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Entries Tagged as 'Signing Compromise Agreements'

Completion Date when your Compromise Agreement becomes Binding

October 22nd, 2009 · No Comments · About Compromise Agreement Blog, Completion Date of your Compromise Agreement, Compromise Agreements, Signing Compromise Agreements, Termination Date, Without Prejudice Discussions, Your Compromise Agreement is a Binding Contract

Both employers and employees have to be aware of the completion date of a compromise agreement. In some cases the employer might put the termination date and the completion date as the same. This works if the employee is in the UK (not on holidays or travelling) and able to get the compromise agreement signed […]

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Adviser’s Certificate – Compromise Agreements

October 18th, 2009 · No Comments · About Compromise Agreement Blog, Adviser's Certificate in Your Compromise Agreement, Compromise Agreements, Signing Compromise Agreements

Employers and Employees should note that in the adviser’s certificate of a compromise agreement (it is usually attached as a schedule to the compromise agreement), you have to now refer to the Senior Courts instead of the Supreme Courts, as the law changed recently.

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Can You Increase your Offer? – Compromise Agreement

October 6th, 2009 · No Comments · About Compromise Agreement Blog, Compromise Agreements, Entitlement to Untaken Accrued Holidays, Offer from your employer, Signing Compromise Agreements, Untaken Holidays, Without Prejudice Discussions, Your Compromise Agreement is a Binding Contract

Even if you instigate redundancy or you are chosen for redundancy, there is usually some room to try and improve your offer from your employer.  You can only ask but you must be able to justify why the offer should be increased. You must have a valid reason in order to persuade your employer to […]

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Garden Leave – Compromise Agreements

September 13th, 2009 · No Comments · Compromise Agreements, Dismissal Before the Termination Date, Entitlement to Untaken Accrued Holidays, Garden Leave, Payment in Lieu of Notice, Pension Rights, Signing Compromise Agreements, Termination Date, Termination of Employment, Untaken Holidays, Your Compromise Agreement is a Binding Contract

There are circumstances when an employee may be placed on garden leave before the employee’s termination date and the signing of the employee’s compromise agreement. If you are an employee and you find yourself in this situation you have to ensure that, during the period you are at home outside the office, you are still […]

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Tax Indeminty

July 17th, 2009 · 38 Comments · Basic Rate of Tax, Compromise Agreements, National Insurance Contributions, Post Termination Restrictions after Signing a Compromise Agreement, Signing Compromise Agreements, Your Compromise Agreement is a Binding Contract

Each compromise agreement has a tax indemnity.  It usually causes a lot of discussions when we are advising Employees. It is a safe guard for the Employer in case the Employer has to make a payment to the Inland Revenue in respect of pyaments made to an Employee under a compromise agreement.  A typical tax […]

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Adviser’s Certificate

July 16th, 2009 · No Comments · Adviser's Certificate in Your Compromise Agreement, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreements, Necessity for Legal Advice on the Terms of Your Compromise Agreement, Post Termination Restrictions after Signing a Compromise Agreement, Signing Compromise Agreements, Your Compromise Agreement is a Binding Contract

The independent legal advise prov iding legal advice on your compromise agreement has to sign what is called an adviser’s certificate.  An adviser’s certificate should include the following:- ‘I, [Name of Solicitor] am a relevant independent adviser within the meaning of s 203 of the Employment Rights Act 1996. I confirm that: I am a […]

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Warranties in Compromise Agreements Cont’d

July 1st, 2009 · No Comments · About Compromise Agreement Blog, Adviser's Certificate in Your Compromise Agreement, Benefits - What happens to your Benefits once you sign a Compromise Agreement?, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Dismissal Before the Termination Date, Necessity for Legal Advice on the Terms of Your Compromise Agreement, No Admission of Liability on the Part of your Employer, No Entitlement to Compensation, Pension Rights, Post Termination Restrictions after Signing a Compromise Agreement, Signing Compromise Agreements, Termination of Employment, Warranties, Your Compromise Agreement is a Binding Contract

We are continuing with our discussion on warranties in compromise agreements. Our previous entries explain a number of warranties that you will have to give to your employer. One of the key warranties is that: 1. You have received independent legal advice on all and any claims that you might be able to bring against […]

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Warranties in Compromise Agreements Cont’d

June 24th, 2009 · No Comments · Adviser's Certificate in Your Compromise Agreement, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Contract of Employment, Dismissal Before the Termination Date, Keeping the Terms of your Compromise Agreement Confidential, Necessity for Legal Advice on the Terms of Your Compromise Agreement, No Admission of Liability on the Part of your Employer, No Entitlement to Compensation, Pension Rights, Post Termination Restrictions after Signing a Compromise Agreement, Signing Compromise Agreements, Termination Date, Termination of Employment, Warranties, Your Compromise Agreement is a Binding Contract

We are continuing with our discussion on warranties in compromise agreements. Our previous entries explain a number of warranties that you will have to give to your employer. One of the key warranties is that: 1. You have received independent legal advice on all and any claims that you might be able to bring against […]

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Warranties in Compromise Agreements Cont’d

May 29th, 2009 · No Comments · Adviser's Certificate in Your Compromise Agreement, Choosing an Independent Legal Advisor to provide Advice on the Terms of your Compromise Agreement, Compromise Agreements, Confidentiality Provisions in a Compromise Agreements, Contract of Employment, Keeping the Terms of your Compromise Agreement Confidential, Necessity for Legal Advice on the Terms of Your Compromise Agreement, No Admission of Liability on the Part of your Employer, No Entitlement to Compensation, Signing Compromise Agreements, Warranties

We are continuing with our discussion on warranties in compromise agreements. Our previous entries explain a number of warranties that you will have to give to your employer. One of the key warranties is that: 1. You have received independent legal advice on all and any claims that you might be able to bring against […]

[Read more →]

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Warranties in Compromise Agreements Cont’d

May 24th, 2009 · 1 Comment · Compromise Agreements, Contract of Employment, Dismissal Before the Termination Date, Entitlement to Untaken Accrued Holidays, Keeping the Terms of your Compromise Agreement Confidential, No Entitlement to Compensation, Post Termination Restrictions after Signing a Compromise Agreement, Signing Compromise Agreements, Termination Date, Termination of Employment, Warranties, Your Compromise Agreement is a Binding Contract

We are continuing with our discussion on warranties in compromise agreements. Our previous entries explain a number of warranties that you will have to give to your employer. One of the key warranties is that:You have received independent legal advice on all and any claims that you might be able to bring against your Employer […]

[Read more →]

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