Mutual Release And Settlement 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 Mutual Release And Settlement 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:

Mutual Release And Settlement Agreement

"Need a Mutual Release and Settlement Agreement under Singapore law to resolve an IP dispute between our tech company and a former contractor, including confidentiality provisions and a payment schedule for settlement amount of SGD 250,000 to be paid by March 2025."

Document background
The Mutual Release and Settlement Agreement is utilized when parties wish to formally resolve disputes and release each other from future claims under Singapore law. This document is crucial in commercial dispute resolution, providing a comprehensive framework for settlement terms, payment arrangements, and mutual releases. It offers legal certainty and finality to disputes, incorporating necessary provisions for confidentiality, non-disparagement, and enforcement mechanisms. The agreement must comply with Singapore's contract law requirements and can be used across various sectors for both corporate and individual disputes.
Suggested Sections

1. Parties: Identification and details of all parties to the agreement

2. Background: Context of the dispute and reason for settlement

3. Definitions: Key terms used tHRoughout the agreement

4. Settlement Terms: Core settlement provisions including payment terms and timing

5. Mutual Release: Language releasing all claims between parties

6. Confidentiality: Obligations regarding non-disclosure of settlement terms

7. Governing Law: Specification of Singapore law as governing law

Optional Sections

1. Non-Admission of Liability: Statement that settlement does not constitute admission of liability - used when party wants to explicitly deny liability while settling

2. Non-Disparagement: Provisions preventing parties from making negative statements about each other - used in high-profile or sensitive disputes

3. Return of Property: Provisions for returning documents or property - used when physical items or documents need to be exchanged

4. Tax Implications: Treatment of settlement payments for tax purposes - used when settlement involves significant monetary compensation

Suggested Schedules

1. Payment Schedule: Detailed breakdown of settlement payments and timing

2. List of Released Claims: Specific claims being released tHRough the settlement

3. Related Proceedings: List of legal proceedings being terminated

4. Form of Announcement: Agreed public statement about settlement if applicable

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

Industries

Civil Law Act (Cap. 43): Primary legislation governing contract formation, validity, and enforcement in Singapore. Provides fundamental principles for contractual agreements.

Contract Law Reform Act: Modern reforms to contract law principles, updating traditional common law approaches for contemporary commercial reality.

Limitation Act (Cap. 163): Sets statutory time limits for bringing legal claims and enforcing rights. Critical for release and settlement provisions.

Evidence Act (Cap. 97): Governs admissibility of evidence and documentation requirements, including how settlement terms may be presented in future proceedings.

Mediation Act 2017: Regulates mediation proceedings and enforceability of mediated settlement agreements in Singapore.

Rules of Court 2021: Procedural rules for court proceedings, including requirements for consent judgments and settlement of ongoing litigation.

Personal Data Protection Act 2012: Regulates collection, use, and disclosure of personal data, relevant for confidentiality and data protection provisions in settlements.

Unfair Contract Terms Act (Cap. 396): Controls use of exclusion and limitation clauses, ensuring reasonableness in contractual terms.

Employment Act: Relevant if settlement involves employment matters, ensuring compliance with mandatory employment law provisions.

Companies Act: Applicable for settlements involving corporate entities, ensuring compliance with corporate law requirements.

Consumer Protection (Fair Trading) Act: Relevant for settlements involving consumer disputes, ensuring fair trading practices and consumer rights.

