An exit agreement (or "separation agreement") is often used when an employee leaves under agreed terms. Unlike a settlement agreement (which requires a solicitor's certificate), an exit agreement does not waive employment tribunal claims. It covers practical exit terms.

• Does NOT waive tribunal claims — use a Settlement Agreement for that
• Restrictive covenants must be reasonable in scope and duration to be enforceable
• Garden leave can be included — employee stays on payroll but doesn't work
• References: agree exact wording to avoid defamation risk
• Confidentiality clauses are enforceable but cannot prevent whistleblowing

Legal reference: Employment Rights Act 1996; common law; Contracts of Employment