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Chief Executive Officer Employment Agreement

Chief Executive Officer Employment Agreement Template for Switzerland

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Key Requirements PROMPT example:

Chief Executive Officer Employment Agreement

"I need a Chief Executive Officer Employment Agreement for a Swiss-listed technology company, with strong emphasis on equity compensation and international travel requirements, including specific provisions for a CEO who will be relocating from the United States in March 2025."

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Document background
The Chief Executive Officer Employment Agreement is a crucial document used when appointing a CEO in Switzerland, whether for a new appointment or renewal of terms. It must comply with Swiss employment law, particularly the Swiss Code of Obligations and corporate governance requirements. The agreement comprehensively covers executive compensation, benefits, responsibilities, and protection of company interests through confidentiality and non-compete provisions. For listed companies, it must also align with the Ordinance against Excessive Compensation (VegüV) and relevant financial market regulations. The document serves as the primary reference point for the employment relationship between the company and its highest-ranking executive officer, ensuring clear terms and protecting both parties' interests while maintaining compliance with Swiss legal requirements.
Suggested Sections

1. Parties: Identification of the employer company and the executive

2. Background: Context of the appointment and any relevant corporate approvals

3. Definitions: Key terms used throughout the agreement

4. Appointment and Term: Position, appointment date, and duration of employment

5. Duties and Responsibilities: Scope of CEO role, reporting relationships, and key responsibilities

6. Time Commitment: Working hours expectations and exclusivity requirements

7. Place of Work: Primary work location and travel requirements

8. Remuneration: Base salary, review mechanisms, and payment terms

9. Variable Compensation: Bonus schemes, performance criteria, and payment conditions

10. Equity Participation: Share options, restricted shares, or other equity-based compensation

11. Benefits and Expenses: Insurance, pension, car allowance, and expense reimbursement

12. Vacation and Holidays: Annual leave entitlement and public holidays

13. Illness and Accident: Sick leave, salary continuation, and insurance coverage

14. Confidentiality: Protection of company confidential information

15. Intellectual Property: Ownership and assignment of IP created during employment

16. Non-Competition and Non-Solicitation: Post-employment restrictions and their scope

17. Termination: Notice periods, grounds for termination, and consequences

18. Return of Company Property: Obligations upon termination

19. Data Protection: Handling of personal data and privacy compliance

20. Governing Law and Jurisdiction: Swiss law application and dispute resolution

Optional Sections

1. Corporate Governance: For listed companies, additional governance requirements and compliance with VegüV

2. External Appointments: Terms for accepting board positions or other external roles

3. Relocation Assistance: If CEO is relocating from another country/location

4. Garden Leave: Provisions for placing CEO on garden leave during notice period

5. Change of Control: Special provisions in case of company sale or merger

6. Insurance Coverage: D&O insurance and other specific coverage requirements

7. Representation Authority: Specific signing authority and power of attorney provisions

8. Compliance with Industry Regulations: For regulated industries like banking or healthcare

9. International Travel: For roles requiring significant international presence

10. Language: When agreement needs to be bilingual or specify governing language

Suggested Schedules

1. Schedule 1 - Position Description: Detailed outline of CEO duties and responsibilities

2. Schedule 2 - Compensation Structure: Detailed breakdown of all compensation elements

3. Schedule 3 - Bonus Scheme: Details of variable compensation calculations and targets

4. Schedule 4 - Benefits Package: Comprehensive list of benefits and allowances

5. Schedule 5 - Share Option Plan: Terms of equity participation program

6. Schedule 6 - Company Policies: Key policies applicable to the CEO position

7. Schedule 7 - Restricted Territory: Geographic scope of non-compete restrictions

8. Appendix A - Board Resolution: Copy of board approval for CEO appointment

9. Appendix B - Power of Attorney: Formal delegation of authority document

10. Appendix C - Data Privacy Notice: Detailed information about personal data processing

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 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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Relevant Industries

Banking and Financial Services

Insurance

Manufacturing

Technology

Healthcare

Retail

Telecommunications

Energy

Real Estate

Professional Services

Consumer Goods

Industrial

Media and Entertainment

Transportation and Logistics

Pharmaceuticals

Construction

Agriculture

Education

Hospitality

Non-Profit Organizations

Relevant Teams

Legal

Human Resources

Board of Directors

Executive Committee

Corporate Governance

Compensation Committee

Nomination Committee

Corporate Secretariat

Compliance

Risk Management

Relevant Roles

Chief Executive Officer

Managing Director

Executive Director

President

General Manager

Country Manager

Chief Operating Officer

Group CEO

Divisional CEO

Regional CEO

Acting CEO

Interim CEO

Industries










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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