After an employee leaves employment he or she will remain under an implied (unwritten) duty to keep confidential any information that amounts to a trade secret. The obligation is one of unlimited duration.
An employer may want to remind the ex-employee about their obligation to keep the employer’s business affairs confidential and will include an express confidentiality clause to this effect in the settlement agreement.
Settlement agreements may run to several pages in length. Each settlement demands a tailored agreement, however the following key clauses are typically included:
When are they used? What is in them? Use our guide to understand more about settlement agreements
Depends on a variety of factors. We will advise about the particulars of your situation and explain how much compensation is appropriate
Is a settlement agreement offered when employees are redundant? Find out more on our redundancy pages
We seek to address your legal needs in a way that suits you. For certain matters we can offer a fixed fee arrangement. Learn more about costs with Aeon settlements
Discover more about the terms that the employer will include in the settlement agreement.