Settlement Agreement Lawyers & Solicitors – Redundancy

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Entries Tagged as 'Company Car'

Returning company property when you are made redundant

April 29th, 2014 · No Comments · About Compromise Agreement Blog, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Company Car, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Enhanced Redundancy Pay, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Repayment of Redundancy Pay, Return of Company Property after Signing a Compromise Agreement, Settlement Agreement, Settlement Agreement Lawyer, Settlement Agreement Solicitor, Settlement Payment, Severance Pay, Signing Compromise Agreements

If you are being made redundant, you would normally have to return all of your company’s property by a certain specified date in order to be paid your redundancy payment. Typical examples of employer’s property include, work mobile phones, portable storage devices (USBs) and cars/vans. One important point which we mention when advising clients is […]

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Employment Lawyers – Purchase of Company Car – Compromise Agreements

May 10th, 2010 · No Comments · About Compromise Agreement Blog, Company Car, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Consultation, Employment Lawyers, Offer from your employer, Signing Compromise Agreements, Termination Date, Termination of Employment, Termination Payment, Your Compromise Agreement is a Binding Contract

 A number of senior management (when facing redundancy/dismissal) have been given the option bytheir employers to purchase their company cars . The terms of the purchase will be included in the employees’ compromise agreements: “You may purchase the company car at a value specified by the Employer’s [  ] department.  This option is exercisable in writing by you by […]

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Employment Lawyers – Purchase of Company Car – Compromise Agreement

March 18th, 2010 · No Comments · About Compromise Agreement Blog, Company Car, Completion Date of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Offer from your employer, Redundancy, Return of Company Property after Signing a Compromise Agreement, Termination Date, Termination of Employment

We are seeing a number of top executives being given the option to purchase their company cars when made redundant. These employees tend to be very senior high earners. Usually a vlaue will be put on the car by the employer, but still favourable to the employee.   The employee is usually asked to confirm in […]

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