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Agreement And General Release for Singapore

Agreement And General Release Template for Singapore

This document is a legally binding agreement under Singapore law that provides for the settlement of claims and disputes between parties, including a comprehensive release of specified legal rights and obligations. It incorporates Singapore's specific legal requirements for releases and waivers, ensuring compliance with local contract law and civil law provisions. The agreement typically includes detailed terms of the release, consideration provided, and any continuing obligations between the parties.

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Agreement And General Release

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What is a Agreement And General Release?

An Agreement And General Release is commonly used in Singapore when parties wish to resolve disputes or potential claims and create a clean break in their legal relationship. This document is particularly relevant in situations involving employment terminations, commercial dispute settlements, or the conclusion of business relationships. Under Singapore law, this agreement must clearly specify the scope of the release, the consideration provided, and any preserved rights or obligations. The document helps parties avoid future litigation while providing legal certainty under Singapore's robust legal framework.

What sections should be included in a Agreement And General Release?

1. Parties: Identification and details of all parties to the agreement

2. Background: Context and circumstances leading to the agreement

3. Definitions: Key terms used throughout the agreement

4. Release Provisions: Specific terms of the release including scope and effect

5. Consideration: Details of consideration given for the release

6. Governing Law: Specification of Singapore law as governing law

7. Execution: Signing provisions and execution formalities

What sections are optional to include in a Agreement And General Release?

1. Confidentiality: Terms regarding confidentiality of the agreement and any sensitive information exchanged between parties

2. Non-Disparagement: Provisions preventing parties from making negative statements about each other

3. Future Cooperation: Terms regarding ongoing obligations and future cooperation between parties

4. Return of Property: Provisions for returning physical or intellectual property or documents

What schedules should be included in a Agreement And General Release?

1. Schedule of Released Claims: Detailed list of specific claims being released under the agreement

2. Schedule of Excluded Claims: List of claims specifically excluded from the scope of the release

3. Payment Schedule: Details of any payments or consideration structure involved in the release

4. Property Schedule: List of property to be returned or transferred between parties

Authors

Alex Denne

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

Jurisdiction

Singapore

Publisher

Ƶ

Document Type

Release Agreement

Cost

Free to use
Relevant legal definitions






























Clauses






























Industries

Singapore Contract Law (Chapter 53): Primary legislation governing contract formation, execution and enforcement, including common law principles regarding consideration, capacity, and intention to create legal relations

Civil Law Act (Chapter 43): Fundamental legislation covering contractual formalities and basic civil law principles in Singapore, including provisions for contract enforcement

Civil Law (Third Party Rights) Act: Legislation governing rights of third parties in contractual relationships and their implications for release agreements

Unfair Contract Terms Act (UCTA): Controls the use of unfair terms in contracts and determines which exclusion or limitation clauses are enforceable

Limitation Act: Sets time limits for bringing legal claims and affects the scope and effectiveness of release provisions

Employment Act: Key legislation for employment-related releases, covering mandatory provisions and employee rights that cannot be contracted out of

Work Injury Compensation Act: Specific provisions regarding releases and settlements related to workplace injuries and compensation

Industrial Relations Act: Governs industrial relations and may affect releases in employment contexts, particularly for unionized workers

Personal Data Protection Act 2012 (PDPA): Regulates the collection, use, and disclosure of personal data, which must be considered if the release involves personal information

Consumer Protection (Fair Trading) Act: Protects consumer interests and may affect releases in consumer transactions or business-to-consumer relationships

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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