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

Tripartite Settlement Agreement

find out more

Termination And Settlement Agreement

find out more

Settlement Agreement Payment Plan

find out more

Settlement Agreement Between Landlord And Tenant

find out more

Selling House Divorce Agreement

find out more

ReduNDAncy Agreement

find out more

Property Agreement Divorce

find out more

Precedent Settlement Agreement

find out more

Mutual Divorce Settlement Agreement

find out more

Monetary Settlement Agreement

find out more

Marital Divorce Agreement

find out more

Marital Agreement Divorce

find out more

Lawsuit Settlement Non Disclosure Agreement

find out more

Good Settlement Agreement

find out more

Global Settlement Offer Divorce

find out more

General Mutual Release Agreement

find out more

Divorce Financial Consent Order

find out more

Division Agreement

find out more

Contract Settlement Agreement

find out more

Covenant Not To Sue Settlement Agreement

find out more

Court Order Settlement Agreement

find out more

Consent Judgment Settlement Agreement

find out more

Compromise Agreement Payment

find out more

Company Settlement Agreement

find out more

Binding Settlement Agreement

find out more

Work Settlement Agreement

find out more

Separation Agreement Property Settlement

find out more

Injury Settlement Agreement

find out more

Divorce Property Division Agreement

find out more

Divorce Agreement

find out more

Dismissal Settlement Agreement

find out more

Amicable Settlement Agreement

find out more

Amending Divorce Agreement

find out more

Non Judicial Settlement Agreement

find out more

Pre Litigation Settlement Agreement

find out more

Neutral Reference Settlement Agreement

find out more

Uncontested Divorce Property Settlement Agreement

find out more

Settlement Agreement No Further Claims

find out more

Workers Compensation Settlement Agreement

find out more

Short Settlement Agreement

find out more

Personal Guarantee Settlement Agreement

find out more

Mediation Settlement Agreement Binding

find out more

Final Divorce Agreement

find out more

Family Property Settlement Agreement

find out more

Settlement Release And Indemnity Agreement

find out more

Subrogation Settlement Agreement

find out more

Resignation Settlement Agreement

find out more

Trademark Settlement Agreement

find out more

Settlement Waiver And Release Agreement

find out more

Non Compromise Agreement

find out more

Extrajudicial Agreement

find out more

Disclosure Of Settlement Agreement

find out more

Civil Lawsuit Settlement Agreement

find out more

Settlement Release Agreement

find out more

Lease Settlement Agreement

find out more

Director Settlement Agreement

find out more

Compensation Settlement Agreement

find out more

Agreement For Settlement Of Dispute

find out more

Real Estate Settlement Agreement

find out more

Probate Settlement Agreement

find out more

Multi Party Settlement Agreement

find out more

Final Settlement Agreement

find out more

Copyright Settlement Agreement

find out more

Consent Settlement Agreement

find out more

Post Settlement Agreement

find out more

Partial Settlement Agreement

find out more

High Low Settlement Agreement

find out more

Full And Final Agreement

find out more

Uncontested Divorce Agreement

find out more

Pre Settlement Agreement

find out more

No Fault Settlement Agreement

find out more

Liability Settlement Agreement

find out more

Family Arrangement Agreement

find out more

Estate Settlement Agreement

find out more

Contract Dispute Settlement Agreement

find out more

Third Party Settlement Agreement

find out more

Structured Settlement Agreement

find out more

Shareholder Settlement Agreement

find out more

Refund Settlement Agreement

find out more

Property Damage Settlement Agreement

find out more

Payment Plan Settlement Agreement

find out more

Interim Settlement Agreement

find out more

Debt Resolution Agreement

find out more

Compromise Settlement Agreement

find out more

Settlement Agreement And Release Of All Claims

find out more

Settlement Agreement Waiver Of Claims

find out more

Separation Settlement Agreement

find out more

Maintenance Settlement Agreement

find out more

Divorce Agreement Contract

find out more

General Release And Settlement Agreement

find out more

ReduNDAncy Settlement Agreement

find out more

Financial Agreement Divorce

find out more

Car Accident Settlement Agreement

find out more

Simple Settlement Agreement And Release

find out more

Separation And Property Settlement Agreement

find out more

Legal Settlement Agreement

find out more

Dispute Settlement Agreement

find out more

Global Settlement Agreement

find out more

Pre Divorce Agreement

find out more

Non Disclosure Settlement Agreement

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.