Without Prejudice Settlement Letter
I. Introduction
This without prejudice letter is intended to outline the proposed terms of settlement between [YOUR COMPANY NAME] and [OTHER PARTY'S COMPANY NAME]. This document is offered in an effort to resolve the disputes amicably and without litigation.
II. Details of the Dispute
The dispute arises under the contract dated [DATE OF CONTRACT] concerning [BRIEF DESCRIPTION OF THE DISPUTE].[YOUR COMPANY NAME] is committed to a resolution that is fair and satisfactory to both parties involved.
III. Settlement Offer
[YOUR COMPANY NAME]offers the following terms for settlement:
The payment of [SETTLEMENT AMOUNT] from[YOUR COMPANY NAME] to [OTHER PARTY'S COMPANY NAME].
Both parties agree to cease any public or private actions that could be detrimental to the other party’s reputation upon acceptance of this settlement.
All other terms and conditions to be negotiated upon the initial acceptance of this letter.
IV. Terms of Confidentiality
It is agreed that the terms of this settlement will be kept in strict confidence by both parties. Disclosure of any terms mentioned in this agreement to third parties is prohibited unless mutually agreed in writing.
V. Acceptance
The terms outlined above will be held open for acceptance until [EXPIRATION DATE] at which point the offer will be considered withdrawn unless formally accepted. Acceptance should be communicated in writing and directed to the below contact details.
VI. Contact Information
Please direct any responses or inquiries to:
Name: [YOUR NAME]
Email: [YOUR COMPANY EMAIL]
Phone: [YOUR COMPANY NUMBER]
Address: [YOUR COMPANY ADDRESS]
VII. Miscellaneous
This offer is made without any admission of liability on the part of [YOUR COMPANY NAME] and is intended to be a full and final settlement of all claims.
VIII. Signature
[YOUR NAME]
[YOUR POSITION]
[YOUR COMPANY NAME]
[DATE]
Settlement Templates @ Template.net
