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Disclosure Of Settlement Agreement Template for Singapore

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Key Requirements PROMPT example:

Disclosure Of Settlement Agreement

"I need a Disclosure of Settlement Agreement under Singapore law to allow our company to share details of our recent employment settlement with our external auditors and tax advisors, with strict confidentiality provisions to prevent further disclosure."

Document background
A Disclosure of Settlement Agreement is utilized when parties need to share confidential settlement terms with specific third parties while maintaining overall confidentiality. Under Singapore law, this document provides a formal framework for controlled disclosure, ensuring compliance with privacy laws and contractual obligations. The agreement typically includes detailed provisions about what can be disclosed, to whom, and under what conditions, while maintaining the integrity of the original settlement agreement. It's particularly important in situations involving regulatory requirements, corporate transactions, or when professional advisors need access to settlement information.
Suggested Sections

1. Parties: Identification of all parties involved in the settlement agreement

2. Background: Context of the original settlement and reason for disclosure

3. Definitions: Key terms used tHRoughout the agreement

4. Scope of Disclosure: Specific details of what information may be disclosed

5. Permitted Recipients: Parties to whom disclosure is authorized

6. Confidentiality Obligations: Ongoing confidentiality requirements

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

Optional Sections

1. Third Party Rights: Additional provisions required when third parties have rights under the original settlement

2. International Disclosure: Additional provisions required when disclosure involves international parties

3. Data Protection Compliance: Specific PDPA compliance measures when personal data is involved in the disclosure

Suggested Schedules

1. Original Settlement Agreement: Copy of the settlement agreement being disclosed

2. Disclosure Schedule: Detailed list of information authorized for disclosure

3. Recipient Undertaking: Form of confidentiality undertaking for recipients

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






















Clauses






















Industries

Evidence Act (Chapter 97): Key legislation governing documentary evidence, admissibility, and rules regarding confidentiality and privilege in Singapore. Essential for determining how settlement agreement details can be presented and used as evidence.

Mediation Act 2017: Regulates confidentiality of mediation proceedings and disclosure of mediation communications. Crucial for settlement agreements that arose from mediation processes.

Supreme Court of Judicature Act: Contains provisions relating to court settlements and their disclosure requirements. Important for settlements that have been recorded in or endorsed by the courts.

Civil Law Act (Chapter 43): Establishes general contract law principles and specific provisions affecting settlement agreements in Singapore. Forms the fouNDAtion for the agreement's legal framework.

Personal Data Protection Act 2012: Governs the handling of personal data, including consent requirements for disclosure and cross-border data transfers. Essential for protecting personal information in settlement agreements.

Common Law Principles: Encompasses doctrine of confidentiality, contract law principles regarding disclosure, and principles of waiver and estoppel. Provides fundamental legal framework for settlement agreements.

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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