[Your Name] [Your Address] [City, State, ZIP Code] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP Code] Subject: Confirmation of Settlement via Telephone Conversation Dear [Recipient's Name], I hope this letter finds you in good health. This correspondence serves as confirmation of our recent telephone conversation, during which we successfully reached a settlement agreement regarding our ongoing matter. I would like to recap the key points we discussed during our conversation: 1. Parties Involved: The settlement agreement involves [Your Name] and [Recipient's Name]. 2. Dispute Details: The settlement pertains to the dispute regarding [provide a brief overview of the dispute and its relevant details]. It is our mutual understanding that the terms of the settlement we discussed are fair and reasonable in resolving this matter amicably. 3. Settlement Terms: As discussed, the terms of the settlement are as follows: — [Outline the agreed-upon terms and conditions, including any financial obligations, deadlines, or actions to be taken by either party] — [Include any specific conditions or provisions agreed upon during the conversation] 4. Confidentiality: We both affirm that this settlement agreement is to remain confidential between the parties involved. Neither party shall disclose any details nor terms of this settlement without the express written consent of the other party, except as required by law. 5. Full and Final Settlement: This settlement agreement constitutes a full and final resolution of all matters and claims discussed during our telephone conversation. Upon the successful completion of all agreed-upon terms, both parties will be released from any future claims arising from the aforementioned dispute. Please carefully review the contents of this letter and let me know if there are any discrepancies or if you have any additional concerns. In the absence of any objection within [mention a reasonable time frame], this letter will be considered an accurate reflection of our settlement agreement. To provide our mutual understanding and agreement, please sign and return a copy of this letter within [mention a reasonable time frame], either via email or regular mail. Once I receive your signed confirmation, I will promptly sign the letter and provide a fully executed copy to you. Thank you for your cooperation throughout this process, and I believe that our settlement will bring a satisfactory conclusion to our dispute. If you have any further questions or require any clarification, please do not hesitate to contact me at [your contact number] or [your email address]. I look forward to the successful fulfillment of our settlement agreement and closing this chapter amicably. Yours sincerely, [Your Name]