¶¶Òõ¶ÌÊÓÆµ

Settlement Agreement Between Employee And Employer Template for Singapore

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Settlement Agreement Between Employee And Employer

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Settlement Agreement Between Employee And Employer

"I need a Settlement Agreement Between Employee And Employer for a senior software engineer leaving our Singapore-based tech company, including a 12-month non-compete clause and structured settlement payments over 6 months starting March 2025."

Document background
A Settlement Agreement Between Employee And Employer is a crucial document used when employment relationships are terminated by mutual agreement in Singapore. It provides a comprehensive framework for resolving all outstanding matters between the parties, including financial settlements, confidentiality obligations, and release of claims. The agreement must comply with Singapore's Employment Act and related legislation, offering protection to both parties while ensuring all statutory obligations are met. This document is particularly important in situations involving senior executives, sensitive departures, or where there are potential disputes to be resolved.
Suggested Sections

1. Parties: Identification and details of the employer and employee

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

3. Definitions: Key terms used throughout the agreement

4. Settlement Terms: Details of settlement amount and payment terms

5. Release of Claims: Mutual release of all claims between parties

6. Confidentiality: Obligations regarding confidentiality of settlement terms

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

8. Execution: Signature blocks and execution provisions

Optional Sections

1. Non-Compete Provisions: Restrictions on future employment activities, typically used for senior employees or those with access to sensitive information

2. Reference Provision: Terms regarding future employment references, included when agreed as part of settlement package

3. Benefits Continuation: Details of any continuing benefits post-termination, included when settlement includes extended benefits

4. Return of Property: Provisions for return of company property, included when employee has company assets in possession

5. Non-Disparagement: Mutual obligations not to make negative statements, typically included in sensitive terminations or senior level departures

Suggested Schedules

1. Schedule 1: Settlement Payment Details: Breakdown of settlement amount and payment schedule

2. Schedule 2: Company Property List: Itemized list of company property to be returned

3. Appendix A: Form of Release: Detailed release of claims document

4. Appendix B: Reference Letter Template: Agreed format and content of reference letter if applicable

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

Relevant legal definitions





























Clauses






























Industries

Employment Act (Chapter 91): Primary legislation covering basic terms and conditions of employment. Applies to all employees except domestic workers and seafarers. Contains key provisions regarding salary, termination, and notice periods.

Employment Claims Act 2016: Establishes the Employment Claims Tribunals and governs dispute resolution mechanisms. Provides jurisdiction over statutory and contractual employment claims.

Industrial Relations Act (Chapter 136): Governs collective bargaining and industrial relations. Particularly relevant if the employee is a union member.

Retirement and Re-employment Act: Contains provisions regarding minimum retirement age and re-employment obligations. Relevant when settlement involves older employees.

Personal Data Protection Act 2012: Regulates the handling of employee's personal information and influences confidentiality clauses in settlement agreements.

Income Tax Act: Governs tax implications of settlement payments and their classification (e.g., ex-gratia payments, compensation).

Central Provident Fund Act: Addresses CPF contributions considerations and treatment of settlement sums in relation to CPF obligations.

Workplace Safety and Health Act: Relevant when settlement involves workplace injury claims or safety-related disputes.

Competition Act: Applicable to non-compete clauses and determines reasonableness of post-employment restrictions.

Contract Law (Common Law principles): Encompasses general principles of contract formation, consideration requirements, and overall validity and enforceability of the settlement agreement.

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

Find the exact document you need

Seafarer Employment Agreement

find out more

Restrictive Covenant Agreement

find out more

Renewable Contract Of Employment

find out more

Re Employment Contract

find out more

Project Based Employment Contract

find out more

Physician Employment Agreement

find out more

Physician Contract

find out more

One Year Contract Employment Letter

find out more

Loan To Employee Agreement

find out more

Nail Salon Employee Contract

find out more

Non Fixed Term Employment Contract

find out more

Labour Hire Contract

find out more

Labour Hire Agreement

find out more

Indefinite Term Labor Contract

find out more

Full Time Job Contract

find out more

Employee Intellectual Property Agreement

find out more

Contract Of Employment And Contract For Employment

find out more

Contract Hire Agreement

find out more

Continuous Employment New Contract

find out more

Confidentiality Agreement For Employees

find out more

CEO Employment Contract

find out more

Casual Worker Contract

find out more

Barista Employment Contract

find out more

Bank Staff Contract Of Employment

find out more

Ad Hoc Contract Of Employment

find out more

Provisional Contract Of Employment

find out more

Employee Outsourcing Agreement

find out more

Standard Employment Contract Between Foreign Domestic Worker And Employer

find out more

Regular Contract Of Employment

find out more

Settlement Agreement Between Employee And Employer

find out more

Yearly Contract Employment

find out more

Employee Non Solicitation Agreement

find out more

Continuous Contract Of Employment

find out more

Business Employment Contract

find out more

2 Year Employment Contract

find out more

Term Contract Employment

find out more

Part Time Fixed Term Contract

find out more

Limited Term Employment Contract

find out more

Car Lease Agreement Between Employer And Employee

find out more

3 Year Employment Contract

find out more

Joint Employment Contract

find out more

Full Time Contract

find out more

Employment Contract For Sales Representative

find out more

Salon Employee Contract

find out more

Independent Contractor Letter Of Employment

find out more

Security Guard Contract Of Employment

find out more

Non Fixed Term Contract

find out more

Employment Release Agreement

find out more

5 Year Employment Contract

find out more

Written Contract Of Employment

find out more

Works Contract

find out more

Short Term Employment Contract

find out more

Caretaker Contract Of Employment

find out more

Subcontractor Employment Contract

find out more

Permanent Contract

find out more

Overseas Employment Contract

find out more

International Employment Contract

find out more

Employee Housing Agreement

find out more

Dual Employment Contract

find out more

Pre Employment Agreement

find out more

Electrical Work Contract

find out more

Farm Workers Contract Of Employment

find out more

Construction Employment Contract

find out more

Commission Based Employment Contract

find out more

6 Month Employment Contract

find out more

Seasonal Employment Contract

find out more

Employee Shareholder Agreement

find out more

Indefinite Contract

find out more

Online Employment Contract

find out more

Restaurant Employee Contract

find out more

Consultant Employment Contract

find out more

Employment Separation Agreement

find out more

Education Agreement With Employer

find out more

Driver Employment Contract

find out more

Contractor Employment Contract

find out more

Probation Employment Contract

find out more

Employment Letter

find out more

Collective Employment Agreement

find out more

Employee Severance Agreement

find out more

Work Order Agreement

find out more

Director Employment Contract

find out more

Individual Employment Agreement

find out more

Employment Settlement Agreement

find out more

Casual Employment Contract

find out more

Non Disclosure Agreement For Employees

find out more

Job Contract Letter

find out more

Employee Non Compete Agreement

find out more

Employee Leasing Agreement

find out more

Employment Agency Contract

find out more

Work For Hire Agreement

find out more

Work Contract Agreement

find out more

Simple Employment Contract

find out more

Part Time Employment Contract

find out more

Job Agreement

find out more

Hire Agreement

find out more

Employment Contract

find out more

Executive Employment Agreement

find out more

Full Time Employment Contract

find out more

1 Year Employment Contract

find out more

Employee Arbitration Agreement

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.