¶¶Òõ¶ÌÊÓƵ

All Countries
Corporate Governance
Managing Director Contract Of Employment

Managing Director Contract Of Employment Template for Hong Kong

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Managing Director Contract Of Employment

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Managing Director Contract Of Employment

"I need a Managing Director Contract Of Employment for a Hong Kong fintech startup, with emphasis on equity compensation and technology IP protection, starting March 2025."

Celebrated by
Collaborations with
Investors
Document background
The Managing Director Contract Of Employment is a crucial document used when appointing senior executives to lead companies in Hong Kong. It serves as both an employment agreement and a governance document, establishing the framework for the highest level of executive employment within an organization. This contract type is essential for companies operating under Hong Kong law, whether they are local enterprises, multinational corporations, or listed companies. The document typically includes comprehensive terms covering executive duties, strategic responsibilities, remuneration packages, performance expectations, and compliance with both the Hong Kong Companies Ordinance and Employment Ordinance. It's particularly important for ensuring clear alignment between the board's expectations and the managing director's obligations, while also protecting both parties' interests through well-defined terms regarding confidentiality, intellectual property, and post-employment restrictions.
Suggested Sections

1. Parties: Identification of the employer company and the managing director

2. Background: Context of the appointment and any relevant corporate history or circumstances

3. Definitions: Definitions of key terms used throughout the agreement

4. Appointment and Term: Position title, capacity of employment, commencement date, and term (fixed or continuous)

5. Duties and Responsibilities: Core duties as managing director, board responsibilities, and reporting relationships

6. Time Commitment and Exclusivity: Working hours, dedication requirements, and restrictions on other business activities

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

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

9. Bonus and Incentives: Performance bonus structure, criteria, and payment terms

10. Benefits: Standard benefits including insurance, MPF, leave entitlements, and expense reimbursements

11. Directors' and Officers' Insurance: Company's obligations regarding D&O insurance coverage

12. Confidentiality: Protection of confidential information and trade secrets

13. Intellectual Property: Ownership and protection of IP created during employment

14. Data Protection: Handling of personal data and compliance with privacy laws

15. Termination: Grounds for termination, notice periods, and procedures

16. Post-Termination Obligations: Ongoing obligations after employment ends

17. Return of Company Property: Obligations to return company assets upon termination

18. Governing Law and Jurisdiction: Hong Kong law as governing law and jurisdiction for disputes

Optional Sections

1. Share Options/Equity Participation: Terms of any share option scheme or equity participation, used when the MD is offered company shares or options

2. International Travel and Relocation: Specific terms for international travel or relocation, included when role requires significant travel or overseas work

3. Garden Leave: Provisions for garden leave during notice period, included when company wants right to place MD on paid leave

4. Sign-on Bonus: Terms of any sign-on bonus or golden hello, included for new external hires

5. Change of Control: Provisions dealing with change in company ownership, important for listed companies

6. Clawback Provisions: Terms for recovering paid compensation in specific circumstances, common in listed companies

7. External Directorships: Terms governing acceptance of external board positions, included when company allows external roles

8. Shareholding Requirements: Minimum shareholding requirements, included when company requires MD to maintain ownership stake

Suggested Schedules

1. Schedule 1: Job Description: Detailed description of roles, responsibilities, and key performance indicators

2. Schedule 2: Remuneration Package: Detailed breakdown of salary, bonuses, and benefits

3. Schedule 3: Share Option Terms: Detailed terms of any share option or equity participation scheme

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

5. Schedule 5: Restricted Activities: Detailed list of restricted business activities and competitors

6. Schedule 6: Expenses Policy: Detailed policy on expense claims and reimbursements

7. Appendix A: Performance Metrics: Specific KPIs and performance evaluation criteria

8. Appendix B: Benefits Summary: Detailed summary of all benefits and entitlements

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

Technology

Manufacturing

Real Estate

Retail

Professional Services

Healthcare

Telecommunications

Energy

Construction

Logistics

Education

Media and Entertainment

Hospitality

Consumer Goods

Relevant Teams

Human Resources

Legal

Company Secretarial

Board of Directors

Executive Committee

Compensation Committee

Nomination Committee

Corporate Governance

Compliance

Finance

Relevant Roles

Managing Director

Executive Director

Chief Executive Officer

Group Managing Director

Regional Managing Director

Joint Managing Director

Executive Chairman

General Manager

Country Head

Chief Operating Officer

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

Find the exact document you need

Director Indemnity Agreement

A Hong Kong law-governed agreement establishing the terms under which a company indemnifies its directors against liabilities and expenses incurred in their official capacity.

find out more

Director Remuneration Confirmation Letter

A formal letter confirming director compensation arrangements under Hong Kong law, detailing all components of the remuneration package.

find out more

Executive Director Agreement

A Hong Kong law-governed agreement establishing the terms of appointment and employment for an executive director, including duties, remuneration, and obligations.

find out more

Managing Director Agreement

A Hong Kong law-governed agreement setting out employment terms and corporate governance obligations for a Managing Director's appointment.

find out more

Director Indemnification Agreement

A Hong Kong law-governed agreement establishing the terms under which a company indemnifies its directors against liabilities and expenses incurred in their official capacity.

find out more

Independent Contractor Work For Hire Agreement

Hong Kong-governed agreement establishing independent contractor relationship and work-for-hire arrangements between service provider and client company.

find out more

Non Exclusive Trademark License Agreement

A Hong Kong law-governed agreement granting non-exclusive rights to use registered trademarks, while maintaining the licensor's ability to license to others.

find out more

Director Fee Agreement

A Hong Kong law-governed agreement establishing the terms and conditions of a director's compensation for board service.

find out more

Director Employment Agreement

A Hong Kong law-governed agreement setting out terms and conditions for a director's appointment, including both corporate and employment aspects.

find out more

Managing Director Contract Of Employment

Hong Kong law-governed employment contract for Managing Directors, combining standard employment terms with director duties and corporate governance obligations.

find out more

Director Employment Contract

Hong Kong law-governed employment agreement for appointing company directors, covering both executive and board member duties.

find out more

Exit Agreement

A Hong Kong law-governed agreement that documents the terms and conditions of employment termination between an employer and employee.

find out more

Exclusivity Contract

A Hong Kong law-governed agreement establishing exclusive business rights and obligations between parties, defining scope, duration, and territorial limits of exclusivity.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.