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Release And Hold Harmless Agreement Template for Singapore

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Key Requirements PROMPT example:

Release And Hold Harmless Agreement

"I need a Release and Hold Harmless Agreement for my rock climbing facility in Singapore, which will be used to protect my business from liability claims related to customer injuries during climbing activities starting from January 2025."

Document background
Release And Hold Harmless Agreements are commonly used in Singapore when parties wish to prevent future disputes or resolve existing ones. These agreements serve dual purposes: releasing one party from liability for past events and protecting them against future claims. Under Singapore law, these agreements must be carefully drafted to ensure enforceability, particularly regarding exclusion clauses and liability limitations. The agreement typically specifies the scope of release, consideration (if any), and indemnification provisions. It's essential to comply with Singapore's Contract Law and Unfair Contract Terms Act requirements.
Suggested Sections

1. Parties: Identifies and defines the parties entering into the agreement

2. Background: Explains the context and purpose of the release agreement

3. Definitions: Defines key terms used throughout the agreement

4. Release Provisions: Core terms specifying what claims are being released

5. Hold Harmless Provisions: Indemnification terms protecting against future claims

6. Governing Law: Specifies Singapore law as governing law

7. Execution: Signature blocks and execution requirements

Optional Sections

1. Consideration: Details any payment or other consideration for the release - used when there is monetary or other consideration for the release

2. Confidentiality: Provisions regarding confidentiality of the agreement and its terms - used when parties wish to keep the agreement private

3. Insurance: Insurance requirements and provisions - used when specific insurance coverage is relevant to the release

4. Severability: Provisions for maintaining validity if parts are found unenforceable - used when agreement covers multiple independent matters

Suggested Schedules

1. Description of Released Claims: Detailed list of specific claims being released

2. Related Parties: List of additional parties covered by the release

3. Specific Incidents: Details of incidents or circumstances covered by the release

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

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Industries

Civil Law Act (Cap. 43): Primary legislation governing contract law in Singapore, providing fundamental rules for contract formation, enforcement, and remedies

Unfair Contract Terms Act (Cap. 396): Regulates unfair terms in contracts, particularly relevant for exclusion clauses and liability limitations in release agreements

Contracts (Rights of Third Parties) Act: Governs how third parties may enforce terms of a contract, important for release agreements that might affect rights of parties not directly involved in the agreement

Limitation Act: Sets time limits for bringing legal claims, affecting the duration and enforcement of release agreements

Consumer Protection (Fair Trading) Act: Protects consumer interests and regulates unfair practices, may apply if the release agreement involves consumer transactions

Age of Majority Act: Determines legal capacity to enter into contracts, crucial for ensuring validity of release agreements with individuals

Mental Capacity Act: Governs capacity to enter into legal agreements for persons with mental disabilities or impairments

Common Law Principles: Fundamental principles from case law regarding contract formation, consideration, and enforcement, including rules on negligence and liability

Industry-Specific Regulations: Sector-specific rules and requirements that may affect the validity and scope of release agreements in particular industries

Public Policy Restrictions: Limitations on what can be excluded in release agreements, particularly regarding death, personal injury, fraud, or intentional harm

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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