[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Confirmation of Settlement Agreement via Telephone Conversation Dear [Recipient's Name], I am writing this letter to confirm our settlement agreement, which we reached during our telephone conversation on [date]. This letter serves as an official confirmation of the terms we discussed and agreed upon regarding the settlement of our dispute. Settlement Agreement: 1. Parties Involved: — [Your Name— - [Recipient's Name] 2. Background of the Dispute: [Provide a brief summary of the dispute, including any relevant dates and events] 3. Terms of Settlement: — [Clearly outline the key terms and conditions agreed upon during the telephone conversation] — [Include details regarding any monetary compensation, obligations, or actions involved in the settlement] — [Specify any deadlines or timelines for fulfilling the agreed-upon terms] 4. Full and Final Settlement: [Include a statement emphasizing that this settlement agreement represents a full and final resolution of the dispute, releasing both parties from any further claims or liabilities relating to the matter] 5. Confidentiality: — [Address whether the settlement terms are to remain confidential] — [Specify any exceptions or limitations on the confidentiality clause] 6. Governing Law: [State the applicable jurisdiction's laws that govern the interpretation and enforcement of this settlement agreement] 7. Termination: [State the circumstances under which the settlement agreement may be terminated, if applicable] 8. Counterparts: [Specify whether the agreement can be executed in multiple counterparts, if necessary] Please review the terms outlined in this letter to ensure they accurately reflect our telephone conversation. If there are any discrepancies, or if you have any additional concerns or queries, please contact me as soon as possible. Kindly indicate your agreement to the terms by signing and returning a copy of this letter within [specify a reasonable timeframe, e.g., 10 business days]. Upon receipt of your signed confirmation, I will promptly arrange for any necessary actions or payments as agreed. Thank you for your attention to this matter. I believe that this settlement will provide a satisfactory resolution to our dispute. Should you require any further clarification, please do not hesitate to get in touch with me. Yours sincerely, [Your Name]