Director Termination and Severance

Experts in Director Termination and Severance

Employers often find it difficult when it comes to the removal of a Director as they may also be a shareholder in the company and if the whole process is not handled properly it can damage a business significantly.

It may be necessary to discuss a severance package and if this is agreed upon the employment team at Rix & Kay can assist employers in preparing settlement (formerly known as compromise) agreements. When a senior employee leaves a business the employer will need to do everything that they can to protect the business from the departing employee and this may require a severance package to ensure that the business is protected if the existing Director’s Service Contract does not provide adequate protection.

“Rix & Kay provides a very personalised and bespoke service in employment law to corporates and SMEs, and clients also benefit from the responsive and easy to use GatekeeperHR service.”.

“The firm offers a very personalised and bespoke service. As a growing SME we can utilise many of the services offered by Rix & Kay. Not only are they quick to respond and proactive, they also keep us regularly informed of up and coming legislation and best practice. Elaine Abbs has been particularly helpful with some complicated cases”.

“A very approachable, friendly and professional team that is supportive. A good mix of disciplines which means that our business needs can all be met by the broader team”.

“Rix & Kay have been able to provide a very professional and effective service in a very complex and emotive area of the law”.

Legal 500 results praise Rix & Kay