Posted on 24/07/2020 under redundancy, Uncategorized,
The following sums are usually included in a settlement agreement:
- contractual payments up until the end of employment
- payment in lieu of notice
- a termination payment, including an ex gratia payment
- bonus payments / share schemes/ long-term incentive plans (LTIPs)
- further sums as consideration for any confidentiality clauses and/or post-termination restrictions
- all other statutory/contractual claims that might arise in an employment situation