Company Separation Agreement Template for Singapore

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Company Separation Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Company Separation Agreement

"I need a Company Separation Agreement for a senior software engineer leaving our Singapore tech company on March 15, 2025, with a 3-month non-compete clause and standard confidentiality provisions."

What is a Company Separation Agreement?

The Company Separation Agreement is essential when formally ending an employment relationship in Singapore. This document is particularly important for protecting both parties' interests and ensuring compliance with local employment laws. It is commonly used in situations involving mutual separation, redundancy, or negotiated exits. The agreement covers crucial elements including final payments, benefits, continuing obligations, and releases of claims. Under Singapore's legal framework, such agreements must comply with the Employment Act, CPF regulations, and data protection laws. The document serves as a comprehensive record of the separation terms and helps prevent future disputes.

What sections should be included in a Company Separation Agreement?

1. Parties: Identification of employer and employee

2. Background: Context of employment and reason for separation

3. Definitions: Key terms used throughout the agreement

4. Separation Date: Official termination date and final working day

5. Final Payment: Details of final salary, pro-rated bonuses, and other payments

6. Release of Claims: Mutual release of claims between parties

7. Confidentiality: Ongoing obligations regarding confidential information

8. Return of Property: Process and timeline for returning company assets

What sections are optional to include in a Company Separation Agreement?

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

2. Non-Solicitation: Restrictions on approaching clients or employees - for client-facing or management roles

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

4. Outplacement Services: Support for finding new employment - used in redundancy situations or as part of enhanced package

What schedules should be included in a Company Separation Agreement?

1. Schedule 1: Final Payment Calculation: Detailed breakdown of all final payments including salary, benefits, and deductions

2. Schedule 2: Company Property List: Comprehensive inventory of company items to be returned by the employee

3. Schedule 3: Continuing Obligations: List of surviving contractual obligations post-employment

4. Appendix A: Form of Release: Standard release document to be signed by both parties

5. Appendix B: Reference Letter Template: Agreed format and content for future employment references

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Clauses
Industries

Employment Act (Chapter 91): Primary legislation governing employment relationships in Singapore, covering basic terms and conditions, termination provisions, notice periods, salary and leave entitlements, and core protections for all employees.

Employment Claims Act 2016: Establishes framework for employment dispute resolution, including statutory limits for claims and mediation procedures.

Personal Data Protection Act 2012 (PDPA): Regulates the treatment of employee personal data, including data retention, destruction requirements, and privacy obligations during and after employment.

Central Provident Fund Act (Chapter 36): Governs mandatory social security savings system, including employer CPF contribution obligations and treatment of outstanding CPF matters during separation.

Income Tax Act (Chapter 134): Determines tax treatment of final payments and benefits, including tax clearance requirements for departing employees.

Competition Act (Chapter 50B): Relevant for non-compete clauses and protection of trade secrets in separation agreements.

Retirement and Re-employment Act: Specifies requirements for retirement benefits and re-employment obligations, particularly relevant for older employees.

Industrial Relations Act: Governs relationships with unionized employees and implications of collective agreements in separation situations.

Contract Law: Provides framework for contractual obligations, enforcement, consideration requirements, and severability of terms in separation agreements.

Companies Act (Chapter 50): Outlines director's duties and corporate governance requirements relevant to separation agreements, particularly for senior executives.

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

Find the exact document you need

Simple Separation Agreement

A legally binding document under Singapore law that formalizes employment termination terms between employer and employee.

find out more

Separation And Settlement Agreement

A Singapore-compliant agreement that documents employment termination terms and mutual obligations between employer and employee.

find out more

Employer Separation Agreement

A formal Singapore-compliant letter confirming an employee's continuous employment status and details.

find out more

Basic Separation Agreement

A Singapore-compliant agreement documenting the terms of employment separation between an employer and employee.

find out more

Contract Separation Agreement

A legally binding agreement under Singapore law that documents the terms of employment termination between an employer and employee.

find out more

Community Property Transmutation Agreement

An agreement for modifying property rights between spouses (note: not applicable in Singapore's legal system, which uses the Women's Charter framework instead).

find out more

Diy Separation Agreement

A Singapore-compliant legal document outlining terms and conditions for married couples choosing to separate before divorce.

find out more

Employee Resignation Agreement

A regulated debt collection notice used by third-party collectors in Singapore to pursue outstanding debts on behalf of creditors.

find out more

Post Separation Agreement

A Singapore-law governed agreement that sets out terms between employer and employee following employment termination.

find out more

Controlled Separation Contract

A Singapore-compliant agreement managing structured employment termination and related terms.

find out more

Joint Separation Agreement

A legally binding agreement under Singapore law that establishes terms for married couples to live separately without immediate divorce.

find out more

Legally Binding Separation Agreement

A legally enforceable agreement under Singapore law that establishes terms for married couples who wish to live separately without divorcing.

find out more

Healing Separation Agreement

A Singapore-compliant legal agreement establishing terms for a temporary marital separation focused on relationship healing and potential reconciliation.

find out more

Pre Separation Agreement

A Singapore law-governed agreement between spouses planning to separate, establishing terms for asset division, living arrangements, and related matters before formal divorce proceedings.

find out more

Interim Separation Agreement

A Singapore law-governed agreement establishing temporary arrangements between separating spouses before formal divorce proceedings.

find out more

Binding Financial Agreement After Separation

A legally binding agreement under Singapore law that sets out financial arrangements between separated spouses, including asset division and ongoing obligations.

find out more

Uncontested Separation Agreement

A mutual agreement for married couples to separate under Singapore law, detailing terms of separation and asset division.

find out more

Unmarried Separation Agreement

A Singapore-compliant agreement documenting separation terms between unmarried couples, including asset division and mutual obligations.

find out more

Legal Separation Agreement

A Singapore-governed agreement establishing terms for married couples to live separately while remaining legally married.

find out more

Trial Separation Agreement

A Singapore-law governed agreement establishing terms for a temporary marital separation while maintaining legal marriage status.

find out more

Financial Separation Agreement

A Singapore-law governed agreement detailing the division of assets and financial responsibilities between separating spouses.

find out more

Cohabitation Separation Agreement

A Singapore-law governed agreement between unmarried cohabiting partners to formally document their separation and division of assets.

find out more

Informal Separation Agreement

A Singapore-law governed agreement between married couples establishing terms for living separately without divorce proceedings.

find out more

Company Separation Agreement

A legally binding agreement under Singapore law that documents the terms of employment termination and protects both employer and employee interests.

find out more

Business Separation Agreement

A Singapore-law governed agreement that formally documents the terms and process for separating business operations between parties.

find out more

Amicable Separation Agreement

A Singapore law-compliant agreement documenting mutually agreed terms between separating spouses, covering asset division and living arrangements.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.