The General Release For Employment Termination is a crucial document used in Singapore when concluding an employment relationship. It serves as a comprehensive agreement that protects both employer and employee interests by clearly documenting the terms of separation, including final payments, benefits, and mutual releases from future claims. This document must comply with Singapore's Employment Act, CPF regulations, and other relevant legislation. It's particularly important in situations involving voluntary resignation, mutual separation, or restructuring, where both parties seek a clean break and legal certainty. The document typically includes provisions for confidentiality, final settlements, and ongoing obligations post-employment.
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1. Parties: Identification of employer and employee with full legal names and addresses
2. Background: Brief employment history, context for termination, and reference to employment agreement
3. Definitions: Key terms used in the release including 'Claims', 'Confidential Information', and 'Effective Date'
4. Termination Date: Clear statement of employment end date and final working day
5. Final Payment Terms: Details of final salary, benefits, CPF contributions, and other payments
6. Release Provisions: Mutual release of claims and obligations, subject to Singapore law
7. Confidentiality Obligations: Ongoing confidentiality requirements and handling of company information
1. Non-Compete Provisions: Restrictions on future employment and business activities for a specified period
2. Reference Provision: Terms for providing employment references and agreed communication regarding departure
3. Return of Property: Process and timeline for returning company property and confirmation of compliance
4. Outplacement Support: Details of career transition assistance and support services offered
1. Schedule A - Final Payment Calculation: Detailed breakdown of all final payments including salary, leave, bonuses, and statutory benefits
2. Schedule B - Company Property Register: Comprehensive list of company property to be returned including IT equipment and documents
3. Schedule C - Benefits Continuation: Details of any benefits extending beyond termination date and their duration
4. Schedule D - Outstanding Obligations: List of any remaining obligations on either party and timeline for completion
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