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Employee Deed Of Release
"I need an Employee Deed of Release for a senior software engineer in Singapore who is leaving voluntarily on March 15, 2025, with standard non-compete provisions and an agreed reference letter to be attached."
1. Parties: Identification of employer and employee with full legal names and addresses
2. Background: Context of employment relationship and circumstances leading to release
3. Definitions: Key terms used throughout the deed
4. Release and Discharge: Core provisions releasing parties from claims and obligations
5. Settlement Amount: Details of any payment as consideration for the release
6. Confidentiality: Obligations regarding non-disclosure of settlement terms
7. Return of Property: Requirements for returning company property
1. Non-Compete Provisions: Restrictions on future employment activities - used for senior employees or those with access to sensitive information
2. Reference Provision: Terms regarding future employment references - included when agreed as part of settlement negotiations
3. Ongoing Cooperation: Requirements for assistance in handover or future matters - used for complex roles or ongoing litigation
4. Tax Indemnity: Protection against tax liabilities - included for substantial settlement amounts
1. Schedule 1 - Settlement Payment Details: Breakdown of settlement amount and payment terms
2. Schedule 2 - Company Property List: Inventory of items to be returned
3. Schedule 3 - Agreed Form of Reference: Template of employment reference if agreed
4. Appendix A - Outstanding Claims: List of claims being settled by the deed
Authors
Effective Date
Company
Employee
Confidential Information
Claims
Settlement Sum
Company Property
Termination Date
Employment Agreement
Release
Group Companies
Intellectual Property Rights
Trade Secrets
Business Day
Parties
Released Claims
Settlement Payment
Professional Fees
Restrictive Covenants
CPF Contributions
Final Salary
Outstanding Benefits
Relevant Period
Statutory Requirements
Settlement Payment
Confidentiality
Non-Disparagement
Return of Property
Final Payment Terms
Tax Provisions
CPF Obligations
Post-Employment Restrictions
Non-Competition
Non-Solicitation
Reference Provision
Legal Costs
Continuing Obligations
Full and Final Settlement
Acknowledgments
Warranties
Future Cooperation
Governing Law
Entire Agreement
Severability
Third Party Rights
Amendment
No Admission of Liability
Binding Effect
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