023 9298 1000 connect@verisonalaw.com ABOUT FOR YOU FOR YOUR BUSINESS SPECIALIST AREAS NEWS CONTACT US EXECUTIVE TERMINATION Executive termination Top level employees and executives often face mistreatment when employers wish to terminate their contract of employment. Verisona Law offers support and guidance to executives whose employment is ending. Our dedicated team of specialist employment lawyers can provide advice on settlement agreements and can assist directors or senior executives in negotiating improved terms of severance when they are faced with dismissal or redundancy. It is essential that the reason for your termination is clearly explained from the outset. The reason for the termination will outline the process to follow. Reason for termination The reason for termination will be key to the overall management of the exit process, and it will impact your contractual entitlements, including whether you’re eligible to make a legal claim. Having acted for directors, senior executives and employers throughout the process of executive termination, our team of specialist employment solicitors are experienced in litigation where agreement cannot be reached on terms of severance. Offering expert guidance from the outset, Verisona Law ensures that proper consideration is given to matters that will have an effect on the outcome of the negotiations. Considerations When your employer is considering the termination of a Director’s or Senior Executive’s employment, a multitude of considerations come into play, including: Are you receiving adequate compensation? What contractual payments are you due and what likely compensation could be awarded in addition in respect of any unfair dismissal or discrimination claim? Will you be subject to restrictive covenants and are such covenants reasonable? How should a Director’s position at Companies House be dealt with? If applicable, how should the business deal with any shares you hold in the company? It is important that your employer has a discussion with you regarding the above points without prejudice, with a view to reach an agreement. The terms of any agreement reached between you and the organisation should be recorded in a settlement agreement. Contact us today If you’d like to find out more or you’d like to make a claim against your employer, then contact our specialist employment law team today on 02392 98 1000 or email us at connect@verisonalaw.com Our team Select category Show All Child Abuse Commercial Property Corporate and Commercial Employment Family Football and Sport Litigation Marine Residential Conveyancing Wills, Trust and Probate There are currently no solicitors in the selected category Contact us today Name* First Last Phone* Email* Your Message* Future communications* I consent to receiving information from the Metamorph group of companies. I do not consent to receiving information from the Metamorph group of companies. Verisona Law is part of the Metamorph Group of companies. Metamorph, its subsidiaries and associated companies provide legal, financial and professional services. By consenting to receive information from us, you will benefit from sector updates, general marketing and you will be kept informed of any discounts available for our services. Communications will be sent from Metamorph Group Services Limited and your data will be shared for this purpose only – we do not sell your data to third parties. For more information on how we will use this data, please click here . CAPTCHA Address Waterlooville Office Wellesley House 202 London Road Waterlooville PO7 7AN 023 9298 1000 connect@verisonalaw.com Our Services Historic Abuse Claims Clinical Negligence Employment Law for Individuals Family Law Personal Injury Wills, Trust & Probate Corporate and Commercial Commercial Property Employment Law for Businesses Football and Sports Law Marine Law About About us Our Team Client Area Price and Service Information Cookies Policy Privacy Policy Cookie Policy | Privacy Policy | Our Costs | Terms and Conditions | Feedback | Complaints | Equality & Diversity Verisona Law is a trading style of MLL Ltd. Registered as a limited company in England and Wales, registration number 5907992. Company registered address is at Sale Point, 126-150 Washway Road, Sale, M33 6AG. Authorised and regulated by the Solicitors Regulation Authority (SRA ID 446632). VAT registration number 742326449. Names of Directors are available on request. MLL Ltd is part of the Metamorph Group. See here for the Group’s full legal and regulatory information. © 2021 Copyright Verisona Law We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies. However you may visit Cookie Settings to provide a controlled consent. To find out more and amend your preferences, please visit our Cookie Policy page. Cookie settingsACCEPT