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Employee Termination Agreement Template for Singapore

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Key Requirements PROMPT example:

Employee Termination Agreement Template

I need an Employee Termination Agreement Template for a senior software engineer in Singapore who is leaving voluntarily on March 15, 2025, with specific provisions for the protection of intellectual property and a 6-month non-compete clause.

Document background
The Employee Termination Agreement Template is designed for use in Singapore when formally ending an employment relationship. It adheres to Singapore's Employment Act and related legislation, ensuring proper documentation of the termination process. This agreement covers essential elements including final payment terms, notice periods, CPF obligations, confidentiality requirements, and mutual releases. It's particularly useful in situations requiring clear documentation of separation terms, whether for voluntary resignations, redundancies, or mutual separations. The template includes provisions that protect both employer and employee interests while ensuring compliance with local employment laws.
Suggested Sections

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

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

3. Definitions: Key terms used throughout the agreement

4. Termination Date: Specific date employment relationship ends

5. Final Payment Terms: Details of salary, benefits, and other compensation due

6. Company Property: Requirements for return of company assets

7. Confidentiality: Ongoing obligations regarding confidential information

8. Full and Final Settlement: Mutual release of claims

Optional Sections

1. Garden Leave: Terms of paid leave during notice period - use when employee is being paid but not required to work during notice period

2. Non-Compete Clause: Restrictions on future employment - use for senior employees or those with access to sensitive information

3. Reference Provision: Terms regarding future employment references - use when agreed as part of separation terms

4. Outplacement Services: Support for finding new employment - use in cases of redundancy or as part of separation package

Suggested Schedules

1. Schedule 1: Final Payment Calculation: Detailed breakdown of all final payments including salary, leave, bonuses

2. Schedule 2: Company Property List: Itemized list of company assets to be returned

3. Schedule 3: Continuing Obligations: List of obligations that survive termination

4. Appendix A: Exit Checklist: Checklist for completion of termination processes

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






























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Industries

Employment Act (Chapter 91): Primary legislation governing employment terms, conditions, notice periods, salary and leave payments. Core provisions now cover all employees under recent amendments.

Central Provident Fund Act (Chapter 36): Regulates mandatory social security savings system, including CPF contributions and obligations during employment termination.

Personal Data Protection Act 2012 (PDPA): Governs the handling, protection, retention and deletion requirements of employee's personal data during and after employment.

Industrial Relations Act (Chapter 136): Addresses requirements for unionized employees and compliance with collective agreements if applicable.

Retirement and Re-employment Act: Specifies obligations regarding employees near retirement age and re-employment requirements.

Employment Claims Act 2016: Outlines dispute resolution procedures and handling of salary-related claims.

MOM Fair Employment Guidelines: Ministry of Manpower guidelines covering fair employment practices and managing excess manpower.

Notice Period Requirements: Statutory and contractual notice period compliance requirements for termination.

Final Compensation Calculation: Calculation requirements for final salary, pro-rated bonuses, outstanding leave encashment.

Post-Employment Obligations: Requirements regarding confidentiality, return of company property, non-compete/non-solicitation clauses.

Settlement Terms: Full and final settlement terms including release of claims and tax considerations.

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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