The Termination Of Employment Contract is a crucial document used in Singapore when formally ending an employment relationship. It ensures compliance with Singapore's Employment Act, Industrial Relations Act, and other relevant legislation. This document is essential for protecting both employer and employee interests, clearly stating termination terms, final payments, benefits settlements, and ongoing obligations. It's particularly important in Singapore's highly regulated employment environment, where proper documentation of employment termination is required for legal compliance and risk management.
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1. Parties: Identification of employer and employee including full legal names, registration numbers and addresses
2. Background: Brief context of employment relationship and reason for termination
3. Definitions: Key terms used in the termination agreement including 'Termination Date', 'Final Payment', 'Company Property'
4. Effective Date of Termination: Specific date when employment relationship ends and notice period details
5. Final Payment Terms: Details of salary, notice pay, prorated bonuses, leave encashment and other monetary settlements
6. Company Property: Requirements and timeline for return of company assets, documents, and access credentials
7. Confidentiality Obligations: Ongoing duties regarding confidential information and trade secrets post-termination
1. Garden Leave: Terms and conditions of garden leave period including duration and obligations
2. Post-Employment Restrictions: Non-compete, non-solicitation, and other restrictive covenants
3. References: Agreement regarding the provision and content of employment references
4. Outplacement Support: Details of career transition assistance and support services provided
5. Foreign Worker Provisions: Special provisions for work pass cancellation and repatriation if employee is a foreign worker
1. Schedule 1 - Final Payment Calculation: Detailed breakdown of all final payments including salary, benefits, and deductions
2. Schedule 2 - Company Property Checklist: Comprehensive list of company property to be returned with acknowledgment form
3. Schedule 3 - Benefits Settlement Statement: Statement of outstanding benefits, insurance coverage, and their treatment post-termination
4. Schedule 4 - Confidential Information: Specific listing of confidential information and trade secrets covered by ongoing obligations
Relevant legal definitions
Accrued Benefits
Agreement
Company
Company Property
Confidential Information
Effective Date of Termination
Employee
Employment Contract
Final Payment
Garden Leave
Notice Period
Original Employment Date
Outstanding Obligations
Parties
Restricted Period
Termination Date
Termination Payments
Trade Secrets
Intellectual Property Rights
Restrictive Covenants
Severance Payment
CPF Contributions
Annual Leave
Handover Materials
Post-Employment Restrictions
Settlement Sum
Witness
Working Day
Agreement
Company
Company Property
Confidential Information
Effective Date of Termination
Employee
Employment Contract
Final Payment
Garden Leave
Notice Period
Original Employment Date
Outstanding Obligations
Parties
Restricted Period
Termination Date
Termination Payments
Trade Secrets
Intellectual Property Rights
Restrictive Covenants
Severance Payment
CPF Contributions
Annual Leave
Handover Materials
Post-Employment Restrictions
Settlement Sum
Witness
Working Day
Clauses
Termination Date and Notice
Final Payments and Benefits
Return of Company Property
Confidentiality
Non-Competition
Non-Solicitation
Intellectual Property Rights
Post-Employment Obligations
Release and Waiver
Full and Final Settlement
References
Continuing Obligations
Garden Leave
Handover of Duties
Tax Matters
CPF Contributions
Data Protection
Company Information Protection
Third Party Rights
Severability
Governing Law
Dispute Resolution
Outplacement Support
Legal Fees
Entire Agreement
Amendments
Counterparts
Notices
Final Payments and Benefits
Return of Company Property
Confidentiality
Non-Competition
Non-Solicitation
Intellectual Property Rights
Post-Employment Obligations
Release and Waiver
Full and Final Settlement
References
Continuing Obligations
Garden Leave
Handover of Duties
Tax Matters
CPF Contributions
Data Protection
Company Information Protection
Third Party Rights
Severability
Governing Law
Dispute Resolution
Outplacement Support
Legal Fees
Entire Agreement
Amendments
Counterparts
Notices
Relevant Industries
Relevant Teams
Relevant Roles
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