The Contract Expired Letter is a crucial document in Singapore's business environment, used when a contract reaches its natural conclusion without early termination or breach. This document serves multiple purposes: it provides formal acknowledgment of contract expiration, outlines any remaining obligations, details the return of property or materials, and addresses ongoing commitments such as confidentiality. Under Singapore law, while not always legally required, a Contract Expired Letter is considered best practice for proper contract management and maintaining clear business records.
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1. Date: Current date of the letter
2. Recipient Details: Full name and address of the recipient
3. Contract Reference: Original contract details including date and reference number
4. Expiry Confirmation: Clear statement confirming contract expiry and effective date
5. Final Instructions: Actions required from recipient regarding contract closure
1. Outstanding Obligations: Section detailing any pending payments or deliverables that need to be addressed before contract closure
2. Future Relations: Optional statement about potential future business relationship and appreciation for past collaboration
3. Post-Contract Obligations: Section reminding parties of any ongoing obligations such as confidentiality or non-compete provisions
1. Final Statement: Summary of any financial settlements or outstanding amounts between parties
2. Property Return Checklist: Detailed list of items, documents, or property to be returned by either party
3. Original Contract Reference: Copy or excerpt of relevant sections from the original contract pertaining to expiration
Relevant legal definitions
Clauses
Acknowledgment of Expiry
Contract Reference
Date of Expiry
Final Payment Terms
Outstanding Obligations
Return of Property
Confidentiality
Intellectual Property
Post-Contract Obligations
Surviving Provisions
Records and Documentation
Final Settlement
Mutual Release
Non-Compete Obligations
Notice Details
Governing Law
Contract Reference
Date of Expiry
Final Payment Terms
Outstanding Obligations
Return of Property
Confidentiality
Intellectual Property
Post-Contract Obligations
Surviving Provisions
Records and Documentation
Final Settlement
Mutual Release
Non-Compete Obligations
Notice Details
Governing Law
Relevant Industries
Relevant Teams
Relevant Roles
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