| Dear Mark
I have more experience of this subject than is healthy. I have executed compromise agreements with many staff and had a couple executed against me.
There are a lot of excellent points on this post and you should make your solicitor aware of them.
Be aware that in order for the compromise to be legally binding your employer is obliged (subject to certain limits) to pay for you to see a solicitor.
At risk of being repetitive do not sign anything until your solicitor is happy.
The way in which your compromise agreement is structured could save you a lot of tax.
If you are not totally sure about things once you have seen your solicitor email me your phone number and I would be very happy to talk it through with you.
Kind Regards and Good Luck
Dave | 
14-Feb-2006, 00:56 
Threaded Mode