Settlement Agreement Lawyers & Solicitors – Redundancy

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Entries Tagged as 'Return of Company Property after Signing a Compromise Agreement'

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 Law, Redundancy, Return of Company Property, Compromise Agreement, Employment Contract

July 24th, 2012 · No Comments · Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Redundancies, Redundancy, Redundancy law, Return of Company Property after Signing a Compromise Agreement

When facing redundancy or having been dismissed, employees are usually required to return company property. From our experience as employment law solicitors, we would suggest that when doing so, you seek someone senior in the company to sign off on the return, for example, a senior member of HR. This can help ensure that there […]

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Compromise Agreement – Post Termination Provisions – Redundancy

June 22nd, 2011 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Post Termination Restrictions after Signing a Compromise Agreement, Redundancies, Redundancy, Redundancy law, Restrictive Covenants, Return of Company Property after Signing a Compromise Agreement, Settlement Payment, Severance Pay, Termination Date, Termination of Employment, Termination Payment, Your Compromise Agreement is a Binding Contract

We are advising a number of employees on post termination provisions in their contracts of employment and compromise agreements. You must ensure as an employee that you are not setting up in competition with your employer or soliciting any of your employer’s clients. You must take advice on post termination provisions in your compromise agreements.

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Employment Lawyers London, Termination date, Compromise Agreement, Redundancy Payment

February 5th, 2011 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Return of Company Property after Signing a Compromise Agreement, Your Compromise Agreement is a Binding Contract

Where a compromise Agreement is not signed prior to the termination of an employee’s employment, but is signed afterwards, it is important that the ‘Return of Company Property’ clause is amended to ensure that the employee is not in breach of the compromise agreement the moment it is signed. If you require legal advice on a compromise agreement, […]

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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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Compromise Agreements – Return of Property by Employee

January 18th, 2010 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Return of Company Property after Signing a Compromise Agreement, Signing Compromise Agreements

In some cases an employer may allow an employee to retain company property. This has to be negotiated and agreed between the employee and employer. The property must be listed in the compromise agreement. Not all employers will agree to this.

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Employment Lawyers London – Expenses Compromise Agreements

November 26th, 2009 · 3 Comments · About Compromise Agreement Blog, Completion Date of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Contract of Employment, Expenses, Redundancy, Return of Company Property after Signing a Compromise Agreement, Signing Compromise Agreements, Your Compromise Agreement is a Binding Contract

It is worth mentioning again that if you are an employee and you have been asked to sign a compromise agreement, you should submit your final expenses claim (form) to your employer within a specificed time (usually this time period is set out in your contract of employment). This is usually within five days of completion […]

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Advice on Employment Law – Return of Property to Employers

November 16th, 2009 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Dismissal Before the Termination Date, Return of Company Property after Signing a Compromise Agreement, Signing Compromise Agreements, Termination Date, Warranties, Your Compromise Agreement is a Binding Contract

If you are an employee, your employer  may ask you to give a warranty in your compromise agreement that before the Termination Date you will delete irretrievably any information relating to the business or business contacts of the Employer that you have stored on any magnetic or optical disk or memory of any personal electronic devices, […]

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Warranties in Compromise Agreements Continued – Return of Company Property

April 6th, 2009 · 5 Comments · Compromise Agreements, Return of Company Property after Signing a Compromise Agreement, Termination Date, Warranties

One of the issues we have dealt with previously is the return of company property. You are required to give a warranty to your employer that at some point  on or before the Termination Date that you will return to the company all company property such as: documents, files, correspondence, keys, business cards and other property belonging […]

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When would you get Paid?

March 13th, 2009 · No Comments · Adviser's Certificate in Your Compromise Agreement, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreements, Entitlement to Untaken Accrued Holidays, Necessity for Legal Advice on the Terms of Your Compromise Agreement, No Admission of Liability on the Part of your Employer, No Entitlement to Compensation, Payment in Lieu of Notice, Payment of Normal Salary, Return of Company Property after Signing a Compromise Agreement, Signing Compromise Agreements, Termination Date

Your employer without any admission of liability will pay you within 14 – 60 days of the latest of the following occuring:  The Termination Date; Receipt by your employer of the signed copy of your Compromise Agreement (signed by you and witnessed by a third party) and containing the Independent Adviser’s certificate (signed by an independent lawyer such as a […]

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