Settlement Agreement Lawyers & Solicitors – Redundancy

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What is a compromise agreement, Redundancy Law, Solicitors Employment Law, Solicitors

July 4th, 2011 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Employment Lawyers, Employment Solicitors, Redundancies, Redundancy, Redundancy law, Redundancy Pay, Settlement Payment, Signing Compromise Agreements, Termination of Employment, Termination Payment, Your Compromise Agreement is a Binding Contract

We are seeing a number of situations where senior executives who have a wealth of experience are being kept on by employers after being made redundant.

In such cases a compromise agreement would be issued and signed by both parties and the employee would be paid.  As there is likely to be a long period between termination and the issuing of the first compromise agreement, the employee will be required to sign a further agreement confirming that the warranties are still accurate, to cover any issues that may have arisen during the period in question.

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