The Neutral Reference Settlement Agreement is primarily used in Singapore when employment relationships conclude and parties wish to establish clear parameters for future employment references. This document is particularly relevant in situations involving sensitive departures, senior executives, or when parties want to ensure consistency in future references. It combines elements of employment law, data protection requirements, and contract law under Singapore's legal framework. The agreement typically includes specific provisions about reference content, confidentiality obligations, and mutual protections, while ensuring compliance with Singapore's Employment Act and Personal Data Protection Act.
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1. Parties: Identifies all parties to the agreement with full legal names and addresses
2. Background: Describes the context and circumstances leading to the settlement agreement
3. Definitions: Defines key terms used tHRoughout the agreement
4. Settlement Terms: Core terms of the settlement including reference provisions
5. Confidentiality: Terms regarding confidentiality of the agreement and its contents
6. Release of Claims: Mutual release of claims between parties
1. Non-Disparagement: Additional provisions to prevent parties from making negative statements about each other. Include when reputation protection is a key concern.
2. Return of Property: Provisions for returning company property and assets. Include when physical or digital assets need to be returned.
3. Continuing Obligations: Specifies any ongoing duties of parties that survive the settlement. Include when certain obligations need to continue post-settlement.
1. Schedule 1: Agreed Reference Template: Standard format and content of future employment references
2. Schedule 2: Settlement Payment Details: Breakdown of any financial settlement terms and payment arrangements
3. Schedule 3: List of Released Claims: Comprehensive list of specific claims being released tHRough the settlement
Relevant legal definitions
Agreement
Agreed Reference
Business Day
Confidential Information
Effective Date
Employment Period
Future Employers
Party/Parties
Personal Data
Reference Request
Released Claims
Settlement Sum
Termination Date
Company
Employee
Reference Template
Representatives
Permitted Recipients
Non-Disparagement Obligations
Singapore Dollars
Agreed Reference
Business Day
Confidential Information
Effective Date
Employment Period
Future Employers
Party/Parties
Personal Data
Reference Request
Released Claims
Settlement Sum
Termination Date
Company
Employee
Reference Template
Representatives
Permitted Recipients
Non-Disparagement Obligations
Singapore Dollars
Clauses
Interpretation
Agreed Reference Terms
Reference Process
Confidentiality
Non-Disparagement
Release of Claims
Settlement Payment
Data Protection
Return of Property
Warranties and Representations
Further Assurance
Severability
Entire Agreement
Variation
Assignment
Notices
Third Party Rights
Governing Law
Jurisdiction
Counterparts
Agreed Reference Terms
Reference Process
Confidentiality
Non-Disparagement
Release of Claims
Settlement Payment
Data Protection
Return of Property
Warranties and Representations
Further Assurance
Severability
Entire Agreement
Variation
Assignment
Notices
Third Party Rights
Governing Law
Jurisdiction
Counterparts
Relevant Industries
Relevant Teams
Relevant Roles
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