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A settlement agreement, formerly 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 form. The agreement can be a court-approved agreement or a negotiated settlement between parties or their lawyers. Various requirements must be met for the agreement to be valid, including the employee being represented by a lawyer who signs a certificate in the agreement. This certification is crucial for the agreement's effectiveness from the employer's perspective.
