This Practice Note sets out links to key precedents in Lexis+UK Employment Practical Guidance relating to employment settlement agreements (formerly compromise agreements), including the post-employment notice pay (PENP) calculation, letters of advice, Acas-conciliated (COT3) settlement agreements, two-stage settlement (re-affirmation) and additional settlement agreement clauses. Settlement agreements and post-employment notice pay (PENP) calculation See: • Settlement agreement (employment) • Settlement agreement (employment) (short form) • Settlement agreement (employment) (short form, Scotland) • Compromise agreement (employment) (short form, Northern Ireland) • Settlement