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Contract Separation Agreement
"Need a Contract Separation Agreement for a senior technology executive in Singapore who will be leaving with a comprehensive severance package, including share options and a 6-month non-compete clause, with the separation date set for March 15, 2025."
1. Parties: Identification of employer and employee with full legal names and addresses
2. Background: Brief history of employment relationship and reason for separation
3. Definitions: Key terms used throughout the agreement
4. Separation Date: Specific date when employment relationship ends
5. Final Payment Terms: Details of salary, notice period payments, and other monetary entitlements
6. Return of Company Property: Requirements for returning company assets and documents
7. Confidentiality Obligations: Ongoing duties regarding confidential information
1. Non-Compete Provisions: Restrictions on future employment - use for senior employees or those with access to sensitive information
2. Reference Provision: Terms regarding employment references - include when agreed to provide references
3. Stock Options/Share Awards: Treatment of equity compensation - include when employee has outstanding equity awards
4. Outplacement Support: Terms of career transition assistance - include when providing career transition support
1. Schedule of Company Property: List of items to be returned to the company
2. Schedule of Final Payments: Detailed breakdown of all final payments and benefits
3. Confidential Information Schedule: Specific list of confidential information and materials
4. Release and Waiver Form: Standard form for mutual release of claims
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