Houston Texas Settlement Offer Letter — Authorization of Settlement Offer [Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Position] [Company/Organization Name] [Address] [City, State, ZIP] Subject: Authorization of Settlement Offer for [Case Number/Issue] Dear [Recipient's Name], I hope this letter finds you in good health. I am writing to discuss a settlement offer regarding the aforementioned case [Case Number/Issue] and seek your approval on behalf of [Your Name/Company]. Having thoroughly evaluated the circumstances and considering the best interest of all parties involved, we propose a fair and reasonable settlement offer as a resolution to the aforementioned case. The proposed settlement terms are as follows: 1. Settlement Amount: The total settlement amount proposed is [Amount in Dollars]. This amount is reflective of our assessment of the damages suffered by both parties and takes into consideration the potential costs and complexities associated with legal proceedings. 2. Payment Terms: We propose that the settlement amount be paid in [Number of Installments (if applicable)] installment(s) within a reasonable timeframe. Each installment shall be paid by [Payment Method (e.g., check, bank transfer)]. 3. Release of Liability: Upon acceptance of this settlement offer and receipt of the full settlement amount, we agree to release [Recipient's Name/Company/Organization] from any further claims, liabilities, or legal actions related to the aforementioned case. 4. Confidentiality: Both parties shall maintain strict confidentiality regarding the terms of this settlement agreement, ensuring that no information is disclosed to any third party without prior written consent. 5. Binding Agreement: Upon acceptance and signing of this settlement offer, we consider it a legally binding agreement between the involved parties, and further legal action will be deemed unnecessary. To indicate your acceptance of this settlement offer, please sign and date the enclosed copy of this letter. Kindly return a signed copy to us within [Number of Days] days from the date of this letter. Should you have any questions or require further discussions regarding the settlement offer, please do not hesitate to contact me at [Your Phone Number] or [Your Email Address]. We believe that this settlement offer provides a fair and mutually beneficial resolution to the [Case Number/Issue]. We look forward to a prompt response and a mutually agreeable settlement. Thank you for your attention to this matter. Sincerely, [Your Name] [Your Title/Position] [Your Company/Organization Name] [Enclosure: Settlement Offer Letter]