7.4 The worker acknowledges: that the terms relating to settlement agreements referred to in section 147 of the Equality Act 2010, section 77(4A) of the Sex Discrimination Act 1975 (with respect to the rights set out in this Act and the Equal Pay Act 1970), section 72(4A) of the Race Relations Act 1976, section 288(2B) of the Trade Union and Labour Relations Act 1992, Paragraph 2 of Schedule 3A of the Disability Discrimination Act 1995, section 203(3) of the Employment Rights Act 1996, Regulation 35(3) of the Working Time Regulations 1998, Section 49(4) of the National Minimum Wage Act 1998, Transnational Information and Consultation Regulation 41(4), etc. Regulations 1999, Regulation 9 der Part-Time Workers (Prevention of Treatment of Less Günstiger) Regulations 2000, Regulation 10 der Fixed-Term Employees (Prevention of Treatment of Less Günstiger) Regulations 2002, Section 2(2) of Schedule 4 to the Equality in Employment (Sexual Orientation) Regulations 2003, Subsection 2(2) of Schedule 4 to the Equality of Employment (Religion or Belief) Regulations 2003, Regel 40(4) der Employee Information and Consultation Regulations, 2004, Section 12 of the Schedule to Occupational and Personal Pension Plans (Employer Consultation and Miscellaneous Amendment) Regulations 2006 and section 2(2) of Schedule 5 der Employment Equality (Age) Regulations 2006 wurden erfüllt. They are usually used to remove an employee due to poor performance, to avoid legal challenges in dismissal situations or to facilitate the removal of executives without embarrassment. This type of comparison agreement includes a wide range of details relating to the termination of the employment relationship, including all standard conditions, for example. B final payment and compensation, leave and leave, as well as a detailed waiver of all possible claims, as well as a series of `good practice` clauses, such as a standard work reference, a number of restrictions after the dismissal of the worker, for example. B a gag clause, and a provision that the worker must confirm that he has received his or her own legal advice. The “full and final resolution” case is often used by the debtor when the debtor makes a written or oral statement that the payment now resolves the problem. It can also take a more formal form, such as the fine print at the end of a transfer declaration, showing that the partial refund is the “full and final statement”. If the creditor accepts a payment made at the same time, it can be assumed that an “offer of amortization” on the residual debt has been accepted. As an applicant/creditor, you must react very carefully to a full and final agreement.
With respect to a debt, you must assess the creditworthiness of the debtor before accepting a payment or a full and final payment by the debtor. In the event of a claim, you should appreciate the merits of your case and the possibility of winning in court/arbitration before accepting a full and final settlement of all claims of any kind arising out of the case….