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Controlled Separation Contract
"Need a Controlled Separation Contract for a senior software engineer in Singapore who will be leaving due to restructuring, with a three-month notice period starting March 1, 2025, including standard non-compete clauses and retention of certain health benefits for 6 months post-separation."
1. Parties: Identification of employer and employee with full legal names and addresses
2. Background: Context of separation and reference to existing employment relationship
3. Definitions: Key terms used throughout the agreement
4. Separation Terms: Date of separation and immediate effects
5. Financial Settlement: Details of severance package and final payments
6. Confidentiality: Ongoing obligations regarding confidential information
7. Return of Property: Process and timeline for returning company assets
1. Non-Compete: Restrictions on future employment - for senior employees or those with access to sensitive information
2. Outplacement Support: Details of career transition assistance - when company provides additional support services
3. Reference Letter: Terms regarding future employment references - when agreed as part of separation package
1. Schedule 1 - Financial Settlement Breakdown: Detailed calculation of all payments including severance, unused leave, and other entitlements
2. Schedule 2 - Company Property List: Inventory of items to be returned including company equipment, documents, and access cards
3. Schedule 3 - Ongoing Benefits: List of benefits continuing post-employment including health insurance extension if applicable
4. Appendix A - Release Form: Standard form for mutual release of claims between employer and employee
Authors
Company
Confidential Information
Effective Date
Employee
Employment Agreement
Final Payment Date
Intellectual Property Rights
Last Day of Employment
Notice Period
Parties
Release
Separation Benefits
Separation Date
Severance Payment
Trade Secrets
Restricted Period
Company Property
Outstanding Obligations
Accrued Benefits
CPF Contributions
Pro-rated Annual Leave
Mutual Release
Non-Compete Obligations
Non-Solicitation Obligations
Continuing Obligations
Personal Data
Termination Benefits
Business Day
Governing Law
Termination Date
Financial Settlement
Severance Payment
Final Salary and Benefits
Leave Encashment
Confidentiality
Non-Disclosure
Non-Compete
Non-Solicitation
Return of Property
Intellectual Property Rights
Continuing Obligations
Reference and Announcements
Tax Implications
CPF Contributions
Release of Claims
Mutual Release
Legal Fees
Outplacement Support
Medical Benefits
Insurance Coverage
Share Options and Awards
Governing Law
Dispute Resolution
Entire Agreement
Amendment
Severability
Notices
Counterparts
Assignment
Third Party Rights
Data Protection
Cooperation
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