Continuing with Restrictive Covenants An employer may restrict an employee with regards to clients:- The employee shall not at any time during the period of twelve months from the employee’s termination date (provided that nothing in this clause shall prevent the employee seeking or doing of business which is not competing business): either directly or indirectly, solicit, canvass […]
Entries Tagged as 'Signing Compromise Agreements'
Employment Lawyers – Restricitve Covenants Compromise Agreements
February 10th, 2010 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Non Solicitation, Restrictive Covenants, Signing Compromise Agreements, Termination Date, Termination of Employment, Your Compromise Agreement is a Binding Contract
Tags:
Compromise Agreements – Non Solicitation Clauses – Restrictive Covenants
February 3rd, 2010 · 7 Comments · About Compromise Agreement Blog, Breach of Confidential Information, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Contract of Employment, Keeping the Terms of your Compromise Agreement Confidential, Non Solicitation, Restrictive Covenants, Signing Compromise Agreements, Termination Date, Termination of Employment, Your Compromise Agreement is a Binding Contract
Where employees are senior executives, employers are reinforcing the non solicitation clauses in the compromise agreement even though such clauses are already set out in the employee’s contract of employment. A restrictive covenant in relation to other employees might state:- The employee shall not at any time during the period of twelve months from the […]
Tags:
Employment Lawyers – Compromise Agreements Solicitors
January 25th, 2010 · No Comments · About Compromise Agreement Blog, Benefits - What happens to your Benefits once you sign a Compromise Agreement?, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Contract of Employment, Garden Leave, Signing Compromise Agreements, Termination Date, Termination of Employment, Your Compromise Agreement is a Binding Contract
If you are on gardening leave and have been given a termination date for the termination of your employment, you may be required to notify your current employer if you have been offered a new job before the end of the termination date. Usually once the employee notifies the employer, the employee’s employment would come […]
Tags: Employment Lawyers London - Compromise Agreements Solicitors
Compromise Agreements – Return of Property by Employee
January 18th, 2010 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Return of Company Property after Signing a Compromise Agreement, Signing Compromise Agreements
In some cases an employer may allow an employee to retain company property. This has to be negotiated and agreed between the employee and employer. The property must be listed in the compromise agreement. Not all employers will agree to this.
Tags: Compromise Agreements - Return of Property by Employee
Employment Lawyers London – Expenses Compromise Agreements
November 26th, 2009 · 3 Comments · About Compromise Agreement Blog, Completion Date of your Compromise Agreement, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Contract of Employment, Expenses, Redundancy, Return of Company Property after Signing a Compromise Agreement, Signing Compromise Agreements, Your Compromise Agreement is a Binding Contract
It is worth mentioning again that if you are an employee and you have been asked to sign a compromise agreement, you should submit your final expenses claim (form) to your employer within a specificed time (usually this time period is set out in your contract of employment). This is usually within five days of completion […]
Tags: Employment Lawyers London - Expenses Compromise Agreements
Advice on Employment Law – Return of Property to Employers
November 16th, 2009 · No Comments · About Compromise Agreement Blog, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Dismissal Before the Termination Date, Return of Company Property after Signing a Compromise Agreement, Signing Compromise Agreements, Termination Date, Warranties, Your Compromise Agreement is a Binding Contract
If you are an employee, your employer may ask you to give a warranty in your compromise agreement that before the Termination Date you will delete irretrievably any information relating to the business or business contacts of the Employer that you have stored on any magnetic or optical disk or memory of any personal electronic devices, […]
Tags: Advice on Employment Law - Return of Property to Employers
Compromise Agreement Solicitors – Taxation of Termination Pay
November 7th, 2009 · 4 Comments · About Compromise Agreement Blog, Basic Rate of Tax, Compromise Agreement Solicitors, Compromise Agreements, Settlement Payment, Signing Compromise Agreements, Taxation, Termination Date, Termination Payment
We are still being asked about taxation of Settlement Payment or some people refer to it as Termination Payment. The correct advice is that the first £30,000 of an employee’s Termination Payment will be paid without deduction of income tax in accordance with section 403 of the Income Tax (Earnings and Pensions) Act 2003. If an employee’s Settlement […]
Tags: Compromise Agreement Solicitors - Taxation of Termination Pay
Pension Contributions – After Signing Compromise Agreement
November 3rd, 2009 · 7 Comments · About Compromise Agreement Blog, Compromise Agreement Solicitors, Pension Rights, Signing Compromise Agreements, Termination Date, Termination of Employment, Your Compromise Agreement is a Binding Contract
As we have discussed in this blog previously, an employee’s entitlements to any benefits such as pension rights (which will not be provided for in a compromise agreement) will cease on the employee’s Termination Date (see earlier blog). Some companies are paying employees up to three months’ standard company employer pension contributions into the employee’s pension fund. As pension rights are […]
Tags: Pension Contributions - After Signing Compromise Agreement
If you are Feeling Unwell – should you Sign a Compromise Agreement?
October 31st, 2009 · No Comments · Compromise Agreements, Feeling Unwell - Signing a Compromise Agreement, Offer from your employer, Signing Compromise Agreements, Your Compromise Agreement is a Binding Contract
If an employee attends our office to receive advice on a compromise agreement and he/she appears to be and/or we are informed by the employee that he/she is feeling unwell, we will have to discuss with the employee whether the employee is able to appreciate the full implications of signing such an agreement. In most cases, we would ask […]
Tags: If you are Unwell - should you Sign a Compromise Agreement?
What Reference Can you Expect? – Going Through Redundancy and Compromise Agreement- Redundancy Law
October 28th, 2009 · No Comments · About Compromise Agreement Blog, Breach of Confidential Information, Compromise Agreement Solicitor, Compromise Agreement Solicitors, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Employment Lawyers, Employment Solicitors, Employment Tribunals, Keeping the Terms of your Compromise Agreement Confidential, Redundancies, Redundancy, Redundancy law, Reference, Signing Compromise Agreements, Your Compromise Agreement is a Binding Contract
If you have been made redundant and have been asked to sign a compromise agreement, then your employer usually would provide you with a reference. Your employer in the future will be subject to the confidentiality provisions set out in your compromise agreement (which you both will sign), so if your employer receives any written reference […]
Tags: What Reference Can you Expect? - Going Through Redundancy and Compromise Agreement