A settlement agreement is a legally binding document that exists between two parties, such as a worker, and their employer. In this standard comparison agreement, the worker waives his right to assert a financial right against his employer. There are also other types of agreements, namely a debt settlement letter, a draft divorce agreement, a payment transaction agreement and much more, all of which have different transaction agreement formats. The model transaction agreements (also known as compromise agreements) will be made available to you free of charge below. They are all up-to-date and comply with the Equal Opportunities Act and other relevant laws. Remember that every case is different, so every transaction agreement will be different. AMOUNT OF THE STATEMENT. .