Agreement And Release

Agreement And Release Template for Singapore

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Key Requirements PROMPT example:

"I need an Agreement And Release to settle an employment dispute with a former employee who left our Singapore office in January 2025, including confidentiality provisions and a settlement payment of SGD 50,000."

What is a Agreement And Release?

An Agreement And Release is commonly used in Singapore when parties wish to resolve disputes or terminate relationships while ensuring legal certainty. This document serves dual purposes: it establishes new obligations between parties while simultaneously releasing certain past claims or rights. It's particularly valuable in employment terminations, commercial dispute settlements, and insurance claim resolutions. Under Singapore law, such agreements must be properly executed and supported by valid consideration to be enforceable.

What sections should be included in a Agreement And Release?

1. Parties: Identifies and defines the parties to the agreement

2. Background: Sets out the context and circumstances leading to the agreement

3. Definitions: Defines key terms used throughout the agreement

4. Release Provisions: Details the specific claims or rights being released

5. Consideration: Specifies what is being given in exchange for the release

6. Governing Law: Specifies Singapore law as governing law

7. Execution: Signature blocks and execution formalities

What sections are optional to include in a Agreement And Release?

1. Confidentiality: Used when parties need to keep the terms of the agreement and release confidential

2. Non-Disparagement: Prevents parties from making negative statements about each other, typically used in employment-related releases

3. Future Cooperation: Sets out obligations for parties to assist in future matters if needed

4. Return of Property: Specifies requirements for returning any physical or intellectual property

What schedules should be included in a Agreement And Release?

1. Schedule of Released Claims: Detailed list of specific claims being released

2. Schedule of Consideration: Details of payment or other consideration being provided

3. Schedule of Returned Items: List of items to be returned between parties, if applicable

4. Form of Announcement: Agreed form of any public statements regarding the agreement

Authors

Alex Denne

Head of Growth (Open Source Law) @ ��Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

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Relevant Industries

Employment
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Relevant Teams

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Relevant Roles

HR Director
Legal Counsel
Risk Manager
Compliance Officer
Claims Manager

Find the exact document you need

Termination Full And Final Release

A Singapore law-governed agreement that finalizes employment termination and provides mutual releases between employer and employee.

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What is a Agreement And Release?

What sections should be included in a Agreement And Release?

What sections are optional to include in a Agreement And Release?

What schedules should be included in a Agreement And Release?

Authors

Alex Denne

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