Settlement agreement additional clauses—tripartite agreement (TUPE transfer)

The following Employment precedent provides comprehensive and up to date legal information covering:

  • Settlement agreement additional clauses—tripartite agreement (TUPE transfer)

Settlement agreement additional clauses—tripartite agreement (TUPE transfer)

Parties

  1. 1

    [Intentionally blank]

  1. 2

    [Insert Transferee’s name] whose registered office is at [insert Transferee’s address], company registration number [insert Transferee’s company number] (‘Transferee’); and

  1. 3

    [Intentionally blank]

Recitals:

    1. (A)

      [Intentionally blank]

    1. (B)

      [Intentionally blank]

    1. (C)

      [Intentionally blank]

    1. (D)

      [Intentionally blank]

    1. (E)

      It is proposed that the Employer’s business of [insert description] in which you [are OR have been] employed will be transferred to the Transferee on or around [insert date].

    1. (F)

      You, the Employer and the Transferee have agreed terms of settlement of all claims you have or may have against the Employer and/or the Transferee arising out of or in connection with your employment and its termination[, including the [Claim(s), AND/OR Tribunal Claim, AND/OR High Court Claim, AND/OR County Court Claim]] and upon which your employment with the Employer will terminate and intend this Agreement to be an effective waiver of those claims and to satisfy the conditions relating to settlement agreements in the relevant legislation.

    1. 1

      Definitions and interpretation

      1. 1.1

        [Confidential Information

        1. all information or data in whatever form of a confidential or proprietary nature, whether or not labelled or designated as such, relating to the products, services, business, finances, transactions and affairs of the Employer[ or any Group Company][ or the Transferee], trade secrets, including technical data and know-how relating to the business of the Employer[ or any Group Company][ or the Transferee] or

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