By defining clear timelines, responsibilities and roles for each partner, this partnership termination agreement facilitates the termination of a business relationship and the transition to what follows. Other names in this document: termination of partnership, termination of partnership agreement A settlement agreement is a legally binding contract between employers and workers (or former workers) to settle rights and potential rights on agreed terms. We review and negotiate the conditions of exit of the counterparties and advise in case of dispute, split between partners or dissolution. There may be requirements set out in the partnership agreement.. . .