Termination Full And Final Release

Termination Full And Final Release Template for Singapore

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Key Requirements PROMPT example:

"I need a Termination Full and Final Release agreement for a senior software engineer leaving our Singapore tech company on March 15, 2025, with stock options and ongoing IP obligations that need to be addressed."

Document background

The Termination Full and Final Release is essential in Singapore employment relationships where parties wish to achieve a clean break and prevent future disputes. It is typically used in both voluntary resignations and involuntary terminations where parties agree to settle all matters conclusively. The document must comply with Singapore's Employment Act, Central Provident Fund Act, and other relevant legislation. It should detail all final payments, address ongoing obligations, and include comprehensive releases of claims. This agreement is particularly important in Singapore's business environment where employment relationships are heavily regulated and documentation requirements are strict.

Suggested Sections

1. Parties: Identification of employer and employee

2. Background: Employment history and context for termination

3. Definitions: Key terms used in the agreement

4. Termination Date: Specific date employment relationship ends

5. Final Payments: Details of all final payments including salary, benefits, and other entitlements

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

7. Confidentiality: Ongoing obligations regarding confidential information

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

Optional Sections

1. Post-Employment Restrictions: Non-compete and non-solicitation provisions - use when existing employment contract contains such restrictions

2. Reference: Terms of employment references - use when parties agree on specific reference terms

3. Company Property: Return of company assets and property - use when employee has company property to return

4. Stock Options/Share Awards: Treatment of outstanding equity compensation - use when employee has outstanding equity awards

Suggested Schedules

1. Schedule of Payments: Detailed breakdown of all termination payments

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

3. Outstanding Claims Schedule: List of any pending expense claims or reimbursements

4. Benefits Summary: Summary of benefit termination dates and conversion rights

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

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Authors

Alex Denne

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