What is a settlement agreement?

Learn what a settlement agreement is, how it resolves disputes out of court, and its role in legal negotiations.

What is a settlement agreement?
William May-01-2023 03:00:32
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A settlement agreement is a legally binding contract between two parties, usually an employer and an employee, to resolve a dispute without taking the matter to court. The agreement outlines the terms of the settlement, including any financial compensation the employee may receive, any other benefits they may receive, and any responsibilities each party has to take. Settlement agreements are commonly used to resolve workplace disputes.
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Hadi
19 Ques 1 Ans
answered 22 Aug 2023

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