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today Im talking to Andrew Thurman at Carter lemon Camerons hello Andrew hello Jo about talk to you about settlement agreements so could you start off by telling me what is a second mint agreement and how does that differ to a compromise agreement so a settlement agreement is a contract entered into between employer and employee under which there is an agreement that the employment relationship will terminate the employee gets paid out their contractual entitlements and a little bit extra to take into account that they are giving up any claims they have against the employer the employer has a certainty of knowing that no claims can be bought as a result compromise agreements are what settlement agreements used to be called and what does a settlement agreement include typically it deals with how much is going to be paid out there might be some provisions as to whether the employee can then go work for a competitor it will deal with confidentiality possibly the provision of a referenc