Parties engaged in settlement discussions often reach an agreement in principle by exchanging emails. While working toward a settlement, it is common for parties to email proposed terms and settlement amounts without necessarily expecting that their communications will be enforceable. Elysium Health v. ChromaDex, No. 22-cv-1059 (Lead), 22-cv-1153 (XAP), 2023 WL 7037442 (2d Cir. Oct. 26, 2023) illustrates that settlement terms can be enforceable without a formal, executed agreement if the parties express mutual assent and intention to be bound.