Subject: Confirmation of Oral Agreement — Salt Lake City, Utah Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. This correspondence is to confirm the details of our recent oral agreement reached regarding [briefly describe the subject of the agreement]. As discussed, this agreement was mutually agreed upon during our conversation on [specify date or approximate time]. To ensure a comprehensive understanding, this confirmation letter serves to outline the key terms and conditions that were agreed upon: 1. Parties Involved: — [Your Name/Company]: The party offering confirmation of the agreement — [Recipient's Name/Company]: The party receiving confirmation of the agreement 2. Date and Nature of Agreement: On [date], during a [phone/in-person] discussion, both parties reached a verbal agreement pertaining to [provide a detailed description of the subject and purpose of the agreement]. The agreement is binding upon both parties involved. 3. Terms of Agreement: (Provide a detailed breakdown of the agreed-upon terms and conditions. Include specific information such as deliverables, payment terms, timelines, and any additional relevant considerations. Ensure that the terms are clearly stated and easy to understand.) 4. Confidentiality: Both parties acknowledge and agree to maintain complete confidentiality regarding any proprietary or sensitive information disclosed during or as a result of this agreement. Non-disclosure agreements (NDAs) or further confidentiality agreements may be put into place to protect the involved parties' interests if required. 5. Dispute Resolution: In the case of any dispute arising from this agreement, both parties agree to engage in good faith negotiations with the aim of reaching a mutually acceptable resolution. If an agreement cannot be reached through negotiations, mediation or arbitration may be considered as an alternative dispute resolution mechanism. 6. Governing Law and Jurisdiction: This agreement will be interpreted according to the laws of the state of Utah in the United States. Any legal actions arising out of or related to this agreement shall be subject to the exclusive jurisdiction of the courts located in Salt Lake City, Utah. Please review the above terms and let me know if any revisions or additions are necessary. If everything is accurate and in agreement with our understanding, kindly sign and return a copy of this letter as confirmation. Your prompt response would be highly appreciated. Please consider this letter as an official confirmation of our oral agreement. We value our partnership and aim to ensure transparency and clarity in our business dealings. Should you have any queries or require further clarification, please do not hesitate to contact me. Thank you for your continued trust and cooperation. I look forward to maintaining a successful working relationship with you. Yours sincerely, [Your Name] [Your Title/Company] [Contact Information: Phone number, email address]