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Employee Resignation Agreement

Employee Resignation Agreement Template for Singapore

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Employee Resignation Agreement

"I need an Employee Resignation Agreement for a senior software engineer in Singapore who is resigning to join a competitor, with strong non-compete and IP protection clauses, and a tHRee-month notice period starting from March 2025."

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What is a Employee Resignation Agreement?

The Employee Resignation Agreement is a crucial document used in Singapore when an employee decides to voluntarily terminate their employment relationship. This agreement ensures compliance with Singapore's Employment Act and other relevant legislation while protecting both parties' interests. It should be used whenever an employee resigns to formally document the terms of separation, including notice period, final payments, and post-employment obligations. The agreement typically includes provisions for confidentiality, company property return, and final settlements, while potentially incorporating non-compete and non-solicitation clauses for senior positions.

What sections should be included in a Employee Resignation Agreement?

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

2. Background: Brief context of employment relationship and resignation

3. Definitions: Key terms used tHRoughout the agreement

4. Effective Date of Resignation: Clear statement of last day of employment

5. Final Payment Terms: Details of salary, leave encashment, and other payments due

6. Company Property: Requirements for return of company assets and documents

7. Confidentiality: Ongoing obligations regarding confidential information

What sections are optional to include in a Employee Resignation 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 or management roles

3. Reference Letter: Terms regarding provision of employment references - included when agreed as part of resignation terms

4. Transitional Assistance: Requirements for handover and knowledge transfer - used for complex roles requiring detailed handover

What schedules should be included in a Employee Resignation Agreement?

1. Schedule 1: Final Payment Calculation: Detailed breakdown of all final payments including salary, benefits, and deductions

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

3. Appendix A: Handover Checklist: Detailed list of tasks and responsibilities to be transferred

4. Appendix B: Confidential Information: Specific details of confidential information covered by obligations

Authors

Alex Denne

Head of Growth (Open Source Law) @ ֱ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions
























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Industries

Employment Act (Chapter 91): Primary legislation governing basic employment terms and conditions, including notice period requirements, salary and leave payment obligations, and treatment of unused annual leave

Central Provident Fund Act (Chapter 36): Legislation governing CPF contribution settlements and requirements for final CPF payments during employment termination

Personal Data Protection Act 2012 (PDPA): Regulates the handling of employee's personal data, data retention requirements, and confidentiality obligations post-employment

Employment Claims Act 2016: Covers dispute reֱ mechanisms and handling of salary-related claims during employment termination

Industrial Relations Act (Chapter 136): Addresses considerations for union members and collective agreement implications in resignation scenarios

Notice Period Requirements: Contractual and statutory requirements for resignation notice periods as per Employment Act

Final Payment Calculations: Methodology for calculating final salary, prorated bonuses, and outstanding leave compensation

Company Property Return: Requirements and procedures for returning company assets, equipment, and documents

Confidentiality Obligations: Post-employment confidentiality requirements and handling of sensitive information

Non-compete Provisions: Terms regarding post-employment competition restrictions and non-solicitation clauses if applicable

Benefits Cessation: Timeline and procedures for termination of employment benefits and insurance coverage

Tax Clearance: Requirements for tax clearance, particularly relevant for foreign employees

Claims Settlement: Procedures for settling any outstanding claims or disputes between employer and employee

Mutual Release Provisions: Terms for mutual release of claims and liabilities between parties

Post-Employment Obligations: Ongoing obligations and responsibilities of both parties after employment termination

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

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