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Waiver Of Future Claims
"Need a Waiver of Future Claims for an employee leaving our Singapore tech company on March 15, 2025, including waiver of potential IP claims and employment-related disputes, with consideration of SGD 50,000."
1. Parties: Identification of parties executing the waiver
2. Background: Context and circumstances leading to the waiver
3. Definitions: Key terms used in the document
4. Scope of Waiver: Specific claims being waived and extent of waiver
5. Consideration: Value exchanged for the waiver
6. Acknowledgments: Party's understanding of rights being waived
7. Governing Law: Specification of Singapore law as governing law
1. Severability: Provision ensuring partial invalidity doesn't void entire agreement - recommended for complex waivers with multiple provisions
2. Third Party Rights: Addresses rights of non-parties to enforce waiver - used when waiver affects third party interests
3. Dispute Resolution: Specifies process for resolving disputes - recommended for high-value or complex waivers
1. Schedule of Specific Claims: Detailed list of claims being waived
2. Schedule of Related Agreements: List of agreements affected by the waiver
3. Legal Advice Certificate: Confirmation that independent legal advice was received
Authors
Binding Effect
Consideration
Confidentiality
Entire Agreement
Further Assurance
Governing Law
Indemnification
No Admission of Liability
Non-Revocation
Release and Waiver
Representations and Warranties
Reservation of Rights
Scope of Release
Severability
Third Party Rights
Voluntary Execution
Waiver of Known Claims
Waiver of Unknown Claims
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