The End Of Fixed Term Contract document is essential for properly concluding fixed-term employment relationships in Singapore. It's used when a predetermined employment period reaches its natural conclusion, ensuring compliance with Singapore's Employment Act and MOM regulations. The document covers crucial elements including final payment calculations, CPF contributions, confidentiality obligations, and company property return procedures. It serves as a formal record of the employment conclusion while protecting both parties' interests and ensuring all statutory requirements are met.
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1. Date and Parties: Identification of employer and employee with full details
2. Contract End Date: Clear specification of the fixed term contract's end date
3. Final Payment Details: Breakdown of final salary, pro-rated bonuses, and outstanding leave payments
4. Company Property Return: List of company assets to be returned and deadline
5. Confidentiality Obligations: Ongoing confidentiality requirements post-employment
1. Handover Procedures: Detailed procedures for knowledge transfer and transition of responsibilities - use for positions with critical responsibilities or specialized knowledge
2. Post-Employment Restrictions: Non-compete and non-solicitation clauses - use for senior positions or roles with access to sensitive information
3. Reference Provision: Terms for providing employment references - use when agreed as part of separation terms
1. Schedule 1: Final Payment Calculation: Detailed breakdown of all final payments including salary, bonuses, and leave
2. Schedule 2: Company Property List: Itemized list of company property to be returned
3. Appendix A: Handover Checklist: Detailed list of tasks and documents to be handed over
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