Nassau New York Sample Letter Confirmation concerning Settlement via Telephone Conversation

• Category: Letters - Legal - Settlements
• State: Multi-State
• County: Nassau
• Control #: US-0345LTR
• Format: Word; Rich Text

Description

Sample Letter Confirmation concerning Settlement via Telephone Conversation Subject: Sample Letter Confirmation for Settlement via Telephone Conversation Dear [Recipient's Name], I am writing to formally confirm our recent settlement agreement reached during our telephone conversation on [date]. This letter serves as a comprehensive confirmation document detailing the terms and conditions we discussed and agreed upon. 1. Parties Involved: a. The first party, referred to as the "Claimant" in this settlement agreement, is [your name/organization]. b. The second party, referred to as the "Respondent" in this settlement agreement, is [other party's name/organization]. 2. Background Information: [Provide a brief summary of the incident, dispute, or matter that led to the settlement discussion.] 3. Settlement Terms: a. Total Settlement Amount: The agreed-upon amount to be paid by the Respondent to the Claimant as full and final settlement is [specify the exact settlement sum]. b. Payment Method: The Respondent and Claimant have agreed that the settlement amount shall be transferred electronically/wired/bank draft/etc. within [specify the deadline]. c. Confidentiality: Both parties mutually agree to maintain the confidentiality of the settlement terms and not disclose any information to third parties. d. Release of Liability: Upon receipt of the settlement amount, the Claimant agrees to release the Respondent from any further claims, demands, actions, or liabilities related to the mentioned incident. e. Governing Law: This settlement agreement shall be governed by and construed in accordance with the laws of [specify jurisdiction]. 4. Deadline for Settlement: [Specify the deadline by which the settlement amount should be transferred or received.] 5. Acknowledgment: The Claimant acknowledges that the settlement agreement is in full satisfaction of any and all claims, and they waive any right to pursue any further legal action against the Respondent regarding the subject of this settlement. 6. Counterparts: This settlement confirmation may be executed in multiple counterparts, each of which shall be deemed an original, but all of which together shall constitute one agreement. Please sign and return a copy of this settlement confirmation letter within [specify deadline]. Upon receipt, we will promptly initiate the settlement process as per our agreement. Should you have any questions or require any further clarification, please do not hesitate to contact me directly. We hope that this settlement concludes the matter amicably, and both parties can move forward with no further disputes. Thank you for your cooperation in this matter. Sincerely, [Your Name] [Your Position/Title] [Your Contact Information] Note: This sample letter is for informational purposes only and should not be considered legal advice. It is recommended to consult with a legal professional when drafting settlement agreements.

Subject: Sample Letter Confirmation for Settlement via Telephone Conversation Dear [Recipient's Name], I am writing to formally confirm our recent settlement agreement reached during our telephone conversation on [date]. This letter serves as a comprehensive confirmation document detailing the terms and conditions we discussed and agreed upon. 1. Parties Involved: a. The first party, referred to as the "Claimant" in this settlement agreement, is [your name/organization]. b. The second party, referred to as the "Respondent" in this settlement agreement, is [other party's name/organization]. 2. Background Information: [Provide a brief summary of the incident, dispute, or matter that led to the settlement discussion.] 3. Settlement Terms: a. Total Settlement Amount: The agreed-upon amount to be paid by the Respondent to the Claimant as full and final settlement is [specify the exact settlement sum]. b. Payment Method: The Respondent and Claimant have agreed that the settlement amount shall be transferred electronically/wired/bank draft/etc. within [specify the deadline]. c. Confidentiality: Both parties mutually agree to maintain the confidentiality of the settlement terms and not disclose any information to third parties. d. Release of Liability: Upon receipt of the settlement amount, the Claimant agrees to release the Respondent from any further claims, demands, actions, or liabilities related to the mentioned incident. e. Governing Law: This settlement agreement shall be governed by and construed in accordance with the laws of [specify jurisdiction]. 4. Deadline for Settlement: [Specify the deadline by which the settlement amount should be transferred or received.] 5. Acknowledgment: The Claimant acknowledges that the settlement agreement is in full satisfaction of any and all claims, and they waive any right to pursue any further legal action against the Respondent regarding the subject of this settlement. 6. Counterparts: This settlement confirmation may be executed in multiple counterparts, each of which shall be deemed an original, but all of which together shall constitute one agreement. Please sign and return a copy of this settlement confirmation letter within [specify deadline]. Upon receipt, we will promptly initiate the settlement process as per our agreement. Should you have any questions or require any further clarification, please do not hesitate to contact me directly. We hope that this settlement concludes the matter amicably, and both parties can move forward with no further disputes. Thank you for your cooperation in this matter. Sincerely, [Your Name] [Your Position/Title] [Your Contact Information] Note: This sample letter is for informational purposes only and should not be considered legal advice. It is recommended to consult with a legal professional when drafting settlement agreements.