Motorola V710

Whats up guys....I'm new to the forum. I just got my settlement package today and I wanted to make sure of a few things. If i wanted to port my number over to a new carrier...i could go ahead and do that as soon as i want. Then i send in my phone and within 30 days i get a refund of 220 for the phone. They will also void the early termination fee that will happen for cancelling early. Is this all correct....I called verizon to try to confirm this, but nobody knows a thing about this settlement.