Employee Waiver And Release Form

Employee Waiver And Release Form Template for Singapore

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Key Requirements PROMPT example:

"I need an Employee Waiver And Release Form for a senior software engineer who is voluntarily leaving our Singapore-based tech company in March 2025, including specific provisions for protecting our intellectual property and maintaining confidentiality of ongoing projects."

Document background

The Employee Waiver And Release Form is a critical document used in Singapore employment situations, typically during employment termination or settlement of disputes. It provides legal protection for employers while ensuring fair compensation for employees who agree to waive certain rights or claims. The document must carefully balance the requirements of Singapore's employment legislation, including the Employment Act and Work Injury Compensation Act, while providing clear terms of release and adequate consideration. This form is particularly important in scenarios involving redundancy, voluntary separation, or dispute resolution.

Suggested Sections

1. Parties: Identifies the employer and employee, including full legal names and addresses

2. Background: Context of employment relationship and circumstances leading to the waiver

3. Definitions: Key terms used throughout the document including 'Claims', 'Effective Date', and 'Released Parties'

4. Consideration Statement: Details of compensation or benefits provided in exchange for the waiver

5. Scope of Release: Comprehensive description of claims being waived and released

6. Acknowledgments: Employee's confirmation of understanding, voluntary execution, and right to seek legal counsel

7. Governing Law: Specification that Singapore law governs the agreement

8. Execution: Signature blocks, witnessing requirements, and dating provisions

Optional Sections

1. Non-Disparagement: Optional clause preventing parties from making negative statements about each other

2. Confidentiality: Provisions regarding confidentiality of the waiver terms and settlement amount

3. Return of Property: Clause confirming return of company property and confidential information

4. Cooling-off Period: Period during which employee can revoke acceptance of the waiver

5. Future Cooperation: Provisions regarding employee's assistance in future matters if needed

Suggested Schedules

1. Schedule 1 - Claims Being Released: Detailed list of specific claims covered by the waiver

2. Schedule 2 - Settlement Benefits: Itemized list of compensation and benefits being provided

3. Schedule 3 - Company Property: Inventory of company property to be returned

4. Appendix A - Acknowledgment Form: Separate form for employee to acknowledge understanding of waiver terms

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
Department Manager
Chief Executive Officer
Compliance Officer

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Let's create your Employee Waiver And Release Form

Authors

Alex Denne

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