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End Of Fixed Term Contract for Singapore

End Of Fixed Term Contract Template for Singapore

This document formalizes the conclusion of a fixed-term employment contract in Singapore, adhering to the Employment Act and MOM guidelines. It outlines the terms of separation, including final payment calculations, CPF settlements, company property return, and ongoing obligations. The document ensures compliance with Singapore employment law while protecting both employer and employee interests during the contract conclusion process.

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End Of Fixed Term Contract

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What is a End Of Fixed Term Contract?

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.

What sections should be included in a End Of Fixed Term Contract?

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

What sections are optional to include in a End Of Fixed Term Contract?

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

What schedules should be included in a End Of Fixed Term Contract?

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

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

Jurisdiction

Singapore

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions






















Clauses






















Industries

Employment Act (Chapter 91): Primary legislation governing employment in Singapore, including 2019 amendments covering core provisions for all employees, notice period requirements, and salary/leave settlement provisions for contract termination

Employment Claims Act 2016: Legislation covering dispute resolution mechanisms and claims procedures for employment-related disputes in Singapore

Central Provident Fund Act: Legislation governing mandatory social security savings system, particularly relevant for final CPF contributions and settlement of employer CPF obligations during contract termination

Ministry of Manpower (MOM) Guidelines: Official guidelines covering fixed-term contract regulations, contract termination procedures, and employment record keeping requirements

Industrial Relations Act: Legislation governing relations between employers and trade unions, relevant if the employee is covered by a union

Tripartite Guidelines on Fair Employment Practices: Guidelines ensuring fair termination practices and non-discriminatory procedures in employment matters

Protection from Harassment Act: Legislation ensuring termination process respects employee dignity and privacy

Personal Data Protection Act 2012: Legislation governing the handling and protection of employee's personal information during contract closure

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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