Settlement Agreement Lawyers & Solicitors – Redundancy

Call: 0207 488 9947 or Email:

Settlement Agreement Lawyers & Solicitors – Redundancy header image 2

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 the date not later than one month after the Termination Date, after which it will lapse.”

If you require further information please contact us at or visit one of the following pages on employment law:

© RT COOPERS, 2010. This Briefing Note does not provide a comprehensive or complete statement of the law relating to the issues discussed nor does it constitute legal advice. It is intended only to highlight general issues. Specialist legal advice should always be sought in relation to particular circumstances.


No Comments so far ↓

There are no comments yet...Kick things off by filling out the form below.

Leave a Comment