¶¶Òõ¶ÌÊÓƵ

All Countries
Contract Dissolution Agreement

Contract Dissolution Agreement Template for Singapore

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Contract Dissolution Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Contract Dissolution Agreement

"Need a Contract Dissolution Agreement to terminate a software development agreement with our Singapore-based vendor, including terms for the handover of source code and settlement of outstanding milestone payments by March 2025."

Celebrated by
Collaborations with
Investors
Document background
The Contract Dissolution Agreement is a crucial legal instrument used when parties wish to formally terminate their contractual obligations under Singapore law. It is particularly relevant when parties need to end their relationship amicably and with legal certainty. This document addresses key aspects such as outstanding payments, asset distribution, confidentiality obligations, and mutual releases. It ensures compliance with Singapore's Contract Act and related legislation while providing a clear framework for contract termination. The agreement is essential for risk management and dispute prevention, offering protection to all parties involved in the dissolution process.
Suggested Sections

1. Parties: Identification and details of all contracting parties

2. Background: Context of original contract and reasons for dissolution

3. Definitions: Key terms used in the agreement

4. Dissolution Terms: Core terms of contract termination

5. Mutual Release: Release of obligations and liabilities

6. Settlement of Accounts: Financial settlements and outstanding payments

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

Optional Sections

1. Confidentiality: Required when sensitive information needs protection post-dissolution

2. Intellectual Property Rights: Needed when IP rights are involved in original contract

3. Employee Matters: Required when dissolution affects employment relationships

4. Asset Distribution: Needed when joint assets need to be distributed

5. Non-Compete Provisions: Optional restrictions on future business activities

Suggested Schedules

1. Original Contract: Copy of the contract being dissolved

2. Settlement Statement: Detailed breakdown of financial settlements

3. Asset Inventory: List of assets to be distributed or transferred

4. Outstanding Obligations: List of remaining obligations and their resolution

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 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


















Industries

Contract Act 1872: Primary legislation governing contract law in Singapore, including principles of contract formation, termination and discharge

Civil Law Act (Cap. 43): Foundational legislation governing civil law matters including contractual remedies in Singapore

Limitation Act (Cap. 163): Sets out time limits for bringing claims related to contract dissolution and other civil matters

Companies Act (Cap. 50): Governs corporate entities' requirements for contract dissolution, including necessary authorizations

Specific Relief Act (Cap. 321): Provides framework for enforcement of contracts and available remedies in Singapore

Mediation Act 2017: Governs mediation proceedings as a dispute resolution mechanism in Singapore

Arbitration Act (Cap. 10): Regulates domestic arbitration proceedings for dispute resolution

International Arbitration Act (Cap. 143A): Governs international arbitration proceedings and enforcement of foreign arbitral awards

Income Tax Act: Relevant for tax implications arising from contract dissolution

Goods and Services Tax Act: Governs GST implications that may arise from contract dissolution

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

Find the exact document you need

Business Dissolution Agreement

find out more

Joint Venture Dissolution Agreement

find out more

Contract Dissolution Agreement

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.