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Release Of Claims Form Employment Termination Template for Singapore

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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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What is a Release Of Claims Form Employment Termination?

The Release of Claims Form Employment Termination is a crucial document used in Singapore when concluding an employment relationship. It provides legal certainty by documenting that all obligations between employer and employee have been fulfilled and that the employee waives their right to bring future claims related to their employment. The document must comply with Singapore's Employment Act and other relevant legislation, including provisions for CPF contributions, notice periods, and statutory benefits. It typically includes details of the settlement amount, benefits treatment, and continuing obligations such as confidentiality and non-competition agreements.

What sections should be included in a Release Of Claims Form Employment Termination?

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

What sections are optional to include in a Release Of Claims Form Employment Termination?

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

What schedules should be included in a Release Of Claims Form Employment Termination?

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

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

Relevant legal definitions

























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Industries

Employment Act (Chapter 91): Primary legislation governing employment relationships in Singapore, covering basic terms and conditions, termination provisions, salary payments, and notice period requirements

Employment Claims Act 2016: Framework legislation that establishes the structure for employment dispute reֱ and defines the scope of claims that can be legally released

Retirement and Re-employment Act: Legislation concerning retirement age employees, including specific provisions for retirement benefits and re-employment obligations

Central Provident Fund Act: mandatory legislation governing social security savings system, including requirements for CPF contributions and settlement of outstanding CPF matters upon termination

Personal Data Protection Act 2012: Legislation governing the collection, use, and disclosure of personal data, including obligations regarding employee data protection and privacy

Industrial Relations Act: Legislation governing industrial relations, particularly relevant for unionized employees and collective agreement considerations

Work Injury Compensation Act: Legislation governing workplace injury claims and compensation, relevant for releasing liability for workplace injuries

Prevention of Harassment Act: Legislation addressing workplace harassment issues, relevant for releasing claims related to workplace harassment

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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