In some cases an employee may have to give a warranty in respect of not pursuing any claims regarding any shares, bonuses or share options after signing the compromise agreement. If an employee has any share options schemes or any shares in the employer company then this must be addressed either in the compromise agreement or in a side letter from the employer company.
If you require further information about redundancy law, please contact us at enquiries@rtcooperssolicitors.
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© RT COOPERS, 2011. 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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