[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 this letter to formally confirm the details of our settlement agreement reached during our recent telephone conversation in regard to [mention the nature of the settlement]. This letter serves as a written confirmation to ensure that both parties are in agreement and have a record of the terms discussed. Settlement Details: Date of Telephone Conversation: [Date of conversation] Parties Involved: [Your Name] and [Recipient's Name] Represented by: [mention if you had any legal representation] Nature of Settlement: [Briefly describe the matter being settled] Agreed Terms: [Specify the terms and conditions of the settlement] During our conversation, we discussed the settlement in great detail and mutually agreed upon the following terms: 1. [Include specific terms, such as payment amount, date of payment, method of payment, installment plan, etc.] 2. [Include any additional terms relevant to the settlement] 3. [Specify if there is any confidentiality or non-disclosure clause] 4. [If applicable, mention any future actions or responsibilities agreed upon] Both parties expressed their understanding and acceptance of the settlement terms as discussed. To avoid any misunderstanding in the future, please review this letter thoroughly and notify me in writing if any changes or discrepancies are noticed within [number of days] days from the date of this letter. Furthermore, we confirm that upon receipt of the agreed settlement amount, both parties will consider the matter fully resolved, and no further claims or actions will be pursued with regard to this issue. Should you have any questions or require further clarification regarding this settlement confirmation, please do not hesitate to contact me at [your phone number] or via email at [your email address]. Thank you for your attention to this matter. We appreciate your cooperation and look forward to a prompt resolution. Yours sincerely, [Your Name]