Settlement agreement templates

Settlement agreement templates

Settlement agreement templates (aka compromise agreements) are provided for you below free of charge. They are all fully up to date and compliant with the Equality Act and other relevant legislation. Remember that each case is different, so each settlement agreement will tend to be different too.

Settlement agreement template for employees with long garden leave or notice period

This is for people who are going on a long garden leave or working out their notice, rather than finishing work straight away. Essentially you sign the first part when originally agreeing to the deal, and then you sign the second part after you have come to the end of your employment. It is supposed to ensure that you don’t do anything bad in between. It is fairly complicated however, and we would urge you to seek specialist legal advice about this.

Settlement agreement with shares and company car

Primarily for client’s whom have senior executive employee positions, or shares they wish to negotiate as part of their exit package. Employer’s behaviour was not appropriate, and therefore agreed to giving the company car out of good measure.

Settlement agreement including pension payment

This settlement agreement includes a tax free ex gratia payment of over £30,000 into an employee’s pension fund. The template is mainly for employees near retirement. It isn’t most appropriate for younger employees as pension money won't be accessible to them for a long time.

Settlement agreement template: Standard version 2

This is a variation of the 1st standard template, which again can be adapted for use in many everyday agreements.

Settlement agreement template: Standard version 1

This settlement includes many terms and clauses which feature in ordinary agreements and can readily be adapted for your own use in such circumstances.

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