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Agreement And Release
"I need an Agreement And Release to settle an employment dispute with a former employee who left our Singapore office in January 2025, including confidentiality provisions and a settlement payment of SGD 50,000."
1. Parties: Identifies and defines the parties to the agreement
2. Background: Sets out the context and circumstances leading to the agreement
3. Definitions: Defines key terms used throughout the agreement
4. Release Provisions: Details the specific claims or rights being released
5. Consideration: Specifies what is being given in exchange for the release
6. Governing Law: Specifies Singapore law as governing law
7. Execution: Signature blocks and execution formalities
1. Confidentiality: Used when parties need to keep the terms of the agreement and release confidential
2. Non-Disparagement: Prevents parties from making negative statements about each other, typically used in employment-related releases
3. Future Cooperation: Sets out obligations for parties to assist in future matters if needed
4. Return of Property: Specifies requirements for returning any physical or intellectual property
1. Schedule of Released Claims: Detailed list of specific claims being released
2. Schedule of Consideration: Details of payment or other consideration being provided
3. Schedule of Returned Items: List of items to be returned between parties, if applicable
4. Form of Announcement: Agreed form of any public statements regarding the agreement
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