All Countries
Employment
Mutual Termination Of Employment Letter

Mutual Termination Of Employment Letter Template for Singapore

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Mutual Termination Of Employment Letter

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Mutual Termination Of Employment Letter

"Need a Mutual Termination of Employment Letter for a senior software engineer leaving amicably to join a competitor, with a termination date of March 15, 2025, including non-compete clauses and provisions for pro-rated annual bonus payment."

Celebrated by
Collaborations with
Investors
Document background
The Mutual Termination Of Employment Letter is used when both employer and employee in Singapore agree to end their employment relationship amicably. It provides a formal record of the agreement and includes essential details such as the termination date, final payment terms, and mutual releases. This document must comply with Singapore's Employment Act and MOM guidelines, ensuring all statutory obligations are met. It's particularly useful during restructuring, career transitions, or when both parties agree that ending the employment relationship is in their best interests.
Suggested Sections

1. Date and Parties: Full names and details of employer and employee

2. Reference to Original Employment Contract: Details of original employment agreement being terminated

3. Mutual Agreement Statement: Clear statement that termination is by mutual consent

4. Last Working Day: Specific date of employment termination

5. Final Payment Terms: Details of final salary, leave encashment, and other payments

6. Company Property Return: List of items to be returned and deadline

7. Full and Final Settlement: Statement confirming settlement of all claims

Optional Sections

1. Pro-rated Bonus: Details of any pro-rated bonus payments if applicable during the relevant period

2. Non-compete Clauses: Reminder of existing post-employment restrictions from original contract

3. Medical Benefits Extension: Details of any continued medical coverage post-termination

4. Reference Letter: Confirmation of providing reference letter when agreed as part of termination package

Suggested Schedules

1. Final Payment Calculation: Detailed breakdown of all final payments including salary, leave encashment, and other benefits

2. Company Property Checklist: Comprehensive list of company assets to be returned by the employee

3. Benefits Summary: Summary of any continuing benefits post-termination and their duration

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Industries

Employment Act (Chapter 91): Primary legislation governing employment relationships in Singapore, covering termination procedures, notice periods, and final payment obligations for salary and leave

Central Provident Fund Act (Chapter 36): Legislation governing mandatory social security savings system, relevant for final CPF contribution settlements and employer obligations during termination

MOM Guidelines: Ministry of Manpower guidelines covering fair employment practices, managing excess manpower, and wrongful dismissal procedures

Income Tax Act: Tax legislation relevant for final tax clearance, especially Form IR21 requirements for foreign employees

Employment Claims Act 2016: Framework for employment dispute resolution and claims handling through the Employment Claims Tribunal

Last Day of Employment: Specification of the final working day and any handover requirements

Final Payment Terms: Details of final salary, pro-rated bonus, leave encashment, and other monetary settlements

Company Property: Requirements for return of company assets, equipment, and documents

Confidentiality Obligations: Ongoing obligations regarding company confidential information post-employment

Settlement Terms: Full and final settlement provisions including mutual release of claims

Post-Employment Restrictions: Non-compete and non-solicitation provisions if applicable to the termination

Benefits Cessation: Clear specification of when medical and other employment benefits will cease

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

Find the exact document you need

Mutual Termination Of Employment Letter

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.