Compromise Agreements Clause Samples
A Compromise Agreements clause sets out the terms under which parties can resolve disputes or claims by mutual agreement, typically outside of court. This clause outlines the process for negotiating and formalizing a settlement, often requiring both parties to waive further claims related to the dispute once the agreement is signed. Its core function is to provide a clear, enforceable mechanism for settling disagreements efficiently, thereby reducing the risk, cost, and uncertainty of litigation.
Compromise Agreements. Copies of the compromise agreements entered into between the Company and each of B▇▇▇▇ ▇▇▇▇▇▇ and F▇▇▇▇ ▇▇▇▇▇▇▇ are annexed to the Disclosure Letter.
Compromise Agreements the compromise agreements in the agreed from to be entered into at Completion between each of ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇ ▇▇▇▇▇▇ and the Company.
Compromise Agreements. ▇▇▇▇▇▇▇ Wales and BDML shall enter into a tripartite compromise agreement with each Employee who is formally accepted for voluntary redundancy either on or after Completion (the "Accepted Employees") in the form agreed and attached hereto as Schedule 11 (the "Compromise Agreements"), subject to the refusal of an Accepted Employee to enter into a Compromise Agreement with either party. ▇▇▇▇▇▇▇ Wales shall conduct any necessary negotiation with the Accepted Employees on the terms of the Compromise Agreements. Any changes made to the form of the Compromise Agreements as contained in Schedule 11 must be agreed in writing with BDML prior to final confirmation of the terms of each Compromise Agreement with the relevant Accepted Employee, such consent not to be unreasonably withheld or delayed. ▇▇▇▇▇▇▇ Wales shall be wholly liable for all costs incurred by ▇▇▇▇▇▇▇ Wales in the drafting and negotiation of any Compromise Agreement and to any Accepted Employee for any contribution that ▇▇▇▇▇▇▇ Wales agrees to make towards the legal fees that any Accepted Employee may incur in obtaining independent legal advice on the terms of the Compromise Agreement and shall indemnify and keep indemnified BDML for any Demand arising from or in connection with such costs or fees.
Compromise Agreements. The parties agree and acknowledge that the conditions regulating compromise agreements contained in Section 203(3) of the Employment Rights ▇▇▇ ▇▇▇▇, Section 77(4A) of the Sex Discrimination ▇▇▇ ▇▇▇▇, Section 72(4A) of the Race Relations ▇▇▇ ▇▇▇▇, Section 288(2B) of the Trades Union and Labour Relations (Consolidation) ▇▇▇ ▇▇▇▇, Section 9(3) of the Disability Discrimination ▇▇▇ ▇▇▇▇, Regulation 35(3) of the Working Time Regulations 1998 and Section 49(4) of the National Minimum Wage 1998, Regulation 41(4) Trans-national Information and Consultation of Employees Regulations 1999, Regulation 9 of the Part-Time Workers (Prevention of Less Favourable Treatment) Regulations 2000, Regulation 10 of the Fixed-Term Employees (Prevention of Less Favourable Treatment) Regulations 2002, Paragraph 2(2) of Part 1 to Schedule 4 of the Employment Equality (Religion or Belief) Regulations 2003, and Paragraph 2(2) of Part 1 to Schedule 4 of the Employment Equality (Sexual Orientation) Regulations 2003 or in any other legislation relating to compromise agreements or contracts are intended to be and have been satisfied.
Compromise Agreements. The Company shall have delivered to Parent signed compromise agreements in a form satisfactory to Parent in respect of each of ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ and ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ complying with the provisions of section 203 of the Employment Rights ▇▇▇ ▇▇▇▇ and signed by the solicitor to each of the above named individuals.
Compromise Agreements. Seller shall have delivered a fully executed compromise agreement between Seller and ▇▇▇ ▇▇▇▇▇ and between Seller and ▇▇▇▇▇▇ ▇▇▇▇▇▇ in a form satisfactory to Buyer.
Compromise Agreements. Each of the individuals listed on Schedule 3.4(t) will have executed a compromise agreement with the Company in form and substance reasonably satisfactory to the Purchaser.