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Managing Director Contract Of Employment

Managing Director Contract Of Employment Template for Switzerland

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Key Requirements PROMPT example:

Managing Director Contract Of Employment

"I need a Managing Director Contract Of Employment under Swiss law for a newly appointed director of our fintech startup, including provisions for share options and flexible working arrangements, with the appointment starting March 1, 2025."

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Document background
The Managing Director Contract Of Employment is a crucial document used when appointing senior executives to lead Swiss companies. It serves as the primary agreement defining the employment relationship between a company and its Managing Director, incorporating specific requirements under Swiss law, particularly the Swiss Code of Obligations. This contract is essential for companies operating in Switzerland who need to formalize executive appointments, ensuring clear definition of management responsibilities, compensation structures, and compliance with Swiss corporate governance requirements. The document typically includes comprehensive provisions on executive duties, remuneration packages, performance expectations, confidentiality obligations, and post-employment restrictions, while addressing specific Swiss legal requirements such as social security provisions and mandatory benefits.
Suggested Sections

1. Parties: Identification of the employer company and the managing director, including full legal names and addresses

2. Background: Brief context of the appointment and the company's business

3. Definitions: Key terms used throughout the agreement

4. Appointment and Term: Position title, effective date, and duration of appointment (if fixed-term)

5. Duties and Responsibilities: Core executive duties, reporting lines, and scope of authority

6. Place of Work: Primary workplace location and travel requirements

7. Working Time: Expected working hours and acknowledgment of executive position requirements

8. Remuneration: Base salary, payment intervals, and review process

9. Bonus and Incentives: Performance-related compensation structures

10. Benefits and Insurance: Mandatory and additional benefits, including social security and insurance coverage

11. Expenses: Business expense reimbursement policy

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

13. Illness and Incapacity: Sick pay and long-term incapacity provisions

14. Confidentiality: Protection of company confidential information

15. Intellectual Property: Ownership of work products and innovations

16. Data Protection: Processing of personal data and privacy compliance

17. Termination: Notice periods and grounds for termination

18. Post-Termination Obligations: Continuing duties after employment ends

19. Governing Law: Confirmation of Swiss law application and jurisdiction

Optional Sections

1. Board Position: Required if the managing director will also serve as a board member

2. Share Options: Include if equity participation is offered

3. Company Car: Include if a company car or car allowance is provided

4. Relocation Assistance: Include for international appointments requiring relocation

5. Garden Leave: Include if specific garden leave provisions are desired

6. Change of Control: Include provisions for company ownership changes

7. International Travel: Include for roles requiring significant international travel

8. Representative Authority: Include detailed signing and representation rights if needed

9. Training and Development: Include if specific professional development is required

10. Multiple Directorships: Include if managing director holds other board positions

Suggested Schedules

1. Job Description: Detailed outline of responsibilities and performance expectations

2. Bonus Scheme Rules: Detailed terms of variable compensation arrangements

3. Share Option Plan: Terms and conditions of equity participation

4. Company Policies: Key corporate policies applicable to the position

5. Expense Policy: Detailed rules for business expense claims

6. Corporate Authority Matrix: Limits of financial and operational authority

7. Data Protection Policy: Detailed data protection and privacy requirements

8. Company Car Policy: Terms of company car provision if applicable

9. Insurance Coverage Details: Specific terms of insurance benefits provided

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




































Clauses






































Relevant Industries

Financial Services

Manufacturing

Technology

Professional Services

Healthcare

Retail

Real Estate

Construction

Telecommunications

Energy

Transportation

Hospitality

Consumer Goods

Media and Entertainment

Education

Pharmaceuticals

Insurance

Agriculture

Mining

Consulting

Relevant Teams

Human Resources

Legal

Executive Leadership

Board of Directors

Corporate Governance

Compensation Committee

Risk Management

Compliance

Corporate Secretariat

Administrative

Relevant Roles

Managing Director

Chief Executive Officer

General Manager

Executive Director

Country Manager

Division Head

Branch Manager

Regional Director

Chief Operating Officer

Business Unit Head

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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