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Employee Retainer Agreement

Employee Retainer Agreement Template for Singapore

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Key Requirements PROMPT example:

Employee Retainer Agreement

"I need an Employee Retainer Agreement for a senior software developer in Singapore who will work 20 hours per week starting March 1, 2025, with specific provisions for intellectual property rights and the ability to work for other clients outside our industry."

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Document background
The Employee Retainer Agreement is utilized when organizations in Singapore seek to secure consistent, ongoing services from professionals while maintaining flexibility in engagement terms. This document type combines elements of traditional employment agreements with retainer-specific provisions, ensuring compliance with Singapore employment law while addressing unique aspects of retainer arrangements. The agreement typically includes detailed provisions for service scope, payment structure, performance expectations, and termination conditions, while incorporating mandatory requirements under Singapore's Employment Act, CPF regulations, and related employment legislation.
Suggested Sections

1. Parties: Identification and details of the employer and employee

2. Background: Context of the retainer arrangement and relationship between parties

3. Definitions: Key terms used tHRoughout the agreement

4. Scope of Services: Detailed description of services to be provided under the retainer

5. Term and Renewal: Duration of the agreement and renewal provisions

6. Compensation and Benefits: Retainer fee structure, payment terms, and benefits

7. Confidentiality: Protection of confidential information

8. Termination: Conditions and process for ending the agreement

Optional Sections

1. Exclusivity: Restrictions on working with other employers - use when employer requires exclusive service

2. Non-Compete: Post-employment competition restrictions - recommended for senior positions or specialized roles

3. Intellectual Property: Ownership of work product and innovations - include when creative or technical work is involved

4. Performance Metrics: Specific KPIs and performance expectations - include when performance-based compensation is used

Suggested Schedules

1. Schedule 1 - Scope of Services: Detailed breakdown of services to be provided

2. Schedule 2 - Compensation Structure: Detailed breakdown of fees, benefits, and payment terms

3. Schedule 3 - Performance Metrics: Specific KPIs and measurement criteria

4. Appendix A - Company Policies: Relevant company policies that form part of the agreement

5. Appendix B - Benefits Package: Detailed description of employee benefits

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, covering basic terms and conditions, salary payment rules, working hours, rest days, leave entitlements, and sick leave provisions

Central Provident Fund Act (Chapter 36): Regulates mandatory retirement savings scheme including employer/employee contribution rates, treatment of allowances and bonuses in CPF calculations

Employment of Foreign Manpower Act: Governs the employment of foreign workers in Singapore, including work pass requirements, foreign worker levy, and employment restrictions

Personal Data Protection Act 2012: Regulates the collection, use, and disclosure of personal data, including employee data protection obligations and consent requirements

Industrial Relations Act: Governs labor-management relations, union relationships, and collective bargaining processes in Singapore

Income Tax Act: Covers tax treatment of retainer payments and associated reporting obligations for both employer and employee

Work Injury Compensation Act: Establishes framework for work injury compensation, including insurance requirements and employer liability

Singapore Contract Law: General contract law principles governing formation, terms, conditions, and termination of contractual agreements

Retainer Agreement Specific Elements: Key components including engagement terms, scope of services, payment structure, exclusivity clauses, IP rights, confidentiality, non-compete clauses, termination conditions, notice periods, and dispute resolution

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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