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hello my name is Eve spring Betts Im a hey char assistant director at EPM today Im going to be answering some of the common questions that we get asked in relation to settlement agreements a settlement agreement previously known as a compromise agreement is a legally binding document that is used to end employment on mutual terms it usually includes a termination date a payment of notice and additional payment and a waive of any claims that the employee may have against the employer a protected conversation or without prejudice conversation allows for confidential discussion between the employee and the employer this discussion is not disclosed ability tribunal should an employment claim be made there are some exceptions however which includes acts of discrimination or unfair pressure put on the employee by the employer during this discussion the discussion can be initiated by either the employee or the employer although often its initiated by a trade union representative who will p