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A settlement agreement (previously known as a compromise agreement) allows employees to resolve claims against their employer. Employees cannot waive their rights without the agreement being in a specific format. This can be a court-approved agreement (a court three agreement) or a settlement agreement negotiated by lawyers or parties. Certain conditions must be met for a settlement agreement to be valid, including the employee being represented by a lawyer who signs off a certificate in the agreement. Without this certificate, the agreement will not be enforceable.
