Settlement Agreement Lawyers & Solicitors – Redundancy

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Redundancy – Post-termination Clause – Non Compete – Restrictive Covenants in Settlement Agreements

December 12th, 2013 · 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, Employment Solicitors, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Non Compete, Post Termination Restrictions after Signing a Compromise Agreement, Redundancies, Redundancy, Redundancy law, Restrictive Covenants, Termination Date, Termination of Employment, Your Compromise Agreement is a Binding Contract

Settlement agreements normally contain non-compete clauses preventing ex-employees from working for competitors for some time.

In times like these, where many industries have shrunk due to companies going out of business, there are clearly less competitors in the market and therefore less choice of companies for ex-employees to seek jobs with. This can be a problem for those looking for new jobs having been made redundant. If you are in this situation, you should try to obtain a waiver from your employer in respect of the non-compete clause or alternatively, a list of restricted companies could be prepared, whereby you would not be able to take up a new role immediately with any of the companies that are listed.

If you need legal advice on the terms of your compromise agreement/ redundancy agreement if you are being made redundant, please contact an employment solicitor at or visit one of the following pages on employment law:

© RT COOPERS, 2013. 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.

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