This is an agreement that employees are sometimes presented with when their employment is being ended. They are common in redundancy situations, but can be used in other situations, too. The key point is that, in signing a Settlement Agreement, you will be losing your right to bring or pursue certain claims against your employer once you have left. It is a legal requirement that employees have legal advice on the terms and effect of the agreement, and the employer should pay some or all of the employment law solicitor fees for that advice.