Employee Exit Agreement for Singapore

Employee Exit Agreement Template for Singapore

An Employee Exit Agreement under Singapore law is a legally binding document that formalizes the termination of employment between an employer and employee. It outlines the terms and conditions of the separation, including final payments, benefits, confidentiality obligations, and mutual releases. The agreement must comply with Singapore's Employment Act, Central Provident Fund Act, and other relevant legislation, ensuring proper protection for both parties while addressing specific requirements under Singapore employment law.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Generate a Bespoke Document

1. Select your governing law:

2. Enter your key requirements:

3. Create your document to edit, review or download

Download a Standard Template

Get our Singapore-compliant Employee Exit Agreement

4.6 / 5

4.8 / 5

Alternatively: Run an advanced review of an existing
Employee Exit Agreement

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

Upload your Doc

What is a Employee Exit Agreement?

The Employee Exit Agreement is a crucial document used in Singapore when employment relationships are terminated, whether tHRough mutual agreement, resignation, or other circumstances. It serves to protect both employer and employee interests by clearly documenting the terms of separation, including financial settlements, ongoing obligations, and mutual releases. The agreement must align with Singapore's employment laws and regulations, including the Employment Act and CPF requirements. It typically includes provisions for final payments, benefit settlements, confidentiality obligations, and the return of company property, while also addressing any post-employment restrictions or obligations.

What sections should be included in a Employee Exit Agreement?

1. Parties: Identification of employer and employee with full legal names and details

2. Background: Brief context of employment relationship and reason for exit agreement

3. Definitions: Key terms used tHRoughout the agreement

4. Termination Date: Clear specification of last day of employment

5. Final Payment Terms: Details of final salary, benefits, and payment timeline

6. Company Property: Obligations regarding return of company assets and property

7. Confidentiality Obligations: Ongoing duties regarding confidential information

8. General Release: Mutual release of claims between parties

What sections are optional to include in a Employee Exit Agreement?

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

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

3. Reference Arrangement: Terms of future employment references - included when agreed as part of exit package

4. Gardening Leave: Terms of paid leave during notice period - used when employee is placed on garden leave

5. Share Options/Awards: Treatment of outstanding share options or awards - included for employees with share-based compensation

What schedules should be included in a Employee Exit Agreement?

1. Schedule 1 - Final Payment Calculation: Detailed breakdown of final payment including salary, leave, bonuses

2. Schedule 2 - Company Property List: Itemized list of company property to be returned

3. Schedule 3 - Confidential Information: Specific details of confidential information covered

4. Appendix A - Handover Plan: Detailed plan for transition of responsibilities

5. Appendix B - Release Form: Standard form for mutual release of claims

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

Cost

Free to use

Relevant legal definitions

Clauses

Relevant Industries

Financial Services
Technology
Manufacturing
Professional Services
Healthcare

Relevant Teams

Human Resources
Legal
Finance
Information Technology
Operations

Relevant Roles

Chief Executive Officer
Department Manager
Software Engineer
Sales Representative
Administrative Staff

Find the exact document you need

No matches found.

Termination Without Cause Commercial Contract

A Singapore law-governed agreement for terminating commercial contracts without cause, ensuring compliant business relationship conclusion.

How Cambridge United Uses Genie AI to Speed Up Player Signings and Slash Legal Costs

Generate a Bespoke Document

Download a Standard Template

What is a Employee Exit Agreement?

What sections should be included in a Employee Exit Agreement?

What sections are optional to include in a Employee Exit Agreement?

What schedules should be included in a Employee Exit Agreement?

Authors

Alex Denne

Jurisdiction

Publisher

Document Type

Sector

Cost

Find the exact document you need

Termination Without Cause Commercial Contract

Termination Of Rental Agreement Letter By Tenant

Termination Of Lease Agreement During Lock In Period

Termination Of Development Agreement

Termination Of Contract Due To Ill Health

Termination Letter Distribution Agreement

Termination Clause In Employment Contract

Service Contract Termination

Mutual Agreement On Termination Of Employment

Mutual Termination Of Contract In Construction Projects

Lease Release

Independent Contractor Termination

Immediate Termination Of Contract

End Of Probationary Contract

Expiry Of Employment Contract

Deed Of Termination Of Shareholders Agreement

Contract With No Termination Clause

Contract Termination For Convenience

Contract Termination For Cause

Buyer Termination Of Contract

Termination Of Agency Agreement

Termination Of Lease Letter To Tenant

Termination Of Business Relationship

End Of Fixed Term Contract

Director Exit Agreement

Cancellation Agreement

Automatic Termination Of Contract

Cease Employment Letter

Termination Of Lease Form

Ending A Fixed Term Contract Early

Termination Of Tenancy Agreement Letter By Landlord

Termination Of Sales Representative Agreement

Tenancy Surrender Agreement

Mutual Termination And Release Agreement

Release And Cancellation Of Contract

Cancellation Of Agreement To Sell

Non Compete Agreement After Termination

Termination Of Storage Agreement

Hire Purchase Agreement Termination

Contract Release Letter

Genie’s Security Promise

Your documents are private:

Your documents are protected:

Organizational security:

Use Cases

Generate Legal Docs Free