Following on from our post below, in some cases where an employee breaches the terms of the settlement agreement, the enhanced redundancy payment is treated as a debt payable to the employer. Therefore, if there is a breach, the employee would have to repay it in full. If you need legal advice on the terms […]
Entries Tagged as 'Settlement Agreement'
Breach of settlement agreement and repayment of enhanced redundancy pay
March 3rd, 2014 · 1 Comment · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Enhanced Redundancy Pay, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Settlement Agreement, Settlement Agreement Lawyer, Settlement Agreement Solicitor, Signing Compromise Agreements, Termination Payment, Your Compromise Agreement is a Binding Contract
Breaching the terms of your settlement agreement
February 24th, 2014 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Enhanced Redundancy Pay, Legal Fees, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Repayment of Redundancy Pay, Settlement Agreement, Settlement Agreement Lawyer, Settlement Agreement Solicitor, Settlement Payment, Termination of Employment, Your Compromise Agreement is a Binding Contract
If you breach the terms of your settlement agreement after having been made redundant, you would have to repay the enhanced amount of redundancy payment that was paid to you. Employees are usually alarmed about this. We have seen cases where employers go further and ask for a full indemnity in the event of a breach […]
Tags: breach·enhanced amount·Indemnity·legal costs·Made Redundant·Redundancy Payment·Settlement Agreement
Restrictive covenants/Post-termination provisions in your employment contract
February 19th, 2014 · No Comments · About Compromise Agreement Blog, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Post Termination Restrictions after Signing a Compromise Agreement, Redundancies, Redundancy, Redundancy law, Settlement Agreement, Settlement Agreement Lawyer, Settlement Agreement Solicitor, Your Compromise Agreement is a Binding Contract
It is worth reminding you that any restrictive covenants or post-termination restrictions contained in your employment contract are in addition to your obligations under your settlement agreement. If you need legal advice on the terms of your settlement agreement or compromise agreement, please contact an employment solicitor at enquiries@rtcooperssolicitors.com or visit one of the following pages on employment law: http://www.rtcoopers.com/practice_employment.php […]
Tags: Being made Redundant·Employment Contract·Post-termination·Restrictive covenant·Settlement Agreement
Implications of signing a settlement agreement, Full and final settlement
January 21st, 2014 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Independent Legal Advice, Redundancy, Redundancy law, Redundancy Pay, Settlement Agreement, Settlement Agreement Lawyer, Settlement Agreement Solicitor, Your Compromise Agreement is a Binding Contract
From advising employees on redundancies, it appears that they are still coming to terms with the fact that they have to give warranties and what such warranties, including post-termination restrictions, mean practically. It is also sometimes difficult for employees to understand that settlement agreements are in full and final settlement with no admission of liability […]
Tags: Compromise Agreement·Full and Final Settlement·Post Termination Restrictions after Signing a Compromise Agreement·Settlement Agreement·Warranties
Signing Settlement Agreement/Compromise Agreement, Delayed Termination Date
January 16th, 2014 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Redundancies, Redundancy, Redundancy law, Settlement Agreement, Termination Date, Termination of Employment, Your Compromise Agreement is a Binding Contract
Further to our post below, in some cases employers seek to be generous to employees who are being made redundant by allowing them extra time within which to find a new position. Depending on the circumstances, the employees may receive redundancy pay at that stage or at the final termination date. In such cases, the employees would sign a settlement agreement/compromise […]
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