Senior Executive Settlement Agreements

David is top-ranked and listed as a Leading Individual specifically for his work with senior executives in the latest Legal 500 2023 edition (the main independent guide to the best lawyers in the UK).

David has over 25 years experience of advising senior executives on their settlement agreements and understands the complex and high values issues which are often involved.

Are you a senior executive?  Do you need advice and sign off on a settlement agreement? Or would you like help in securing better terms?

For immediate assistance from David please call him now on 020 3603 2177 or Click here to make a free online enquiry.

“Practical clear advice”

“Always at the end of the phone and very responsive”

Often exit terms will be contained in a settlement agreement (previously known as compromise agreements).  The first draft of which is prepared by the employer and given to the senior executive usually after a protected/without prejudice conversation discussion involving HR.

David uses his litigation background and his tactical expertise to negotiate high-value settlement terms.  His expertise in helping senior executives has been recognised over the years by both the main independent guides to the UK legal profession.

Many of David’s senior level clients have valuable elements in their employment packages like equity awards, shares, long term incentive plans (LTIPs), options and bonuses.  These elements usually form key elements for negotiation and protection in settlement agreement terms.

If the terms on offer do not reflect the value of your potential claims or what you know has been paid to others at your level, David can negotiate to secure enhanced terms.

Once you understand the value of any potential claims you may have David can help you in weighing this against the value of what is on offer in the draft settlement agreement given to you by your employer.

Examples of settlement agreement terms that David regularly helps negotiate:

• increases in the ex-gratia/tax free element
• pay in lieu of notice and whether this should also include benefits and pension
• bonuses
• treatment of options – leaver status and pro-rata and/or accelerated vesting
• agreed reference
• agreed internal and/or external leaving statements
• reductions/variations of post termination restrictive covenants
• restrictions on your employer disclosing the terms and existence of the settlement and/or damaging your reputation
• retaining company property (e.g. mobile phone number, company car, laptop etc.)
• extension of medical cover
• outplacement support

David has produced a Guide for senior executives on the issues involved in negotiating settlement agreement terms.  Read the Guide here.

If you are a senior executive and need advice and sign off on the terms of a settlement agreement or if you want advice on negotiating for better terms please call David for an initial discussion on 020 3603 2177 or Click here to make a free online enquiry.

“Would not hesitate in recommending David”

“Personable and straight talking”