The Simple Separation Agreement is commonly used in Singapore when employment relationships are terminated by mutual consent or as part of a structured departure process. This document complies with Singapore's Employment Act and related legislation, providing a comprehensive framework for managing employment termination. It typically includes provisions for final payment calculations, CPF contributions, confidentiality obligations, and the return of company property. The agreement serves to protect both parties' interests and minimize potential disputes by clearly documenting all separation terms and conditions.
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Key Requirements PROMPT example:
Simple Separation Agreement
"I need a Simple Separation Agreement for a senior software engineer who is leaving our Singapore-based tech company by mutual agreement on March 15, 2025, with standard non-compete provisions and continuation of medical benefits for 3 months."
1. Parties: Identification of employer and employee with full legal names and addresses
2. Background: Brief history of employment relationship and reason for separation
3. Definitions: Key terms used throughout the agreement
4. Separation Date: Clear statement of employment termination date
5. Final Payment Terms: Details of final salary, notice pay, and other entitlements
6. Return of Company Property: Requirements for returning company assets and documents
7. Confidentiality Obligations: Ongoing duties regarding confidential information
1. Non-Compete Clause: Restrictions on future employment - for senior employees or those with access to sensitive information
2. Reference Provision: Terms regarding future employment references - when agreed as part of separation terms
3. Outplacement Support: Details of career transition assistance - when company provides additional support services
4. Medical Benefits Extension: Continuation of health benefits - when extended medical coverage is offered
1. Schedule 1: Final Payment Calculation: Detailed breakdown of all final payments
2. Schedule 2: Company Property List: Inventory of items to be returned
3. Schedule 3: Benefit Summary: Details of any continuing benefits or entitlements
4. Appendix A: Release Form: Standard release of claims document
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