Utah Sample Letter for General and Absolute Release for Settlement Offer

• Category: Letters - Legal - Releases
• State: Multi-State
• Control #: US-0119LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. [Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Recipient’s Name] [Recipient’s Address] [City, State, ZIP Code] RE: General and Absolute Release for Settlement Offer — [Case/Claim Number] Dear [Recipient’s Name], I am writing to propose a settlement offer regarding the above-mentioned case/claim. As per our previous discussions and negotiations, I believe this offer is fair and just, and it is intended to resolve all disputes between the parties involved. This settlement offer includes a general and absolute release, which would release and discharge all claims, demands, actions, and causes of action that I, [Your Name], may have or could assert against [Recipient’s Name] and any related entities or individuals. This offer is made in accordance with the laws of the state of Utah. Please find below the terms and conditions of the settlement offer: 1. Payment: In consideration of the settlement, [Recipient’s Name] agrees to pay the sum of [Settlement Amount] to me within [Timeframe for Payment] from the date of acceptance of this settlement offer. The payment shall be made via [Payment Method chosen]. 2. General and Absolute Release: Upon receipt of the settlement amount, I, [Your Name], hereby release and forever discharge [Recipient’s Name], their agents, representatives, employees, successors, and assigns from any and all claims and liabilities, known or unknown, arising out of the matter in question. This release extends to any claims that could be made under the laws of the state of Utah or any other jurisdiction. 3. No Admission of Liability: The acceptance and payment of this settlement amount by [Recipient’s Name] does not constitute an admission of liability or fault on their part. This settlement is reached solely for the purpose of avoiding further litigation, costs, and disputes. 4. Confidentiality: Both parties agree to keep the terms and conditions of this settlement offer strictly confidential. Notwithstanding, the parties may disclose the settlement terms to their respective legal and financial advisors, as required. 5. Entire Agreement: This settlement offer represents the entire agreement between the parties involved and supersedes any previous agreements, understandings, or negotiations. Please acknowledge your acceptance of this settlement offer by signing and dating a copy of this letter and returning it to me within [Timeframe for Acceptance of Offer], after which the offer shall become null and void. If you have any concerns or require further negotiation, please contact me at the above contact details. I believe this settlement offer provides a fair resolution to our dispute and I hope we can reach an agreement that is satisfactory to both parties. Thank you for your prompt attention to this matter. Yours sincerely, [Your Name] Enclosure: Copy of Settlement Offer Keywords: settlement offer, general and absolute release, Utah, settlement amount, liabilities, confidentiality, admission of liability, dispute resolution, negotiations, dispute settlement.

[Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Recipient’s Name] [Recipient’s Address] [City, State, ZIP Code] RE: General and Absolute Release for Settlement Offer — [Case/Claim Number] Dear [Recipient’s Name], I am writing to propose a settlement offer regarding the above-mentioned case/claim. As per our previous discussions and negotiations, I believe this offer is fair and just, and it is intended to resolve all disputes between the parties involved. This settlement offer includes a general and absolute release, which would release and discharge all claims, demands, actions, and causes of action that I, [Your Name], may have or could assert against [Recipient’s Name] and any related entities or individuals. This offer is made in accordance with the laws of the state of Utah. Please find below the terms and conditions of the settlement offer: 1. Payment: In consideration of the settlement, [Recipient’s Name] agrees to pay the sum of [Settlement Amount] to me within [Timeframe for Payment] from the date of acceptance of this settlement offer. The payment shall be made via [Payment Method chosen]. 2. General and Absolute Release: Upon receipt of the settlement amount, I, [Your Name], hereby release and forever discharge [Recipient’s Name], their agents, representatives, employees, successors, and assigns from any and all claims and liabilities, known or unknown, arising out of the matter in question. This release extends to any claims that could be made under the laws of the state of Utah or any other jurisdiction. 3. No Admission of Liability: The acceptance and payment of this settlement amount by [Recipient’s Name] does not constitute an admission of liability or fault on their part. This settlement is reached solely for the purpose of avoiding further litigation, costs, and disputes. 4. Confidentiality: Both parties agree to keep the terms and conditions of this settlement offer strictly confidential. Notwithstanding, the parties may disclose the settlement terms to their respective legal and financial advisors, as required. 5. Entire Agreement: This settlement offer represents the entire agreement between the parties involved and supersedes any previous agreements, understandings, or negotiations. Please acknowledge your acceptance of this settlement offer by signing and dating a copy of this letter and returning it to me within [Timeframe for Acceptance of Offer], after which the offer shall become null and void. If you have any concerns or require further negotiation, please contact me at the above contact details. I believe this settlement offer provides a fair resolution to our dispute and I hope we can reach an agreement that is satisfactory to both parties. Thank you for your prompt attention to this matter. Yours sincerely, [Your Name] Enclosure: Copy of Settlement Offer Keywords: settlement offer, general and absolute release, Utah, settlement amount, liabilities, confidentiality, admission of liability, dispute resolution, negotiations, dispute settlement.