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Employee Exit Non Disclosure Agreement

Employee Exit Non Disclosure Agreement Template for Singapore

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Key Requirements PROMPT example:

Employee Exit Non Disclosure Agreement

"I need an Employee Exit Non Disclosure Agreement for a senior software developer leaving our Singapore-based fintech company, with specific provisions for protecting our proprietary trading algorithms and client data, to be effective from March 2025."

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What is a Employee Exit Non Disclosure Agreement?

The Employee Exit Non Disclosure Agreement is a crucial document used when employees leave an organization in Singapore. It serves to protect the company's confidential information, trade secrets, and intellectual property after the employment relationship ends. This agreement is particularly important in Singapore's knowledge-based economy, where intellectual property and confidential information are key business assets. The document ensures compliance with Singapore's legal framework, including the Personal Data Protection Act and Employment Act, while providing clear guidelines for information handling and establishing consequences for breach.

What sections should be included in a Employee Exit Non Disclosure Agreement?

1. Parties: Identification of the employer and departing employee

2. Background: Context of employment relationship and reason for exit

3. Definitions: Key terms used throughout the agreement including Confidential Information, Intellectual Property, and Company Property

4. Confidentiality Obligations: Core confidentiality requirements and restrictions on use and disclosure of confidential information

5. Return of Company Property: Requirements for returning company assets, documents, and information

6. Duration of Obligations: Timeframe for confidentiality obligations and survival of terms

7. Governing Law: Specification of Singapore law as governing law and jurisdiction

What sections are optional to include in a Employee Exit Non Disclosure Agreement?

1. Non-Competition: Restrictions on competing activities, typically used for senior employees or those with access to sensitive business information

2. Non-Solicitation: Restrictions on approaching company clients or employees, relevant for client-facing roles or management positions

3. Intellectual Property Rights: Additional IP-related obligations, particularly relevant for technical or creative roles

4. Survival of Other Agreements: Reference to existing agreements that remain in force after employment termination

What schedules should be included in a Employee Exit Non Disclosure Agreement?

1. Schedule of Confidential Information: Detailed list of specific confidential information covered by the agreement

2. Schedule of Company Property: Comprehensive list of company property to be returned by the departing employee

3. Schedule of Existing Agreements: List of other agreements between the parties that remain in force

4. Data Protection Schedule: Specific obligations regarding personal data handling under Singapore's PDPA

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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Industries

Employment Act (Chapter 91): Primary legislation governing employment relationships in Singapore, including basic employment terms, working conditions, and termination procedures. Essential for ensuring exit procedures comply with statutory requirements.

Personal Data Protection Act (PDPA): Singapore's main data protection legislation that regulates the collection, use, and disclosure of personal data. Critical for determining how confidential information should be handled post-employment.

Evidence Act (Chapter 97): Legislation governing the admissibility of evidence in Singapore courts. Relevant for ensuring the NDA meets evidentiary requirements and is enforceable in legal proceedings.

Contract Law (Common Law): Common law principles governing contract formation and enforcement in Singapore, including requirements for consideration, reasonableness of terms, and general enforceability principles.

Competition Act (Chapter 50B): Legislation ensuring fair competition in Singapore markets. Relevant for ensuring non-disclosure and non-compete provisions don't violate competition laws.

Trade Secrets Protection: While Singapore has no specific trade secrets law, protection is achieved through confidentiality obligations under contract law and equity principles.

Restraint of Trade Doctrine: Common law doctrine requiring that restrictions in employment contracts must be reasonable, protect legitimate business interests, and have appropriate geographic and temporal limitations.

Enforcement Framework: Legal framework for enforcing NDAs in Singapore courts, including available remedies for breach and possibilities for injunctive relief.

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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