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Employee Termination Confidentiality Agreement Template for Singapore

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Key Requirements PROMPT example:

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."

Document background
The Employee Termination Confidentiality Agreement is essential when ending employment relationships in Singapore, particularly where employees have had access to sensitive information. This document ensures continued protection of trade secrets, proprietary information, and business-critical data after employment ends. It should be used alongside standard termination documentation and must comply with Singapore's employment laws, including the Employment Act and PDPA. The agreement typically includes detailed definitions of confidential information, specific obligations, and duration of confidentiality requirements.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

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

Relevant legal definitions



























Clauses

























Industries

Employment Act (Chapter 91): Primary legislation governing employment relationships in Singapore, covering termination procedures, notice period requirements, and final payment settlements

Personal Data Protection Act 2012 (PDPA): Legislation governing the collection, use, disclosure and care of personal data, including requirements for data handling, protection obligations, and transfer/storage of personal information

Employment of Foreign Manpower Act: Regulations specific to foreign workers, including work pass cancellation requirements and additional obligations for foreign employee termination

Trade Secrets Act 2018: Legislation protecting confidential information and trade secrets, defining their scope and providing framework for their protection

Contracts Act (Chapter 53): General contract law principles including reasonableness of restrictions and consideration requirements for valid contracts

Competition Act (Chapter 50B): Legislation governing anti-competitive practices, relevant to non-compete clauses and market competition restrictions

Confidentiality Agreement Key Components: Essential elements including reasonable scope of confidential information, duration of obligations, return of company property, enforceability terms, clear definitions, survival clauses, and remedies for breach

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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