This form is a sample letter in Word format covering the subject matter of the title of the form.
Puerto Rico Sample Letter for Settlement Offer — Instructions to Settle with Conditions Dear [Recipient's Name], I hope this letter finds you well. I am writing to you today on behalf of [Your Name/Company Name] to present a settlement offer in regard to the pending matter between us. By accepting this settlement, we aim to avoid further legal proceedings and find a mutually agreeable resolution. Before I delve into the details of the settlement offer, allow me to provide you with a brief overview of Puerto Rico. Located in the northeastern Caribbean, Puerto Rico is an unincorporated territory of the United States. As a commonwealth, it operates under a political system combining characteristics of both states and territories. Now, returning to the matter at hand, we understand that disputes can be both time-consuming and costly for all parties involved. In an effort to reach a fair compromise, we propose the following settlement terms: 1. Payment Conditions: — The offer entails a one-time settlement payment of [amount]. — The aforementioned payment should be made within [timeframe], starting from the date of the acceptance of this settlement. 2. Release of Claims: — Upon receipt of the settlement payment, both parties fully and unconditionally release each other from any claims, liabilities, or actions related to this matter. — This release extends not only to monetary claims but also to any future actions or claims arising directly or indirectly from the current dispute. 3. Confidentiality: — Both parties agree to maintain complete confidentiality in regard to the settlement terms. — This includes refraining from disclosing any information regarding the settlement amount, terms, or discussions to any third party, without prior written consent. We firmly believe that accepting this settlement offer would be in the best interests of all parties involved. By doing so, we can avoid incurring further litigation costs, prevent potential damage to business relationships, and swiftly resolve this matter amicably. Please take the time to review this settlement offer thoroughly. If the terms and conditions outlined above align with your interests, kindly sign and return a copy of this letter to indicate your acceptance. We request that you provide your acceptance within [timeframe] to ensure a prompt settlement process. Should you have any questions or concerns regarding this settlement offer, please do not hesitate to contact me at [Your Contact Information]. We are open to discussing any possible modifications to the proposed terms if they can help facilitate a mutually beneficial settlement agreement. We hope to receive your positive response and look forward to settling this matter without further delay. Thank you for your attention. Sincerely, [Your Name] [Your Company Name]
