What is a settlement agreement?

What is a settlement agreement?
William May-01-2023 03:00:32
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A settlement agreement is a legally binding contract between two parties, usually an employer and an employee, to resolve a dispute without taking the matter to court. The agreement outlines the terms of the settlement, including any financial compensation the employee may receive, any other benefits they may receive, and any responsibilities each party has to take. Settlement agreements are commonly used to resolve workplace disputes.
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Hadi
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answered 22 Aug 2023

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