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A compromise agreement, previously known as a settlement agreement, allows an employer to resolve all potential claims an employee may have. Employees cannot waive certain rights unless the agreement is in a specific form, either as a settlement or compromise agreement, or as a COT 3. For these agreements to be valid, a legal adviser must certify that they have explained the terms and implications, particularly regarding the employee's ability to pursue employment claims. Spring House has extensive experience with compromise agreements and offers additional information on their website.
