Settlement Agreements For Employment Termination Cases ...

The Practical Litigator | 11 Kiffi Y. Ford and Lee Hornberger Terminations are hard for everybody. Don t make them worse by leaving important details up in the AND DRAFTING Settlement Agreements in the context of Employment disputes most often focuses on monetary compensation and other forms of consideration. From the employee s perspective, Settlement discussions are a highly emo-tional process directly affecting his or her livelihood and future. For the employer, the process involves a multitude of competing business interests. From either angle, it is crucial that the parties memorial-ize all material terms of any Settlement agreement in writing. This article addresses significant terms and provisions that most often appear in Settlement Agreements arising out of the Employment agreement TERMS The scope of a Settlement agreement is determined by the intent of the parties as expressed in the release.

paid for accrued vacation and the time by which such amount should be paid. This is preferable to the agreement simply providing that an un-determined amount of accrued vacation will be paid. From the plaintiff’s perspective, one way to handle vacation pay is for the agreement to provide: Your last day of work will be Friday, June 3, 2011.

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