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Employment Termination Agreement
"I need an Employment Termination Agreement for a senior software engineer who is leaving our Singapore tech company on March 15, 2025, with a 3-month non-compete clause and provisions for unvested stock options."
1. Parties: Identification of employer and employee with full legal names and addresses
2. Background: Brief history of employment relationship, reference to original employment contract, and reason for termination
3. Definitions: Key terms used tHRoughout the agreement including 'Termination Date', 'Final Payment', etc.
4. Termination: Formal statement of employment termination, including effective date and notice period details
5. Final Payments: Details of all final payments including salary, leave, bonuses, and CPF contributions
6. Company Property: Requirements for return of company property and documents
7. Confidentiality: Ongoing obligations regarding confidential information
8. Release and Waiver: Mutual release of claims between parties
1. Reference Letter: Terms regarding provision of reference letters - include when agreed as part of termination package
2. Post-Employment Restrictions: Non-compete and non-solicitation clauses - include when original contract contains these provisions
3. Outplacement Support: Details of any career transition assistance - include when offering additional support services
4. Medical Benefits Extension: Continuation of medical coverage terms - include when extending medical benefits post-termination
1. Schedule 1: Final Payment Calculation: Detailed breakdown of all final payments and deductions
2. Schedule 2: Company Property List: Itemized list of company property to be returned
3. Appendix A: Original Employment Contract: Copy of referenced employment agreement
4. Appendix B: Benefits Summary: Summary of any continuing benefits or special arrangements
Authors
Company
Confidential Information
Effective Date
Employee
Employment Contract
Final Payment
Notice Period
Parties
Restricted Period
Termination Date
Company Property
CPF Contributions
Outstanding Benefits
Release
Severance Payment
Intellectual Property Rights
Trade Secrets
Accrued Leave
Pro-rated Bonus
Original Employment Agreement
Restrictive Covenants
Claims
Continuing Obligations
Working Day
Final Payment
Payment Schedule
Return of Property
Confidentiality
Non-Disclosure
Non-Competition
Non-Solicitation
Intellectual Property
Release and Waiver
Mutual Release
Outstanding Obligations
Benefits Cessation
Reference Provision
CPF Contributions
Tax Matters
Data Protection
Communication
Legal Compliance
Governing Law
Dispute Resolution
Severability
Entire Agreement
Amendment
Notices
Third Party Rights
Counterparts
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