Common use of Special severance payments Clause in Contracts

Special severance payments. There is no delegation for special severance payments (payments made to the employee outside their statutory or contractual entitlement upon termination of their employment contract). Each payment, regardless of value, will require HM Treasury approval before an offer can be made.

Special severance payments. There is no delegation for special severance payments (payments made to the employee outside their statutory or contractual entitlement upon termination of their employment contract). Each payment, regardless of value, value will require HM Treasury approval before an offer can be made.