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An amendment is a change or addition to the terms of a contract or document. An amendment is often an addition or correction that leaves the original document substantially intact. Other times an amendment can strike the original text entirely and substitute it with new language.
Amended Settlement Agreement means this agreement and all of its attachments, as each may be amended from time to time pursuant to Section 17.27 (Amendments).
How to Negotiate the Best Deal on Your Settlement Agreement Prepare Well for the Settlement Agreement Negotiation. ... Decide which negotiation tactics to use. ... Ask for a Protected Conversation with your Employer. ... Don't ask for too much. ... Don't ask for too little. ... Find out how the settlement payments will be taxed.
Best Practices for Contract Amendments Make sure the parties involved sign and date the amendment, or it won't be legally enforceable. Attach any amendment to the original version of the contract. Be sure to reference the amendment's title, date, parties, and signature date.
Settlement. n. the resolution of a lawsuit (or of a legal dispute prior to filing a complaint or petition) without going forward to a final court judgment.
A Settlement Agreement (formerly known as a Compromise Agreement) is a legally binding agreement between you and your employer. This usually provides for a severance payment by the employer in return for your agreement not to pursue any claims in a Tribunal or a Court.