Settlement Agreement and Release of Claims for Single-Plaintiff Employment Dispute
(KY)
Summary
This settlement agreement and release of claims template is a Kentucky compliant template for employers to use in resolving single-plaintiff employment disputes. This template includes practical guidance, drafting notes, and alternate and optional clauses. This template is intended for private employers. Settling a case can avoid the uncertainty of trial or a court ruling on a dispositive motion. On top of that, settling a case may also avoid any harm that could come to the reputation of your company as well. Once you reach a settlement, the parties will need to prepare a settlement agreement memorializing the agreement's terms. Ensure that the settlement agreement sets forth the essential agreement between the parties, including the amount, timing, and form of payment, and the nature of any equitable relief to which the parties have agreed. In addition to these items, you should also carefully consider whether to include other common provisions, including release clauses, confidentiality provisions, non-disparagement clauses, and liquidated damages provisions. In all instances, you should explain the settlement terms to your client and ensure that they understand their obligations under the settlement agreement and the potential consequences if they breach the agreement. For resources on employment litigation, see Employment Litigation Resource Kit. For practice notes on drafting and negotiating settlement agreements, see Settlement Agreements: Initial Assessment, Drafting, and Negotiating Techniques (Pro-Employer), Social Media and Settlement and Separation Agreements: Reining in the Impulse to "Share", Taxation and Reporting of Settlement Payments in Employment-Related Lawsuits, and Settlement and Separation Agreement Checklist (Pro-Employer). For a full listing of key content covering EEOC and state administrative charges of employment discrimination, see Employment Discrimination Charge Resource Kit.