tiktok成人版

Statement Of Agreement for Singapore

Statement Of Agreement Template for Singapore

A Statement of Agreement under Singapore law is a formal document that records a party's acknowledgment or declaration regarding specific facts, terms, or circumstances. It serves as a legally binding document that can be used as evidence of the stated agreement or understanding between parties. The document is governed by Singapore contract law principles and must comply with the requirements of the Singapore Contracts Act 1872.

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Statement Of Agreement

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What is a Statement Of Agreement?

A Statement of Agreement is commonly used in Singapore when parties need to formally document their mutual understanding or agreement on specific matters. This document type is particularly useful for recording straightforward agreements or acknowledgments without the complexity of a full contract. The Statement of Agreement must comply with Singapore law requirements and typically includes details of the parties involved, the specific matters being agreed upon, and any relevant terms or conditions. It serves as a clear record of the parties' intentions and can be used as evidence in legal proceedings if necessary.

What sections should be included in a Statement Of Agreement?

1. Parties: Identifies and defines all parties to the agreement

2. Background: Provides context and purpose of the agreement

3. Definitions: Defines key terms used throughout the agreement

4. Agreement Terms: Core obligations and rights of the parties

5. Duration: Term of the agreement and renewal provisions

6. Governing Law: Specifies Singapore law as governing law

7. Execution: Signature blocks and execution details

What sections are optional to include in a Statement Of Agreement?

1. Confidentiality: Required when sensitive information is shared between parties

2. Intellectual Property: IP rights and ownership provisions when IP is created or transferred

3. Force Majeure: Provisions for unforeseen circumstances, recommended for longer-term agreements

4. Dispute Resolution: Procedures for resolving disputes, recommended for complex or high-value agreements

What schedules should be included in a Statement Of Agreement?

1. Schedule 1 - Definitions: Detailed definitions if too lengthy for main agreement

2. Schedule 2 - Services/Deliverables: Detailed description of services or deliverables

3. Schedule 3 - Fees: Payment terms and fee structures

4. Schedule 4 - Special Conditions: Any special terms or conditions specific to the agreement

Authors

Alex Denne

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

Jurisdiction

Singapore

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions


























Clauses
























Industries

Contracts Act 1872 (Chapter 53): Primary legislation governing contract formation, including requirements for valid contracts, capacity to contract, free consent, consideration, and provisions for void/voidable agreements

Electronic Transactions Act (Chapter 88): Governs electronic transactions and digital signatures, establishing legal framework for electronic contracts and their validity

Stamp Duties Act (Chapter 312): Regulates stamp duty requirements and applicable rates for certain types of agreements in Singapore

Evidence Act (Chapter 97): Sets requirements for documentary evidence and establishes rules for admissibility of electronic records in legal proceedings

Limitation Act (Chapter 163): Establishes time limits for enforcement of contractual rights and legal actions

Unfair Contract Terms Act (Chapter 396): Controls the use of exclusion clauses and establishes reasonableness tests for contract terms

Personal Data Protection Act 2012: Regulates the collection, use, and disclosure of personal data in agreements and business operations

Common Law Principles: Includes doctrine of privity of contract, rules of interpretation, and remedies for breach of contract as established by case law

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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