Termination Of Self Employed Contract Template for Singapore

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Key Requirements PROMPT example:

Termination Of Self Employed Contract

"I need a Termination Of Self Employed Contract to end a software development contractor's engagement due to project completion, with a termination date of March 15, 2025, including specific provisions for code handover and ongoing maintenance of developed systems."

Document background
The Termination Of Self Employed Contract is essential when ending independent contractor relationships in Singapore. It provides legal certainty and protection for both parties by clearly defining the termination terms, final obligations, and post-termination responsibilities. This document is particularly important in Singapore's business environment, where self-employed arrangements are common across various industries. The contract ensures compliance with Singapore's regulatory requirements while addressing practical aspects such as final payments, confidentiality obligations, and the return of company property. It's designed to prevent future disputes and provide a clear framework for separation.
Suggested Sections

1. Parties: Identification of contracting parties, including full legal names and addresses

2. Background: Brief context of the original engagement and reason for termination

3. Definitions: Key terms used tHRoughout the termination agreement

4. Termination Date: Clear statement of when the contract will terminate

5. Final Payment Terms: Details of any outstanding payments, including timeline and method

6. Return of Property: Requirements for returning company property, equipment, or documents

7. Continuing Obligations: Obligations that survive termination (e.g., confidentiality)

Optional Sections

1. Non-Compete Provisions: Restrictions on future business activities, used when the self-employed person had access to sensitive information or clients

2. Mutual Release: Release of claims between parties, used when seeking clean break with no future claims

3. Transition Assistance: Terms for handover of work or clients, used when continuity of service is important

4. References: Agreement on future references, used when parties want to specify terms of future references

Suggested Schedules

1. Schedule of Outstanding Payments: Detailed breakdown of final payments, including any adjustments or deductions

2. Equipment Return List: Inventory of company property to be returned

3. Client Handover Schedule: List of clients and projects requiring handover, if applicable

4. Confidential Information Schedule: Specific listing of confidential information covered by continuing obligations

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

Industries

Employment Act: While primarily covering employees, needs consideration to clearly distinguish and establish self-employed status to prevent misclassification issues in the termination contract

Central Provident Fund Act: Governs different CPF obligations and requirements specific to self-employed persons that need to be addressed in termination

Income Tax Act: Covers tax implications for self-employed persons, including final payment considerations and tax clearance requirements

Contract Law: Based on Common Law principles, covering requirements for valid termination, notice periods, and breach of contract provisions

Competition Act: Addresses post-termination restrictions and non-compete clauses that may be included in the termination agreement

Personal Data Protection Act: Regulates the handling of personal data post-termination, including data deletion and retention requirements

Copyright Act: Covers intellectual property rights and work product ownership considerations in the termination agreement

Tripartite Guidelines on Fair Employment Practices: While not law, these guidelines provide important framework for fair termination practices in Singapore

Third Party Taxi Booking Service Providers Act: Specific legislation relevant if the self-employed contract involves driving or delivery services

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

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