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Release Of Claims Form Employment Termination
"Need a Release of Claims Form Employment Termination for a senior software engineer leaving our Singapore tech startup on March 15, 2025, including specific clauses about intellectual property rights and a non-compete provision for the APAC region."
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1. Employee Information: Full name, position, employment period, and termination date
2. Settlement Amount: Specific amount being paid as settlement and payment terms
3. Claims Being Released: Detailed list of claims being waived by the employee
4. General Release: Comprehensive release of all claims against the employer
5. Acknowledgment of Payment: Employee's acknowledgment of receiving all dues and benefits
6. Return of Company Property: Confirmation of return of all company assets and property
7. Confidentiality: Obligations to maintain confidentiality of the agreement and company information
8. Governing Law: Specification of Singapore law as governing law
9. Execution: Signature blocks and execution details
1. Non-Compete Acknowledgment: Confirmation of existing non-compete obligations when applicable
2. Future References: Terms regarding employment references and communications about departure
3. Benefits Continuation: Details of any benefits that continue post-termination
4. Legal Consultation: Acknowledgment that employee had opportunity to seek legal advice
5. Non-Disparagement: Mutual agreement not to make disparaging statements
6. Cooperation: Terms regarding future cooperation in legal matters or transitions
1. Schedule A - Payment Details: Detailed breakdown of settlement amounts and payment timeline
2. Schedule B - Company Property Checklist: Itemized list of company assets to be returned
3. Schedule C - Benefits Summary: Summary of benefits and their treatment post-termination
4. Schedule D - Outstanding Claims: List of any pending claims or matters being settled
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