The Termination Of Engagement Letter is a crucial document used when parties wish to formally end their professional relationship in Singapore. It provides a clear record of the termination terms, protecting both parties' interests and ensuring compliance with Singapore's legal framework. The document typically includes reference to the original engagement, specifies the termination date, outlines any remaining obligations, addresses confidentiality requirements, and details final payment arrangements. It's particularly important in professional services contexts where clear documentation of the service conclusion is necessary for regulatory compliance and risk management.
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1. Date and Address Block: Current date and full address details of both parties
2. Reference to Original Engagement: Clear identification of the engagement being terminated, including date and nature
3. Termination Statement: Clear statement of termination and effective date
4. Notice Period Reference: Confirmation of notice period and how it's being handled
5. Final Payments: Details of any outstanding payments or final settlements
6. Signature Block: Space for signatures and dates from both parties
1. Transition Arrangements: Details of handover process, to be included when service continuity is critical
2. Confidentiality Reminder: Restatement of ongoing confidentiality obligations, to be included when sensitive information was shared during engagement
3. Return of Property: Instructions for returning company property, to be included when physical or digital assets need to be returned
1. Final Invoice: Detailed breakdown of final payments or settlements
2. Property Checklist: List of items to be returned, if applicable
3. Original Engagement Letter: Copy of the original engagement letter being terminated
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