[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 via Telephone Conversation Dear [Recipient's Name], I am writing to formally confirm the settlement reached during our telephone conversation held on [date]. This settlement agreement pertains to the matter under discussion regarding [briefly describe the issue or case]. Please find below the details of the settlement terms: 1. Parties Involved: — [Your Name/Company]: [Provide a brief description or background] — [Recipient's Name/Company]: [Provide a brief description or background] 2. Settlement Terms: — [Include all relevant settlement terms agreed upon, such as compensation, financial obligations, warranties, deadlines, etc.] 3. Implementation and Timeline: — [Specify when and how the settlement terms will be executed or fulfilled] — [Specify any necessary actions or documentation required for the settlement] 4. Confidentiality: — Both parties agree to maintain confidentiality regarding the terms and discussions related to this settlement agreement unless required by law. 5. Full and Final Settlement: — This settlement, once implemented, shall be considered a full and final resolution of the matter discussed. 6. Governing Law and Jurisdiction: — [Specify the applicable governing law and jurisdiction] Please note that this letter serves as a written confirmation of our telephone conversation. In case of any discrepancies or misunderstandings, please inform me within [mention a reasonable timeframe] from the receipt of this letter. To show our mutual agreement, please sign and return a copy of this letter, indicating your acceptance of the settlement terms. A scanned or electronic signature will be considered valid. I appreciate your professionalism and cooperation throughout our discussions. Our aim is to resolve this matter amicably and prevent any further legal proceedings. I believe this settlement agreement ensures a fair and equitable resolution for both parties involved. Should you have any questions or require any clarifications regarding this settlement agreement, please do not hesitate to contact me at the provided contact details. Thank you for your attention, and I look forward to receiving your signed copy of this agreement. Sincerely, [Your Name]