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Employee Termination Confidentiality Agreement
"I need an Employee Termination Confidentiality Agreement for a senior software engineer leaving our fintech company in Singapore on March 1, 2025, with specific emphasis on protecting our proprietary trading algorithms and client data."
1. Parties: Identification of the employer and employee
2. Background: Context of employment termination and need for confidentiality agreement
3. Definitions: Key terms including 'Confidential Information', 'Trade Secrets', 'Intellectual Property'
4. Scope of Confidential Information: Detailed description of what constitutes confidential information
5. Confidentiality Obligations: Employee's specific obligations regarding confidential information
6. Return of Company Property: Requirements for returning company documents and materials
7. Duration of Obligations: Time period for which confidentiality obligations remain in force
8. Governing Law: Specification of Singapore law as governing law
1. Non-Competition: Restrictions on competitive activities - recommended for senior employees or those with access to sensitive information
2. Non-Solicitation: Restrictions on soliciting employees or customers - recommended for client-facing roles or management positions
3. Intellectual Property Rights: Specific provisions about IP created during employment - recommended for technical or creative roles
1. Schedule 1: List of Confidential Information: Detailed inventory of specific confidential information covered
2. Schedule 2: Company Property to be Returned: List of physical and digital assets to be returned
3. Appendix A: Acknowledgment Form: Employee's signed acknowledgment of receiving and understanding the agreement
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