Download Employee Exit Non Disclosure Agreement - Singapore

Employee Exit Non Disclosure Agreement for Singapore

Employee Exit Non Disclosure Agreement Template for Singapore

A legally binding document governed by Singapore law that protects an organization's confidential information after an employee's departure. The agreement outlines specific obligations regarding non-disclosure of trade secrets, intellectual property, and other sensitive information, while ensuring compliance with Singapore's Personal Data Protection Act and Employment Act. It establishes clear parameters for the handling of confidential information post-employment and provides remedies in case of breach.

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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

Cost

Free to use

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