An employee must ensure that any reason given by an employer in a compromise agreement for the employee leaving his/her employment is accurate.
Commonly, compromise agreements will say “your employment shall terminate on the Termination Date by reason of redundancy” or “your employment shall terminate on the Termination Date by mutual agreement”. It is not unheard of for [...]
Entries Tagged as 'Restrictive Covenants'
Employment Lawyers London – Employment Solicitors – Compromise Agreement Solicitors London
June 2nd, 2010 · 5 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Contract of Employment, Dismissal Before the Termination Date, Employment Lawyers, Employment Solicitors, Reason for Leaving, Redundancy, Reference, Restrictive Covenants, Termination Date, Your Compromise Agreement is a Binding Contract
Tags: Employment Lawyers London - Employment Solicitors - Compromise Agreement Solicitors London
Employment Lawyers – Post Termination Provisions
May 5th, 2010 · 7 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Contract of Employment, Dismissal Before the Termination Date, Employment Lawyers, Keeping the Terms of your Compromise Agreement Confidential, Post Termination Restrictions after Signing a Compromise Agreement, Restrictive Covenants, Termination Date, Termination Payment, Termination of Employment, Your Compromise Agreement is a Binding Contract
Post Termination Obligations
When senior executives are leaving a company, the company may add additional clauses to their compromise agreements to ensure that they are bound. A typical clause would be
“You acknowledge that you will continue to be bound by the terms of your employment contract in relation to Confidentiality, Intellectual Property, Inventions and Patents and Post-Termination Obligations.”
If [...]
Employment Law Advice – Garden Leave – Compromise Agreement – Dismissal – Redundancy
April 28th, 2010 · 3 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Dismissal Before the Termination Date, Employment Lawyers, Garden Leave, Redundancy, Redundancy Pay, Restrictive Covenants, Settlement Payment, Signing Compromise Agreements, Termination Payment, Termination of Employment, Your Compromise Agreement is a Binding Contract
A number of employees are being placed on garden leave and do not know what to expect during this period. You can be put on garden leave up to and including your termination date. If you are an employee, your employer may require you to sign a compromise agreement whilst on garden leave. This means that you [...]
Tags: Employment Law Advice - Garden Leave - Compromise Agreement - Dismissal - Redundancy
Employment Lawyers – Restricitve Covenants Compromise Agreements
February 10th, 2010 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Non Solicitation, Restrictive Covenants, Signing Compromise Agreements, Termination Date, Termination of Employment, Your Compromise Agreement is a Binding Contract
Continuing with Restrictive Covenants
An employer may restrict an employee with regards to clients:-
The employee shall not at any time during the period of twelve months from the employee’s termination date (provided that nothing in this clause shall prevent the employee seeking or doing of business which is not competing business):
either directly or indirectly, solicit, canvass or approach or [...]
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Compromise Agreements – Non Solicitation Clauses – Restrictive Covenants
February 3rd, 2010 · 5 Comments · About Compromise Agreement Blog, Breach of Confidential Information, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Contract of Employment, Keeping the Terms of your Compromise Agreement Confidential, Non Solicitation, Restrictive Covenants, Signing Compromise Agreements, Termination Date, Termination of Employment, Your Compromise Agreement is a Binding Contract
Where employees are senior executives, employers are reinforcing the non solicitation clauses in the compromise agreement even though such clauses are already set out in the employee’s contract of employment.
A restrictive covenant in relation to other employees might state:-
The employee shall not at any time during the period of twelve months from the date of [...]
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