Confidentiality clauses are common in transaction agreements. They generally mean that the parties promise not to make prejudicial statements about each other. This would prevent you from making damaging comments in the press or on social media about your employer, even if you are telling the truth. It could also prevent you from reporting abuse as whistleblowers. Your lawyer should explain the consequences carefully. It doesn`t matter if most of the claims mentioned don`t apply to you. The important point to understand is that you must not assert rights against your employer once the contract has been signed. There are certain requirements that cannot be waived by a transaction contract. Typically, these are accrued pension rights, unknown claims or a right to a breach of the transaction contract, i.e.

you did not pay the employee the amounts mentioned in the transaction contract. The transaction contract lawyer will review the context of the transaction agreement provided by your employer and tell you if you receive appropriate compensation. You should refer to your employment contract to calculate the correct notification and check if the amount of compensation covers a reasonable amount. If bonuses are due, they should consider this issue and develop appropriate severance pay. Much of the settlement agreement is written in legalistic language and deals with various issues that can be very distressing for those who do not have legal training. It is important that your lawyer explain the legal consequences of signing a settlement agreement, including the legal guarantees you take, such as the confidentiality clause. B, and penalties for violating any of these guarantees. The employee`s counsel should advise the employee if the agreement is intended to prevent disclosure of the public interest and seek to amend the agreement.

My settlement agreement says «without prejudice» – what does that mean? A transaction contract could involve your employer, who promises to pay you a sum of money, no longer illegitimate you or treat both.