Acknowledged and Understood

Hello,

I am having some trouble finding the correct wording for a business letter I am writing. It is a letter to my employees to notify them of a change in insurance carriers. I want each employee to sign the bottom of the letter to show they have read and understand it. I believe the wording should be "Acknowledged and Understood" but it might be "Accepted and Understood". Please let me know if you can help me with this. I really appreciate it.

Thank you,
Jenni