In order to fully understand the term “settlement agreement”, it is a legally binding agreement that defines the full terms and conditions between the worker and his employer. Therefore, each of the subdivisions differs from each other, but the documents will include clauses. This clause is as follows: “Claims are settled”, “Relevant tax matters” and “payments that a person receives. Another clause, such as the confidential clause, so that you can not have the chance to denigrate the employer and any kind of indication agreed by the employer”, or The situation becomes very discouraging when the employer undertakes to give individuals a settlement agreement. Your acceptance is entirely up to you. However, people whose employment contract is terminated will benefit from a settlement agreement and will be dismissed. .