Settlement agreement: employment (long form) | Practical Law

Settlement agreement: employment (long form) | Practical Law

An agreement between an employer and employee to settle an employee's contractual and statutory claims on termination of employment (formerly known as a compromise agreement). For a shorter agreement suitable for less complex terminations see Standard document, Settlement agreement: employment (short form).

Settlement agreement: employment (long form)

Practical Law UK Standard Document 3-200-3665 (Approx. 77 pages)

Settlement agreement: employment (long form)

by Practical Law Employment, with thanks to Chris Goodwill, Clifford Chance LLP for clauses relating to the financial services sector
Maintained, England, Wales
An agreement between an employer and employee to settle an employee's contractual and statutory claims on termination of employment (formerly known as a compromise agreement). For a shorter agreement suitable for less complex terminations see Standard document, Settlement agreement: employment (short form).
For a settlement agreement where the employment contract is not terminating, see Standard document, Settlement agreement (no termination).
For a settlement agreement for use in civil litigation in non-employment matters, see Standard document, Settlement agreement and release: civil litigation.
For an equivalent settlement agreement suitable for use in Scotland, see Standard document, Settlement agreement: employment (long form) (Scotland).