{"id":12567,"date":"2017-09-12T13:27:05","date_gmt":"2017-09-12T11:27:05","guid":{"rendered":"https:\/\/www.hupkesadvocaten.nl\/i-have-received-a-settlement-agreement-from-my-employer-what-now\/"},"modified":"2022-08-19T11:43:38","modified_gmt":"2022-08-19T09:43:38","slug":"i-have-received-a-settlement-agreement-from-my-employer-what-now","status":"publish","type":"post","link":"https:\/\/www.hupkesadvocaten.nl\/en\/i-have-received-a-settlement-agreement-from-my-employer-what-now\/","title":{"rendered":"I have received a settlement agreement from my employer. What now?"},"content":{"rendered":"

An employment contract can end in several ways. This is the case, among others, when an employer and an employee enter into a settlement agreement. But what should be in such an agreement? And what are your rights and obligations? You can read more about that in this blog.<\/strong><\/p>\n

What is a settlement agreement?<\/h4>\n

In employment law, a settlement agreement is also called a termination agreement. This agreement sets out the arrangements between the employer and employee surrounding the dismissal<\/a>.<\/p>\n

Do I have to participate in that?<\/h4>\n

No, you don’t have to. An agreement does not come into being until both parties sign it. If both the employer and the employee agree, it is a termination by mutual consent.<\/p>\n

However, it is wise to consider why the employer wants to terminate the employment contract by means of a settlement agreement. Indeed, sometimes it may be advisable to cooperate in order to avoid a possible dismissal with more adverse consequences.<\/p>\n

However, it may also be a (better) option to not cooperate, or to find out whether the employment contract can end on better terms (e.g., a higher severance payment).<\/p>\n

What do I need to pay attention to?<\/h4>\n

If you are open to a termination by means of a settlement agreement, it is important to check whether various topics are (correctly) included in the agreement. Some examples will be given below.<\/p>\n