Vermont Sample Letter for Confirmation of Oral Agreement

• Category: Letters - Nonlegal - Confirmation
• State: Multi-State
• Control #: US-0490LR
• Format: Word; Rich Text

Description

Sample Letter for Confirmation of Oral Agreement [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Confirmation of Oral Agreement Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. I am writing to confirm the details of our recent oral agreement regarding [describe the subject of the agreement]. Given the importance of recording agreements in writing, I am taking this initiative to avoid any potential misunderstandings or disputes in the future. To recapitulate, our oral agreement entails the following key terms: 1. Parties Involved: The agreement is between [Your Name] (referred to as the "First Party") and [Recipient's Name] (referred to as the "Second Party"). 2. Date and Place: The agreement was reached on [date] at [location]. 3. Nature of Agreement: The agreement outlines the terms and conditions related to [describe the nature of the agreement]. 4. Obligations and Responsibilities: The First Party agrees to [state the obligations and responsibilities of the First Party], while the Second Party agrees to [state the obligations and responsibilities of the Second Party]. These obligations are mutually understood and agreed upon. 5. Duration and Termination: The agreement will commence on [start date] and will remain in effect until [end date] unless terminated earlier by mutual agreement or breach of contract. 6. Consideration: The consideration for this agreement is [state the form and nature of consideration, such as monetary compensation, services rendered, or any other agreed-upon consideration]. 7. Confidentiality: Both parties acknowledge the confidential nature of the agreement and agreed to keep all related information confidential, unless required by applicable law. It is important to note that this letter serves as a confirmation of our oral agreement and does not supersede any terms or provisions that have been previously agreed upon. In case of any inconsistencies or discrepancies between the oral agreement and this letter, the terms outlined in this letter shall prevail. Kindly review the aforementioned details carefully and notify me within [reasonable time frame, preferably within 7 days] if any amendments, corrections, or additions are required. If no response is received within the specified time, it will be assumed that the contents of this letter accurately reflect our agreement. Please sign and return a copy of this letter as a symbol of your acceptance and acknowledgment of the existing oral agreement. You may do so either by email or mail, using the addresses provided above. Thank you for your attention to this matter. I believe that solidifying our oral agreement in writing will strengthen our working relationship, foster trust, and prevent any future misunderstandings. Should you have any questions or concerns, please feel free to reach out to me. I look forward to continuing our positive collaboration. Wishing you all the best. 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: Confirmation of Oral Agreement Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. I am writing to confirm the details of our recent oral agreement regarding [describe the subject of the agreement]. Given the importance of recording agreements in writing, I am taking this initiative to avoid any potential misunderstandings or disputes in the future. To recapitulate, our oral agreement entails the following key terms: 1. Parties Involved: The agreement is between [Your Name] (referred to as the "First Party") and [Recipient's Name] (referred to as the "Second Party"). 2. Date and Place: The agreement was reached on [date] at [location]. 3. Nature of Agreement: The agreement outlines the terms and conditions related to [describe the nature of the agreement]. 4. Obligations and Responsibilities: The First Party agrees to [state the obligations and responsibilities of the First Party], while the Second Party agrees to [state the obligations and responsibilities of the Second Party]. These obligations are mutually understood and agreed upon. 5. Duration and Termination: The agreement will commence on [start date] and will remain in effect until [end date] unless terminated earlier by mutual agreement or breach of contract. 6. Consideration: The consideration for this agreement is [state the form and nature of consideration, such as monetary compensation, services rendered, or any other agreed-upon consideration]. 7. Confidentiality: Both parties acknowledge the confidential nature of the agreement and agreed to keep all related information confidential, unless required by applicable law. It is important to note that this letter serves as a confirmation of our oral agreement and does not supersede any terms or provisions that have been previously agreed upon. In case of any inconsistencies or discrepancies between the oral agreement and this letter, the terms outlined in this letter shall prevail. Kindly review the aforementioned details carefully and notify me within [reasonable time frame, preferably within 7 days] if any amendments, corrections, or additions are required. If no response is received within the specified time, it will be assumed that the contents of this letter accurately reflect our agreement. Please sign and return a copy of this letter as a symbol of your acceptance and acknowledgment of the existing oral agreement. You may do so either by email or mail, using the addresses provided above. Thank you for your attention to this matter. I believe that solidifying our oral agreement in writing will strengthen our working relationship, foster trust, and prevent any future misunderstandings. Should you have any questions or concerns, please feel free to reach out to me. I look forward to continuing our positive collaboration. Wishing you all the best. Sincerely, [Your Name]