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Basic Separation Agreement
"I need a Basic Separation Agreement for a senior software engineer leaving our Singapore tech company on March 15, 2025, including non-compete provisions and extended health benefits for 3 months after departure."
1. Parties: Identification of employer and employee with full legal names and addresses
2. Background: Brief context of employment relationship and reason for separation
3. Definitions: Key terms used throughout the agreement
4. Separation Date: Clear statement of last day of employment
5. Final Payment Terms: Details of final salary, unused leave, and other payments
6. Company Property: Requirements for return of company assets
7. Confidentiality: Ongoing obligations regarding confidential information
1. Non-Compete Clause: Restrictions on future employment - use for senior employees or those with access to sensitive information
2. Reference Provision: Terms regarding future employment references - include when agreed as part of separation terms
3. Benefits Continuation: Extension of certain employment benefits - include when offering extended benefits as part of package
4. Release of Claims: Mutual release of legal claims - include in cases of potential disputes or as standard practice
1. Schedule 1: Final Payment Calculation: Detailed breakdown of all final payments including salary, leave, and other entitlements
2. Schedule 2: Company Property List: Inventory of company assets and items to be returned by the employee
3. Schedule 3: Benefits Summary: Details of any continuing benefits and their duration post-separation
4. Appendix A: Confidential Information Definition: Detailed description of what constitutes confidential information under the agreement
Authors
Company
Confidential Information
Effective Date
Employee
Employment Contract
Final Payment
Intellectual Property Rights
Notice Period
Parties
Personal Data
Restrictive Covenants
Separation Date
Severance Payment
Trade Secrets
Company Property
Outstanding Benefits
Released Claims
Surviving Obligations
Working Day
Competing Business
Customer
Non-Compete Period
Restricted Territory
Stock Options
Unvested Benefits
Vested Benefits
Group Companies
Related Corporations
Continuation Benefits
Final Payment
Payment of Outstanding Benefits
Return of Company Property
Confidentiality
Intellectual Property
Data Protection
Full and Final Settlement
Release of Claims
Continuing Obligations
Governing Law
Severability
Non-Competition
Non-Solicitation
Non-Disparagement
Future Cooperation
Reference Provision
Benefit Continuation
Stock Options
Legal Fees
Tax Indemnity
Outplacement Services
Garden Leave
Publicity
Assignment
Third Party Rights
Alternative Dispute Resolution
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