Non Compromise Agreement

Non Compromise Agreement Template for Singapore

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Key Requirements PROMPT example:

"I need a Non Compromise Agreement under Singapore law to preserve our company's rights against a supplier regarding quality issues, while we continue negotiations about a new supply agreement starting March 2025."

Document background

The Non-Compromise Agreement serves as a crucial legal instrument in Singapore's business environment where parties need to maintain certain rights while engaging in discussions or partial settlements. This document is particularly valuable when parties wish to resolve some matters while explicitly preserving their position on others. Under Singapore law, this agreement helps prevent any unintended waiver of rights that might otherwise occur tHRough conduct or implied acceptance. The document typically includes detailed provisions about preserved rights, acknowledgments from all parties, and clear statements about non-waiver of specified claims or positions.

Suggested Sections

1. Parties: Identification and details of all parties to the agreement

2. Background: Context and circumstances leading to the agreement

3. Definitions: Key terms used tHRoughout the agreement

4. Non-Compromise Provisions: Core terms stating what matters are not being compromised

5. Rights Reserved: Specification of rights retained by parties

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

7. Execution: Signature blocks and execution provisions

Optional Sections

1. Confidentiality: Terms regarding confidential information - include when sensitive information is involved

2. Dispute Resolution: Procedures for resolving disputes - include when specific dispute resolution mechanisms are desired

3. Notices: How formal notices should be given - include when ongoing communication requirements exist

4. Assignment: Rights to assign the agreement - include when transfer of rights might be relevant

Suggested Schedules

1. Schedule of Reserved Claims: Detailed list of claims being reserved

2. Schedule of Related Parties: List of affiliated entities covered by the agreement

3. Schedule of Relevant Documents: List of documents referenced in or relevant to the agreement

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

Financial Services
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Relevant Teams

Legal
Compliance
Finance
Commercial
Corporate Affairs

Relevant Roles

Chief Executive Officer
General Counsel
Chief Financial Officer
Commercial Director
Risk Manager

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Let's create your Non Compromise Agreement

Authors

Alex Denne

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