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Deed Of Waiver And Release

Deed Of Waiver And Release Template for Singapore

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Key Requirements PROMPT example:

Deed Of Waiver And Release

"I need a Deed of Waiver and Release to document my company's settlement with a former employee who is releasing all claims against us in exchange for a severance package, with the deed to be effective from March 1, 2025."

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Document background
A Deed of Waiver and Release is commonly used in Singapore when parties wish to create a legally binding arrangement to surrender rights or claims. This document is particularly important when finalizing settlements, resolving disputes, or concluding business relationships. Under Singapore law, its execution as a deed provides additional legal certainty and enforceability compared to simple contracts. The deed must clearly identify the rights being waived, the claims being released, and include appropriate execution formalities to be valid.
Suggested Sections

1. Parties: Identifies all parties to the deed, including full legal names and addresses

2. Background: Explains the context and circumstances leading to the waiver and release

3. Definitions: Defines key terms used throughout the deed

4. Waiver Provisions: Details the specific rights, claims, or obligations being waived

5. Release Provisions: Specifies the release of claims, liabilities, or obligations

6. Execution: Formal execution block including signature, sealing, and witnessing requirements

Optional Sections

1. Consideration: Details any consideration provided for the waiver/release - include when consideration is being provided

2. Representations and Warranties: Statements about the parties' authority and capacity - include when additional assurance is required

3. Governing Law: Specifies jurisdiction and applicable law - include when parties are in different jurisdictions

Suggested Schedules

1. Schedule of Waived Rights: Detailed list of specific rights being waived

2. Schedule of Released Claims: Comprehensive list of claims being released

3. Schedule of Related Agreements: List of agreements affected by the waiver and release

Authors

Alex Denne

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

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alex.den.21@genieai.co
Industries

Civil Law Act (Cap. 43): Primary legislation governing contract law in Singapore, covering requirements for valid contracts, provisions regarding consideration, and rules for discharge of obligations

Contract Law of Singapore: Fundamental principles governing formation of contracts, validity of waivers, and requirements for a valid release under Singapore jurisdiction

Conveyancing and Law of Property Act (Cap. 61): Legislation governing requirements for deeds, execution formalities, and legal effect of deeds in Singapore

Limitation Act (Cap. 163): Statute governing time limits for bringing claims and the effect of waivers on limitation periods

Companies Act (Cap. 50): Corporate legislation relevant when any party is a company, covering corporate capacity to execute deeds and requirements for execution of deeds by companies

Common Law Principles: Uncodified legal principles including doctrine of consideration, rules regarding waiver of rights, and principles of release of claims

Deed Execution Requirements: Specific formal requirements for valid deed execution including writing, signing, sealing, delivery, and witnessing requirements under Singapore law

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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