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General Release Of Claims Template for Singapore

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Key Requirements PROMPT example:

General Release Of Claims

"I need a General Release of Claims between my company (TechGlobe Pte Ltd) and a former employee to settle all employment-related disputes, including intellectual property matters, with a settlement payment of $50,000 to be paid by March 15, 2025."

What is a General Release Of Claims?

A General Release of Claims is a crucial legal instrument in Singapore used to formally conclude disputes or potential claims between parties. It's commonly employed in various scenarios including employment terminations, commercial dispute settlements, or accident claims resolution. The document, governed by Singapore law, provides comprehensive protection for the released party by preventing future litigation over the specified claims. This type of release is particularly valuable when parties seek a clean break and want to eliminate future liability risks. The document must comply with Singapore's Civil Law Act and related legislation, and typically includes detailed provisions about the scope of claims being released, consideration provided, and any conditions attached to the release.

What sections should be included in a General Release Of Claims?

1. Identification of Parties: Full details of releasing and released parties

2. Background: Context of the dispute or circumstances leading to the release

3. Definitions: Key terms used in the release

4. Release Provisions: Specific claims being released and scope of release

5. Consideration: Value exchanged for the release

6. Representations and Warranties: Statements of fact by the releasing party

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

What sections are optional to include in a General Release Of Claims?

1. Non-Admission of Liability: Statement that release does not constitute admission of liability by the released party

2. Confidentiality: Obligations to keep terms of release confidential

3. Non-Disparagement: Agreement not to make negative statements about other party

4. Return of Property: Requirements for returning any property or documents

What schedules should be included in a General Release Of Claims?

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

2. Schedule of Released Parties: Complete list of all parties being released, including related entities

3. Payment Schedule: Details of any settlement payments, if applicable

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

Relevant legal definitions


























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Industries

Civil Law Act (Cap. 43): Primary legislation governing contract law in Singapore, providing the fundamental framework for contract formation, enforcement, and remedies

Unfair Contract Terms Act (Cap. 396): Regulates unfair terms in contracts and limits the extent to which civil liability can be excluded or restricted by contractual terms

Limitation Act (Cap. 163): Sets statutory time limits for bringing different types of legal claims, affecting the scope and validity of releases

Employment Act (Cap. 91): If release involves employment matters, governs employment relationships and mandatory benefits that cannot be waived

Work Injury Compensation Act: Relevant for releases involving workplace injuries, establishing non-waivable rights for work-related injuries compensation

Central Provident Fund Act: Mandates retirement and savings schemes; certain rights under this Act cannot be released or waived

Personal Data Protection Act 2012: Governs the collection, use, and disclosure of personal data, relevant if release involves data protection obligations

Evidence Act (Cap. 97): Establishes requirements for documentation and evidence that may affect how the release should be drafted and executed

Common Law Contract Principles: Including consideration requirements, capacity to contract, clarity of terms, and unconscionability doctrine from case law

Industry-Specific Regulations: Depending on context, specific regulatory requirements that may affect the scope and validity of the release

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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