Settlement Agreement Lawyers & Solicitors – Redundancy

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Warranties – Compromise Agreements Cont’d

April 28th, 2009 · No Comments · Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Contract of Employment, Dismissal Before the Termination Date, National Insurance Contributions, Necessity for Legal Advice on the Terms of Your Compromise Agreement, No Admission of Liability on the Part of your Employer, Signing Compromise Agreements, Warranties

We are continuing with our discussion on warranties in compromise agreements. Our previous entries explain a number of warranties that you will have to give to your employer. One of the key warranties is that:

You have received independent legal advice on all and any claims that you might be able to bring against your Employer in the Employer Tribunal and the High Court/County Court in respect of your employment and termination of employment.

You further warrant you have reviewed such claims with the Independent Adviser and been advised upon the possibility of pursuing such claims and you waive your rights to pursue such claims, including but not limited to any claim for:

  • breach of the Working Time Regulations 1998;
  • any complaint under the Transfer of Undertakings (Protection of Employment) Regulations 2006 and/or the Trade Union and Labour Relations (Consolidation) Act 1992;
  • breach of any Additional Salary Reward, bonus or deferred compensation schemes or any long term incentive plan held by the Employee ;  and
  • breach of the National Minimum Wage Act 1998;

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