Employee Settlement Agreement Template UK

You can find the Employee Settlement Agreement Template UK in multiple formats, including PDF, Word, and Google Docs, featuring editable and printable samples for your convenience.


Sample

Employee Settlement Agreement Template UK

Editable – Printable



Employee Settlement Agreement Template UK

1. Employee Information


2. Employer Information


3. Agreement Overview

4. Terms of Settlement

5. Employee Obligations

6. Employer Obligations

7. Release of Claims

8. Confidentiality Clause

9. Governing Law

10. Signatures and Acceptance

11. Declaration and Signatures




PDF


WORD

Examples


Employee Settlement Agreement Template UK (1)
Between:
[Name of the Employee]
[Employee’s Employee ID]
[Employee’s Address]
[Employee’s Phone]
[Employee’s Email]
And:
[Name of the Employer]
[Employer’s Company Name]
[Employer’s Address]
[Employer’s Phone]
[Employer’s Email]
Introduction:
This settlement agreement is made to outline the mutual terms and conditions agreed upon in relation to the termination of employment of [Name of the Employee] effective from [Termination Date].
Clause 1: Settlement Amount
The Employer agrees to pay the Employee a settlement amount of [Amount] to resolve all claims related to the employment.
Clause 2: Payment Schedule
The settlement amount will be paid in the following manner: [Specify payment details, e.g., lump sum or installments].
Clause 3: Release of Claims
The Employee agrees to release the Employer from any claims or liabilities arising out of or in connection with their employment and its termination.
Clause 4: Confidentiality
Both parties agree to keep the terms of this settlement confidential, except as required by law or regulatory authority.
Clause 5: Governing Law
This agreement shall be governed by and construed in accordance with the laws of [Jurisdiction, e.g., England and Wales].
Signed in [City], [Date].
Sincerely,
[Signature of the Employee]
[Name of the Employee]
[Signature of the Employer]
[Name of the Employer]
Employee Settlement Agreement Template UK (2)
Between:
[Name of the Employee]
[Employee’s Employee ID]
[Employee’s Address]
[Employee’s Phone]
[Employee’s Email]
And:
[Name of the Employer]
[Employer’s Company Name]
[Employer’s Address]
[Employer’s Phone]
[Employer’s Email]
Introduction:
This agreement sets forth the terms of the settlement plan between the Employee and the Employer regarding the conclusion of the employment contract dated [Start Date].
Clause 1: Compensation
The total compensation to be paid to the Employee amounts to [Amount], which encompasses any outstanding wages or accrued holidays.
Clause 2: Timeline for Payment
Payments will be disbursed to the Employee no later than [Date], following the execution of this agreement.
Clause 3: Non-Disclosure
The Employee agrees not to disclose any confidential information pertaining to the Employer’s business acquired during their period of employment.
Clause 4: Return of Property
The Employee agrees to return all company property, including [List specific items such as laptops, keys, etc.], by [Return Date].
Clause 5: Jurisdiction
This agreement will be interpreted in accordance with the laws of [Jurisdiction, e.g., England and Wales].
Signed in [City], [Date].
Sincerely,
[Signature of the Employee]
[Name of the Employee]
[Signature of the Employer]
[Name of the Employer]

Printable



Employee Settlement Agreement Template UK