The Basic Separation Agreement is used when an employer and employee in Singapore mutually agree to end their employment relationship. This document is essential for documenting the terms of separation, including final payments, continuing obligations, and release of claims. It ensures compliance with Singapore employment law while protecting both parties' interests. The agreement typically includes provisions for final salary, unused leave, return of company property, and ongoing confidentiality obligations. It's particularly important in situations where a clean break is desired and both parties want to avoid future disputes.
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Key Requirements PROMPT example:
Basic Separation Agreement
"I need a Basic Separation Agreement for a senior software engineer leaving our Singapore tech company on March 15, 2025, including non-compete provisions and extended health benefits for 3 months after departure."
1. Parties: Identification of employer and employee with full legal names and addresses
2. Background: Brief context of employment relationship and reason for separation
3. Definitions: Key terms used throughout the agreement
4. Separation Date: Clear statement of last day of employment
5. Final Payment Terms: Details of final salary, unused leave, and other payments
6. Company Property: Requirements for return of company assets
7. Confidentiality: Ongoing obligations regarding confidential information
1. Non-Compete Clause: Restrictions on future employment - use for senior employees or those with access to sensitive information
2. Reference Provision: Terms regarding future employment references - include when agreed as part of separation terms
3. Benefits Continuation: Extension of certain employment benefits - include when offering extended benefits as part of package
4. Release of Claims: Mutual release of legal claims - include in cases of potential disputes or as standard practice
1. Schedule 1: Final Payment Calculation: Detailed breakdown of all final payments including salary, leave, and other entitlements
2. Schedule 2: Company Property List: Inventory of company assets and items to be returned by the employee
3. Schedule 3: Benefits Summary: Details of any continuing benefits and their duration post-separation
4. Appendix A: Confidential Information Definition: Detailed description of what constitutes confidential information under the agreement
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