Document background
The Mutual Agreement on Termination of Employment is utilized when both employer and employee agree to end their employment relationship amicably. This document, compliant with Singapore employment law, is particularly relevant during corporate restructuring, career transitions, or when both parties seek an agreed exit arrangement. It comprehensively covers termination terms, final settlements, ongoing obligations, and mutual releases, while ensuring compliance with Singapore's Employment Act, CPF regulations, and other relevant legislation. The agreement helps prevent future disputes by clearly documenting the separation terms and protecting both parties' interests.
