Without Prejudice and Subject to Contract. This letter will confirm the agreement (the “Agreement”) that has been reached by and between you and Investment Technology Group, Inc. (“ITG” or the “Company”) in connection with the termination of your employment with ITG. For the purposes of this Agreement references to “Group Company shall mean any company of which the Company is a Subsidiary (its holding company) and any Subsidiaries of the Company or of any such holding company. “Subsidiary” in relation to a company (a holding company) means a subsidiary (as defined in section 1159 of the Companies Act 2006) and any other company which is a subsidiary (as so defined) of a company which is itself a subsidiary of such holding company.
Without Prejudice and Subject to Contract. COMPROMISE AGREEMENT This Agreement is made the day of 200_
Without Prejudice and Subject to Contract. Protected by Section 111A Employment Rights Act 1996 Depending on the route that the settlement agreement was introduced to you, it may have this written on it (or variations this phrase). This essentially means that, until the settlement agreement has been completed by you and your employer, it will remain an entirely private document that cannot even be referred to in legal proceedings. Once it has been completed, the without prejudice nature of the settlement agreement will fall away and the agreement may be referred to in certain limited circumstances (for example, if you need to disclose it to HMRC and/or if there is a subsequent breach of the settlement agreement). It is also usual for a settlement agreement to specifically state that it cannot be used to prevent you from whistleblowing after it has been completed. However, if you are considering blowing the whistle on your employer, you must follow your employer’s whistleblowing procedure before approaching a relevant external organisation. Usually, a settlement agreement will also contain quite specific confidentiality provisions that will ensure the ongoing secrecy surrounding the document, despite the exceptions set out above. If that is the case, then the confidentiality clause(s) will take the pace of the without prejudice nature of the document to prevent you from discussing it openly. Do I have to accept the settlement agreement? No. It is entirely up to you whether you accept the settlement agreement or not. However, it is important to note that either you or your employer may withdraw from the settlement agreement at any time before it is completed. Can my employer withdraw the settlement agreement? Yes, if the settlement agreement is still at a stage where it has not been completed. After the settlement agreement has been completed, it can only be revoked or varied with the consent of the parties, which usually means you and your employer. Can I negotiate the terms of the settlement agreement? Yes. However, firstly it is important to note that your employer does not have to agree to your suggested amendments or inclusions in the settlement agreement. Secondly, if you instruct your relevant independent adviser to negotiate the terms and effects of the settlement agreement with your employer on your behalf, this may lead to increased legal fees. Your employer may agree to cover these increased fees but is not obliged to, in which case you will remain responsible for paying the balance of the...
Without Prejudice and Subject to Contract. IT IS AGREED as follows:-
Without Prejudice and Subject to Contract. Notwithstanding that this Agreement is marked “Without Prejudice and Subject to Contract”, it will, when dated and signed by all the parties named below and accompanied by the attached certificate signed by the Independent Adviser, become an open agreement. Signed on behalf of The Hertz Corporation /s/ Xxxx Xxxx.................................... /s/ Xxxxxx Xxxx.............................. Signed by Xxxxxx Xxxx SCHEDULE 1 Claims: Employment Rights Act 1996
Without Prejudice and Subject to Contract. The parties agree that this Agreement shall be deemed without prejudice and subject to contract until it has been executed and dated by the parties upon which time it shall become open and binding.
Without Prejudice and Subject to Contract. THIS SETTLEMENT AGREEMENT is made as of the 9th day of March 2023 between:
Without Prejudice and Subject to Contract. 2.6.1 continue to pay the Executive's health benefits; and
Without Prejudice and Subject to Contract. Companies Act 1985 and save in respect of the Company's right to enforce the terms of this Agreement.
Without Prejudice and Subject to Contract. This Agreement is between: McDermott Marine Construction Limited (the “Employer”); and Xxxxx Xxxxxxx (“you”).
