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Settlement Agreement
This Standard Settlement Agreement has been updated to reflect legal changes brought about by the Equality Act 2010 (Amendment) Order 2012.
Description
The aim of a Settlement Agreement is to settle a dispute in the workplace with an employee or ex-employee. The employee agrees not to pursue claims against the employer, in return for a financial settlement. The objective for the employer is to avoid the cost of lengthy or divisive litigation arising out of an employment tribunal, as well as avoiding any reputational damage.
A Settlement Agreement contract is legally binding on the parties.
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Settlement Agreement
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Settlement Agreement
Description
The aim of a Settlement Agreement is to settle a dispute in the workplace with an employee or ex-employee. The employee agrees not to pursue claims against the employer, in return for a financial settlement. The objective for the employer is to avoid the cost of lengthy or divisive litigation arising out of an employment tribunal, as well as avoiding any reputational damage.
A Settlement Agreement contract is legally binding on the parties.
This Standard Settlement Agreement has been updated to reflect legal changes brought about by the Equality Act 2010 (Amendment) Order 2012.
![Courses%2fimages%2fiusdhbklkedmzamzdl9tucth97gq15lawyer%20365%20business%20docs%20image](https://rentals-temp.s3-us-west-2.amazonaws.com/courses%2Fimages%2FIUsdHBklKEdMZamzdl9tUCtH97gq15Lawyer%20365%20Business%20docs%20image.png)
1 Document
1
Settlement Agreement
Text document
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Reviews