Sample Letter for Confirmation of Oral Agreement
Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. I am writing to confirm the details of our recent oral agreement, as discussed on [Date] regarding [specific subject]. First and foremost, let me express my gratitude for engaging in the fruitful discussion we had about [state the topic]. It is essential to establish a written confirmation to ensure clarity and prevent any future misunderstandings. As per our agreement, the following terms and conditions have been mutually accepted: 1. Parties Involved: The agreement has been made between [Your Name/Organization] (referred to as the "Provider") and [Recipient's Name/Organization] (referred to as the "Client"). Both parties acknowledge their authority and capacity to enter into this agreement. 2. Objective and Scope: The purpose of this oral agreement is to outline the terms of the [specific project, service, or transaction] to be undertaken by the Provider for the Client. The scope, deliverables, and timeline of the project have been extensively discussed and agreed upon during our conversation. 3. Payment Terms: In accordance with the agreed discussion, the compensation and payment terms are as follows: [Specify the payment details, such as the amount, mode of payment, and due dates]. Both parties confirm their understanding and acceptance of these terms. 4. Responsibilities and Obligations: It has been acknowledged that the Provider will undertake specific responsibilities, such as [mention the key responsibilities], while the Client shall cooperate and provide necessary support, such as [mention the key actions]. We affirm our commitment to fulfilling these obligations in a prompt and professional manner. 5. Confidentiality and Non-Disclosure: Both parties understand the importance of maintaining confidentiality with regard to any confidential information shared during the course of this agreement. Any sensitive information provided, directly or indirectly, will be treated with utmost confidentiality and will only be disclosed to individuals directly involved in the project. 6. Termination: In the unfortunate event that either party wishes to terminate this agreement, a notice period of [state the notice period, e.g., 30 days] will be provided in writing. The termination will not affect any completed and invoiced work. Please note that this written confirmation represents the complete understanding between the parties and supersedes any prior oral or written agreements. Any subsequent changes or modifications to this agreement must be made in writing and be mutually agreed upon by both parties. To signify your acceptance of the terms discussed, I kindly request you to sign a copy of this letter and return it to me within [state your preferred timeframe] via [mention the mode of delivery, such as email or physical mail]. Thank you for your attention to this matter. We look forward to working together and its successful implementation. Should you have any queries or concerns, please feel free to reach out to me at [Your Contact Details]. Yours sincerely, [Your Name] [Your Title/Position] [Your Organization] [Date]
Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. I am writing to confirm the details of our recent oral agreement, as discussed on [Date] regarding [specific subject]. First and foremost, let me express my gratitude for engaging in the fruitful discussion we had about [state the topic]. It is essential to establish a written confirmation to ensure clarity and prevent any future misunderstandings. As per our agreement, the following terms and conditions have been mutually accepted: 1. Parties Involved: The agreement has been made between [Your Name/Organization] (referred to as the "Provider") and [Recipient's Name/Organization] (referred to as the "Client"). Both parties acknowledge their authority and capacity to enter into this agreement. 2. Objective and Scope: The purpose of this oral agreement is to outline the terms of the [specific project, service, or transaction] to be undertaken by the Provider for the Client. The scope, deliverables, and timeline of the project have been extensively discussed and agreed upon during our conversation. 3. Payment Terms: In accordance with the agreed discussion, the compensation and payment terms are as follows: [Specify the payment details, such as the amount, mode of payment, and due dates]. Both parties confirm their understanding and acceptance of these terms. 4. Responsibilities and Obligations: It has been acknowledged that the Provider will undertake specific responsibilities, such as [mention the key responsibilities], while the Client shall cooperate and provide necessary support, such as [mention the key actions]. We affirm our commitment to fulfilling these obligations in a prompt and professional manner. 5. Confidentiality and Non-Disclosure: Both parties understand the importance of maintaining confidentiality with regard to any confidential information shared during the course of this agreement. Any sensitive information provided, directly or indirectly, will be treated with utmost confidentiality and will only be disclosed to individuals directly involved in the project. 6. Termination: In the unfortunate event that either party wishes to terminate this agreement, a notice period of [state the notice period, e.g., 30 days] will be provided in writing. The termination will not affect any completed and invoiced work. Please note that this written confirmation represents the complete understanding between the parties and supersedes any prior oral or written agreements. Any subsequent changes or modifications to this agreement must be made in writing and be mutually agreed upon by both parties. To signify your acceptance of the terms discussed, I kindly request you to sign a copy of this letter and return it to me within [state your preferred timeframe] via [mention the mode of delivery, such as email or physical mail]. Thank you for your attention to this matter. We look forward to working together and its successful implementation. Should you have any queries or concerns, please feel free to reach out to me at [Your Contact Details]. Yours sincerely, [Your Name] [Your Title/Position] [Your Organization] [Date]