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Employee Deed Of Release

Employee Deed Of Release Template for Singapore

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Key Requirements PROMPT example:

Employee Deed Of Release

"I need an Employee Deed of Release for a senior software engineer in Singapore who is leaving voluntarily on March 15, 2025, with standard non-compete provisions and an agreed reference letter to be attached."

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Document background
An Employee Deed of Release is a crucial document used in Singapore when employment relationships are terminated by mutual agreement or as part of a settlement. This document, governed by Singapore employment law, provides legal certainty by documenting the terms of separation and ensuring both parties' rights and obligations are clearly defined. The deed typically includes settlement payments, releases from claims, confidentiality provisions, and other post-employment obligations. It's particularly important in situations involving senior employees, redundancies, or where there might be potential disputes, ensuring compliance with Singapore's Employment Act and related legislation.
Suggested Sections

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

2. Background: Context of employment relationship and circumstances leading to release

3. Definitions: Key terms used throughout the deed

4. Release and Discharge: Core provisions releasing parties from claims and obligations

5. Settlement Amount: Details of any payment as consideration for the release

6. Confidentiality: Obligations regarding non-disclosure of settlement terms

7. Return of Property: Requirements for returning company property

Optional Sections

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

2. Reference Provision: Terms regarding future employment references - included when agreed as part of settlement negotiations

3. Ongoing Cooperation: Requirements for assistance in handover or future matters - used for complex roles or ongoing litigation

4. Tax Indemnity: Protection against tax liabilities - included for substantial settlement amounts

Suggested Schedules

1. Schedule 1 - Settlement Payment Details: Breakdown of settlement amount and payment terms

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

3. Schedule 3 - Agreed Form of Reference: Template of employment reference if agreed

4. Appendix A - Outstanding Claims: List of claims being settled by the deed

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 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

























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Industries

Employment Act (Chapter 91): Primary legislation governing employment relationships in Singapore. Covers basic terms and conditions of employment, termination provisions, notice periods, salary and leave entitlements. 2019 amendments extended coverage to all employees.

Industrial Relations Act (Chapter 136): Regulates relations between employers and employees, including provisions for dispute resolution and union representation rights.

Retirement and Re-employment Act: Governs minimum retirement age provisions and re-employment obligations for Singaporean employees.

Central Provident Fund Act: Regulates employer CPF contribution obligations and settlement of outstanding CPF matters in employment termination.

Personal Data Protection Act 2012: Governs the protection of employee personal data, data disposal requirements, and confidentiality provisions in employment relationships.

Income Tax Act: Addresses tax implications of settlement payments and related reporting obligations in employment termination.

Work Injury Compensation Act: Covers settlement of outstanding workplace injury claims and release of liability provisions in employment termination.

Competition Act: Governs non-compete and restrictive covenant considerations, and protection of trade secrets in employment relationships.

Prevention of Corruption Act: Addresses anti-corruption provisions and reporting obligations in employment relationships.

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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