General Manager Contract

General Manager Contract Template for Denmark

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Document background

The General Manager Contract is essential for companies operating in Denmark when appointing senior executives to manage their operations. This document serves as the primary employment agreement for individuals taking on general management responsibilities, ensuring compliance with Danish employment law while protecting both parties' interests. It is particularly important as it must balance the requirements of the Danish Salaried Employees Act with the specific needs of executive-level employment relationships. The contract typically includes comprehensive terms covering remuneration, benefits, duties, and post-employment restrictions, all structured to comply with Danish legal requirements. It's designed to be used when appointing new general managers or updating terms for existing managers, and can be customized based on industry-specific requirements while maintaining its core legal compliance.

Suggested Sections

1. Parties: Identification of the employing company and the general manager, including their full legal names and addresses

2. Background: Brief context of the appointment and any relevant corporate background

3. Definitions: Key terms used throughout the agreement

4. Appointment and Duties: Position title, role description, responsibilities, and reporting relationships

5. Term and Notice: Duration of employment (if fixed-term) and notice periods for termination by either party

6. Working Hours and Place of Work: Expected working arrangements and primary workplace location

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

8. Benefits: Standard benefits package including pension, insurance, and car allowance

9. Holidays and Leave: Holiday entitlement and other leave rights

10. Illness and Absence: Procedures for reporting illness and payment during sick leave

11. Confidentiality: Obligations regarding company confidential information

12. Intellectual Property: Ownership and rights to work-related intellectual property

13. Data Protection: Compliance with GDPR and Danish data protection laws

14. Post-Termination Restrictions: Non-compete and non-solicitation provisions

15. Termination: Grounds for termination and procedures

16. Governing Law and Jurisdiction: Confirmation of Danish law application and dispute resolution

Optional Sections

1. Board Positions: Required if the manager holds or is expected to hold board positions in group companies

2. International Travel: Include if role requires significant international travel

3. Share Options: Include if share-based incentives are part of the compensation package

4. Change of Control: Include provisions for company ownership changes or M&A scenarios

5. Garden Leave: Include if company wants right to place manager on paid leave during notice period

6. Representation: Include if manager has specific representative duties or authority limits

7. Training and Development: Include if specific professional development requirements exist

8. Compliance with Policies: Include if referring to specific company policies or codes of conduct

Suggested Schedules

1. Schedule 1 - Remuneration Package: Detailed breakdown of salary, bonuses, and benefits

2. Schedule 2 - Job Description: Detailed description of responsibilities and performance expectations

3. Schedule 3 - Share Option Terms: Details of any share option or equity participation schemes

4. Schedule 4 - Company Policies: List of applicable company policies and procedures

5. Schedule 5 - Corporate Authority Matrix: Limits of financial and operational authority

6. Appendix A - Benefits Summary: Detailed description of all benefits and insurance coverage

7. Appendix B - Post-Termination Restrictions: Detailed terms of non-compete and non-solicitation provisions

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