questions or concerns pertaining to this settlement, please do not hesitate to contact me at [phone number] or [email address]. I am available to discuss any further details or clarify any points that need clarification. Thank you for your cooperation and prompt attention to this matter. We look forward to a swift resolution as per our discussion. Sincerely, [Your Name] [Your Title/Organization] [Contact Information] Keywords: South Dakota, settlement agreement, telephone conversation, confirmation letter, terms and conditions, payment terms, release and waiver, confidentiality, enforceable, legal action, parties involved.

Dear [Name], I am writing to confirm our recent telephone conversation regarding the settlement concerning [briefly describe the matter of settlement]. I wanted to officially document the terms and conditions of the settlement reached during our discussion. The settlement agreement is as follows: 1. Parties Involved: This settlement agreement is between [Plaintiff/Party A] and [Defendant/Party B]. Both parties agree to resolve the aforementioned matter amicably and without taking any further legal action. 2. Amount: The agreed settlement amount is [specify the exact amount in dollars], to be paid by [Party A/Party B] to [Party B/Party A]. This amount is inclusive of all damages, costs, and legal fees. 3. Payment Terms: The settlement amount shall be paid in full within [specify the period, e.g., 30 days] from the date of this confirmation letter. Payment shall be made via [specify the preferred method, e.g., bank transfer, check]. 4. Release and Waiver: Upon receipt of the settlement payment, [Party A/Party B] agrees to release and discharge [Party B/Party A] from any and all claims, causes of action, liabilities, and demands relating to the aforementioned matter. This settlement is considered a final resolution, and no further claims or actions shall be pursued by either party. 5. Confidentiality: Both parties agree to keep the terms of this settlement agreement confidential and not disclose any details, unless required by law or with the written consent of both parties. Please note that this settlement agreement is binding and enforceable under the laws of the state of South Dakota. Any disputes arising out of the agreement shall be subject to the jurisdiction of the state and federal courts located in South Dakota. If you agree with the terms and conditions as outlined above, kindly sign and return a copy of this letter to indicate your acceptance and acknowledgment of the settlement agreement. Upon receipt of the signed letter, [Party A/Party B] will initiate the settlement payment as per the agreed-upon terms. Should you have any questions or concerns pertaining to this settlement, please do not hesitate to contact me at [phone number] or [email address]. I am available to discuss any further details or clarify any points that need clarification. Thank you for your cooperation and prompt attention to this matter. We look forward to a swift resolution as per our discussion. Sincerely, [Your Name] [Your Title/Organization] [Contact Information] Keywords: South Dakota, settlement agreement, telephone conversation, confirmation letter, terms and conditions, payment terms, release and waiver, confidentiality, enforceable, legal action, parties involved.