Company Release Form

Company Release Form Template for Singapore

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Key Requirements PROMPT example:

"I need a Company Release Form for a senior software developer leaving our Singapore tech company on March 1, 2025, which must include strong IP protection clauses and cover ongoing maintenance of code repositories they've worked on."

Document background

The Company Release Form is a critical document in Singapore's corporate environment, used when organizations need to formally conclude relationships with individuals while protecting against future claims. This document, governed by Singapore law, typically includes comprehensive release provisions, confidentiality clauses, and specific terms regarding the settlement of existing or potential claims. It's particularly important during employee departures, contractor relationship conclusions, or settlement of disputes, ensuring both parties have clarity on their rights and obligations post-separation.

Suggested Sections

1. Parties: Details of the company and the releasing party, including full legal names and registration details

2. Background: Context of the relationship and reason for release, including employment history if relevant

3. Definitions: Key terms used in the release form, including 'Claims', 'Confidential Information', and 'Effective Date'

4. Release Clause: Core provision releasing all claims and liabilities between the parties

5. Consideration: Statement of consideration provided for the release, including any payment or benefit details

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

Optional Sections

1. Non-Disclosure Provisions: Confidentiality obligations regarding company information and trade secrets

2. Return of Property: Requirements and process for returning company property and assets

3. Non-Disparagement: Mutual agreement not to make negative statements about each other

4. Future Cooperation: Provisions for assistance in future matters such as litigation or investigations

Suggested Schedules

1. Schedule 1 - Claims: Detailed list of specific claims being released

2. Schedule 2 - Company Property: Inventory of items to be returned to the company

3. Schedule 3 - Payment Details: Details of any settlement payments or final compensation

4. Schedule 4 - Exit Documentation: Exit interview form and final employment status documentation

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Technology
Financial Services
Manufacturing
Professional Services
Healthcare

Relevant Teams

Human Resources
Legal
Finance
Compliance
Operations

Relevant Roles

Human Resources Director
Legal Counsel
Chief Financial Officer
Project Manager
Compliance Officer

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Let's create your Company Release Form

Authors

Alex Denne

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