If you wish to exit an employee from your business for any reason, a Settlement Agreement can be an invaluable option. A well drafted Settlement Agreement can enable you to bypass lengthy formal procedures whilst also giving your business protection against any future claims from the dismissed employee.
We can advise you if and when a Settlement Agreement is an appropriate option and will ensure that you fully understand all the implications of offering and entering into such an agreement. We will draft a legally compliant Settlement Agreement based on your proposed terms and will assist you in presenting this to the employee. We are also happy to represent you in any further negotiations with the employee’s legal adviser.
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