The Redundancy Settlement Agreement Template UK is offered in multiple formats, including PDF, Word, and Google Docs, providing editable and printable examples for your convenience.
Redundancy Settlement Agreement Template UK Editable – PrintableSample
Redundancy Settlement Agreement Template UK 1. Employee Information 2. Employer Information 3. Agreement Overview 4. Settlement Payment Details 5. Terms of Employment Termination 6. Confidentiality Obligations 7. References 8. Waiver of Claims 9. Legal Advice Confirmation 10. Signatures and Agreement 11. Declaration and Signatures
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WORD
Examples
[Name of the Employee]
[Employee’s ID]
[Employee’s Address]
[Employee’s Phone]
[Employee’s Email]
[Name of the Employer]
[Employer’s ID]
[Employer’s Address]
[Employer’s Phone]
[Employer’s Email]
This agreement outlines the terms and conditions of the redundancy settlement being offered to [Name of the Employee] by [Name of the Employer] due to [Reason for Redundancy], effective as of [Effective Date].
The Employee acknowledges the termination of their employment with the Employer effective on [Termination Date] and agrees to the redundancy settlement outlined herein.
The Employer agrees to pay the Employee a total settlement amount of [Amount] to cover statutory redundancy pay, notice pay, and any additional contractual payments.
The Employee will retain the following benefits until [End Date of Benefits]: [List specific benefits such as health insurance, outplacement services, etc.].
Both parties agree to maintain confidentiality regarding the terms of this agreement and any related discussions, unless required by law.
By signing this agreement, the Employee waives any future claims against the Employer relating to their employment or termination thereof.
This agreement shall be governed by and construed in accordance with the laws of [Jurisdiction, e.g., England and Wales].
[Signature of the Employee]
[Name of the Employee]
[Signature of the Employer]
[Name of the Employer]
[Name of the Employee]
[Employee’s ID]
[Employee’s Address]
[Employee’s Phone]
[Employee’s Email]
[Name of the Employer]
[Employer’s ID]
[Employer’s Address]
[Employer’s Phone]
[Employer’s Email]
This agreement is made to set forth the terms of redundancy and compensation for [Name of the Employee], who is being made redundant due to [Reason for Redundancy] effective [Effective Date].
The Employee acknowledges that they have been given [Notice Period, e.g., four weeks’ notice] of the redundancy.
The total settlement amount agreed by both parties is [Amount], which encompasses statutory redundancy pay and any additional agreed compensation.
The Employee agrees to return all company property, including but not limited to [List of Company Property, e.g., laptops, keys], prior to the final settlement payment.
Both parties agree not to make any disparaging remarks about each other to third parties.
The Employee understands that their ability to seek future employment will remain unaffected by this agreement, except for the non-disparagement clause.
This agreement shall be governed by the laws of [Jurisdiction, e.g., England and Wales].
[Signature of the Employee]
[Name of the Employee]
[Signature of the Employer]
[Name of the Employer]
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