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Release From Employment Contract Template for Singapore

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Key Requirements PROMPT example:

Release From Employment Contract

"I need a Release From Employment Contract for a senior software engineer leaving our Singapore tech company, including non-compete provisions and protection of intellectual property rights, with the separation date set for March 15, 2025."

Document background
The Release From Employment Contract is a crucial document used in Singapore when formally ending an employment relationship. This document is typically used when both parties agree to terminate employment and wish to document the terms of separation clearly. It addresses key aspects such as final settlements, continuing obligations, and mutual releases while ensuring compliance with Singapore's employment laws. The document should be drafted carefully to include all necessary elements required under Singapore law, including notice periods, CPF contributions, and any applicable MOM guidelines. This release agreement provides legal certainty and protection for both employer and employee by clearly documenting their agreement and preventing future disputes.
Suggested Sections

1. Employee and Employer Details: Full names, addresses, and relevant identification details of both parties

2. Termination Date: Clear statement of the effective date of employment termination

3. Final Settlement Terms: Comprehensive details of final payment including salary, bonuses, pro-rated annual leave, and other entitlements

4. Release of Claims: Mutual release of all claims, demands, and causes of action between employer and employee

5. Return of Company Property: Requirements and timeline for returning all company assets, documents, and property

6. Confidentiality Obligations: Ongoing obligations regarding confidential information and trade secrets

7. CPF and Benefits Settlement: Details of final CPF contributions and settlement of employment benefits

Optional Sections

1. Non-Compete Clause: Restrictions on future employment with competitors for a specified period and geographic area

2. Non-Solicitation Clause: Restrictions on approaching company clients or employees for a specified period

3. Garden Leave: Terms and conditions of paid leave during notice period with restricted duties

4. Reference Provision: Terms regarding the provision of employment references and their format

5. Outplacement Services: Details of any career transition support services provided by the employer

Suggested Schedules

1. Schedule A - Final Payment Breakdown: Detailed itemization of all final payments including salary, bonuses, and other entitlements

2. Schedule B - Company Property List: Comprehensive list of company property to be returned by the employee

3. Schedule C - Continuing Obligations: List of obligations that survive the termination of employment

4. Schedule D - Settlement Details: Specific terms and timeline of any settlement payments or arrangements

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



























Clauses



























Industries

Employment Act (Chapter 91): Primary legislation covering basic terms and conditions of employment, notice period requirements, salary and leave matters. Recent amendments extend coverage to all employees.

Employment Claims Act 2016: Legislation governing dispute resolution mechanisms and handling of salary-related claims in employment matters.

Personal Data Protection Act 2012 (PDPA): Legislation concerning treatment of employee's personal data and data protection obligations during and after employment.

Retirement and Re-employment Act: Legislation covering retirement age considerations and re-employment obligations for elderly employees.

Central Provident Fund Act: Legislation governing CPF contribution settlements and final payment obligations upon employment termination.

Work Injury Compensation Act: Legislation addressing pending injury claims and insurance matters that need consideration in employment release.

MOM Guidelines: Ministry of Manpower guidelines covering fair employment practices, tripartite guidelines, and retrenchment benefits considerations.

Common Law Contract Principles: Legal principles governing mutual agreement, consideration, release of claims and obligations in contract termination.

Release Document Key Components: Essential elements including termination date, final settlement terms, confidentiality obligations, non-compete/non-solicitation clauses, company property return, release of claims, CPF and benefits settlement, and outstanding leave/salary payments.

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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