Reaffirmation agreement (two-stage settlement)
Published by a LexisNexis Employment expert
PrecedentsReaffirmation agreement (two-stage settlement)
Published by a LexisNexis Employment expert
PrecedentsThis reaffirmation Agreement is made on [insert date]
Parties
1
[Insert Employer’s name] whose Registered office is at [insert Employer’s address], company registration number [insert Employer’s company number] (‘Employer’); and
2
[Insert Employee’s name] of [insert Employee’s address] (‘you’)
the parties agree:
1
Settlement agreement
1.1
This Reaffirmation Agreement is being entered into in accordance with Clause [insert number] of the settlement agreement between the parties dated [insert date] (‘Agreement’).
1.2
In this Reaffirmation Agreement, words and expressions shall have the same meanings as defined in the Agreement[ except that in this Reaffirmation Agreement ‘Adviser’ means [insert name of Adviser] of [insert name of Adviser’s firm/organisation] of [insert address]].
1.3
This Reaffirmation Agreement is being entered into in consideration of the Employer agreeing to pay you the Compensation Payment under the Agreement.
2
Full and final settlement
2.1
You acknowledge and agree that the Agreement is made[ without any admission of liability on the part of the Employer] in full and final settlement of the claims set out in Clauses [2.2, ]2.3 and 2.4, but excluding,
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