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Mutual Agreement Termination Of Employment Letter
"I need a Mutual Agreement Termination Of Employment Letter for a senior software engineer who has agreed to leave the company on March 15, 2025, with continuation of health benefits for 3 months and agreement to provide consulting services for knowledge transfer until April 2025."
1. Date and Parties: Employee and employer details including full names, NRIC/FIN numbers, addresses, and employee's position
2. Mutual Agreement Statement: Clear statement confirming both parties have mutually agreed to terminate the employment relationship
3. Last Day of Employment: Specific termination date, final working day, and handover arrangements
4. Final Payment Terms: Details of final salary, pro-rated bonuses, leave encashment, and payment timeline in accordance with Employment Act
5. Company Property Return: Requirements and timeline for returning company property, documents, and data
6. Confidentiality: Ongoing obligations regarding confidential information and company secrets
7. Full and Final Settlement: Confirmation that payment constitutes full and final settlement of all claims
1. Reference Letter: Terms regarding the provision of employment reference letter and agreed content
2. Non-Compete Obligations: Reminder and restatement of any existing non-compete or non-solicitation obligations
3. Benefits Continuation: Details of any benefits extending beyond termination date, including insurance coverage
4. CPF Contributions: Specific mentions of final CPF contribution arrangements if required
5. Tax Documentation: Arrangements for providing IR8A and other tax-related documents
1. Final Payment Calculation Schedule: Detailed breakdown of final payment including salary, leave encashment, and other entitlements
2. Company Property Checklist: Itemized list of company property to be returned including IT equipment, access cards, and documents
3. Benefits Summary: Summary of benefit termination dates and final claims procedures
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