Release And Waiver Of Claims Template for Singapore

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Key Requirements PROMPT example:

Release And Waiver Of Claims

"I need a Release and Waiver of Claims to settle an employment dispute with a former employee who left our Singapore-based tech company in January 2025, including confidentiality provisions and a settlement payment of SGD 50,000."

What is a Release And Waiver Of Claims?

A Release and Waiver of Claims is commonly used in Singapore to formally settle disputes or potential claims between parties. This document is particularly relevant when parties wish to achieve finality in their legal relationship and prevent future litigation. It must be drafted in compliance with Singapore law, including the Civil Law Act and Unfair Contract Terms Act, and typically includes detailed provisions about the claims being released, consideration provided, and any conditions or limitations. The document is especially useful in employment terminations, insurance settlements, and commercial dispute resolutions.

What sections should be included in a Release And Waiver Of Claims?

1. Parties: Identifies the releasing and released parties with full legal names and details

2. Background: Describes the context and circumstances leading to the release

3. Definitions: Defines key terms used in the document

4. Release Provisions: Details the specific claims being released and waived

5. Consideration: States the consideration given for the release

6. Execution: Signature blocks and execution requirements

What sections are optional to include in a Release And Waiver Of Claims?

1. Non-Admission of Liability: Optional clause stating that the release does not constitute admission of liability by any party - typically used when settling disputed claims

2. Confidentiality: Optional provisions regarding confidentiality of the release terms and settlement details - used when parties wish to keep terms confidential

3. Future Claims: Optional provisions regarding unknown future claims - used when parties want to ensure comprehensive release including potential future claims

4. Indemnification: Optional provisions for indemnifying released parties against future claims - used when additional protection is needed for released parties

What schedules should be included in a Release And Waiver Of Claims?

1. Schedule 1 - Description of Released Claims: Detailed list and description of specific claims being released

2. Schedule 2 - Related Parties: Comprehensive list of additional parties covered by the release (e.g., affiliates, officers, directors)

3. Schedule 3 - Payment Schedule: Details of payment terms and schedule if consideration involves monetary compensation

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok��˰� | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

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Human Resources Director
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Claims Manager
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Let's create your Release And Waiver Of Claims

What is a Release And Waiver Of Claims?

What sections should be included in a Release And Waiver Of Claims?

What sections are optional to include in a Release And Waiver Of Claims?

What schedules should be included in a Release And Waiver Of Claims?

Authors

Alex Denne

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