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Termination Agreement Form Template for Singapore

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Key Requirements PROMPT example:

Termination Agreement Form

"I need a Termination Agreement Form for a senior software engineer in Singapore who is leaving voluntarily with a three-month notice period starting March 1, 2025, including provisions for handover of ongoing projects and protection of proprietary code."

Document background
The Termination Agreement Form is essential when ending employment relationships in Singapore, whether through mutual agreement, resignation, or dismissal. This document ensures compliance with Singapore's employment laws while protecting both parties' interests. It covers crucial elements such as final compensation, notice periods, confidentiality obligations, and post-employment restrictions. The agreement helps prevent future disputes by clearly documenting all termination terms and obtaining mutual releases from both parties.
Suggested Sections

1. Parties: Identification of employer and employee with full legal names and addresses

2. Background: Brief overview of employment relationship and reason for termination

3. Definitions: Key terms used throughout the agreement

4. Effective Date of Termination: Specific date when employment relationship ends

5. Final Payment Terms: Details of salary, benefits, and other payments due

6. Release and Waiver: Mutual release from claims and obligations

Optional Sections

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

2. Post-Termination Assistance: Requirements for transition support - use for key positions requiring handover

3. References: Agreement on employment references - use when parties agree on specific reference terms

4. Surviving Obligations: Obligations that continue after termination - use when confidentiality or other ongoing obligations exist

Suggested Schedules

1. Schedule 1: Final Payment Calculation: Detailed breakdown of all final payments including salary, leave, bonuses

2. Schedule 2: Company Property List: Inventory of items to be returned to employer

3. Schedule 3: Confidential Information: List of specific confidential information covered by ongoing obligations

4. Appendix A: Employee Benefits Summary: Summary of benefit termination dates and conversion options

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 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 governing employment relationships in Singapore, covering termination notice periods, salary and benefit payments, leave encashment requirements, and final settlement procedures

Employment Claims Act 2016: Legislation governing employment disputes, including dispute resolution procedures, statutory limits for claims, and mediation requirements for employment-related conflicts

Central Provident Fund Act (Chapter 36): Regulations regarding mandatory social security savings, covering CPF contribution settlements and requirements for final CPF payments upon termination

Personal Data Protection Act 2012: Law governing the handling of personal data, including requirements for data retention, handling, and disposal obligations post-employment

Industrial Relations Act (Chapter 136): Legislation governing labor-management relations, including union-related considerations and collective agreement requirements if applicable

Contract Law (Common Law): Common law principles governing contracts, including mutual agreement principles, consideration requirements, and terms of release and waiver

Workplace Safety and Health Act: Legislation covering workplace safety obligations, including ongoing safety-related obligations and incident reporting requirements

Income Tax Act: Tax legislation relevant to employment termination, including tax clearance requirements and treatment of termination payments

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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