Termination Of Employment Contract

Termination Of Employment Contract Template for Singapore

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Key Requirements PROMPT example:

"I need a Termination Of Employment Contract for a senior software engineer in Singapore who is leaving voluntarily, with a 3-month notice period starting from March 1, 2025, including garden leave provisions and standard non-compete clauses for the technology sector."

Document background

The Termination Of Employment Contract is a crucial document used in Singapore when formally ending an employment relationship. It ensures compliance with Singapore's Employment Act, Industrial Relations Act, and other relevant legislation. This document is essential for protecting both employer and employee interests, clearly stating termination terms, final payments, benefits settlements, and ongoing obligations. It's particularly important in Singapore's highly regulated employment environment, where proper documentation of employment termination is required for legal compliance and risk management.

Suggested Sections

1. Parties: Identification of employer and employee including full legal names, registration numbers and addresses

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

3. Definitions: Key terms used in the termination agreement including 'Termination Date', 'Final Payment', 'Company Property'

4. Effective Date of Termination: Specific date when employment relationship ends and notice period details

5. Final Payment Terms: Details of salary, notice pay, prorated bonuses, leave encashment and other monetary settlements

6. Company Property: Requirements and timeline for return of company assets, documents, and access credentials

7. Confidentiality Obligations: Ongoing duties regarding confidential information and trade secrets post-termination

Optional Sections

1. Garden Leave: Terms and conditions of garden leave period including duration and obligations

2. Post-Employment Restrictions: Non-compete, non-solicitation, and other restrictive covenants

3. References: Agreement regarding the provision and content of employment references

4. Outplacement Support: Details of career transition assistance and support services provided

5. Foreign Worker Provisions: Special provisions for work pass cancellation and repatriation if employee is a foreign worker

Suggested Schedules

1. Schedule 1 - Final Payment Calculation: Detailed breakdown of all final payments including salary, benefits, and deductions

2. Schedule 2 - Company Property Checklist: Comprehensive list of company property to be returned with acknowledgment form

3. Schedule 3 - Benefits Settlement Statement: Statement of outstanding benefits, insurance coverage, and their treatment post-termination

4. Schedule 4 - Confidential Information: Specific listing of confidential information and trade secrets covered by ongoing obligations

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

Technology
Financial Services
Manufacturing
Professional Services
Retail

Relevant Teams

Human Resources
Legal
Finance
Operations
Information Technology

Relevant Roles

Chief Executive Officer
Manager
Executive
Administrative Staff
Technical Specialist

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Let's create your Termination Of Employment Contract

Authors

Alex Denne

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