Settlement agreement lawyer staines

A settlement agreement (previously known as a compromise agreement) is a contract where an employee agrees to give up claims against their employer, usually in exchange for compensation. Usually, a settlement agreement is used in connection with ending the employment on agreed terms. However, it could also be used when the employment is going on, but where both parties need to settle a dispute that has arisen between them. If the settlement agreement is regarding you leaving the business, the company will usually stipulate terms about your exit from the company, for example, confidentiality clauses and restrictions on compensation.

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