Document background
The Termination Full and Final Release is essential in Singapore employment relationships where parties wish to achieve a clean break and prevent future disputes. It is typically used in both voluntary resignations and involuntary terminations where parties agree to settle all matters conclusively. The document must comply with Singapore's Employment Act, Central Provident Fund Act, and other relevant legislation. It should detail all final payments, address ongoing obligations, and include comprehensive releases of claims. This agreement is particularly important in Singapore's business environment where employment relationships are heavily regulated and documentation requirements are strict.
