Click here to download the USDA Remittance Settlement Agreement Letter. THIS AGREEMENT is entered into by the [insert name of Board] (Board) and (insert the name of individual or corporation). The Board and (insert the name of individual or corporation) have decided to compromise and settle the issues between them related to violations of the (insert name of Act (7 U.S.C., etc…), Order (7 CFR, etc…), and Rules and Regulations.    Accordingly, the parties agree to the following: 1.         The Board agrees not to request that the United States Department of Agriculture (USDA) take enforcement action against them for violations of the Act, the Order, and the Rules and Regulations promulgated thereunder for any actions disclosed by the investigation that gave rise to this agreement. 2.          (Insert the name of individual or corporation) agrees to the following: A.        (Insert the name of individual or corporation) has been given the opportunity for a hearing and waives such hearing and further procedure. B.         (Insert the name of individual or corporation) admits that (insert the proper pronoun, e.g., he, she or it) have (or has) failed to pay their (or its, if corporation) required assessments in the amount of $ (insert the amount owed) to the Board pursuant to the Act and Order. C.         (Insert the name of individual or corporation) agrees that failure to comply with any of the terms of this settlement agreement will automatically void paragraph one (1) above, and that the Board may thereafter request that USDA take enforcement action against them (or it if corporation), and pursue any and all remedies available under the Act and Order, including the assessment of penalties. D.        (This paragraph can be modified depending on the circumstances.)
  (Insert the name of individual or corporation) agrees to pay $ (insert the amount) on or before (insert the date), and $ (insert the amount) in (insert the number) monthly installments of $ (insert the amount) on the (insert the date of the month) of each month beginning on (inset the date) until the full sum is paid.  The payments will be made by check or money order payable to the [insert name of Board].   The monthly payments will be sent to the [insert name of Board] at (insert Board’s address).  The notation “(insert case number or some other identifier) ” will be noted on each check or money order. E.         In the event that the payments described in paragraph D are not made by the (insert the name of individual or corporation) in compliance with this settlement agreement, the entire outstanding balance will be due and payable immediately.  (Insert the name of individual or corporation) understands that failure to make prompt and complete payments will be considered a breach of the terms of this settlement agreement and will cause the Board to request that USDA take enforcement action to collect the entire amount remaining to be paid, the interest thereon and court costs which may be provided for by law, and to enjoin them (or it if corporation) from failing to comply with the Act and Order, and the Rules and Regulations promulgated thereunder, as well as further relief as is deemed proper. This agreement will become effective upon the signature of (insert the name of individual or corporation).   ____________________________                                                    Date: _______________ (Insert the name of the individual or corporation)     ____________________________                                                    Date: _______________ (Insert the name and title of Board individual who will be signing the agreement)