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This document is essential for formalizing the employment relationship between a company and its director in Malta, ensuring compliance with both the Employment and Industrial Relations Act and the Companies Act. It is used when appointing executive directors, managing directors, or other board-level positions, providing clear terms of engagement while protecting both the company's and director's interests. The agreement needs to balance standard employment provisions with specific director duties and responsibilities required under Maltese corporate law.

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

2. Background: Context of the appointment, including company details and the basis for the director's appointment

3. Definitions: Key terms used throughout the agreement

4. Appointment and Term: Details of the director's appointment, position, and duration of the agreement

5. Duties and Responsibilities: Comprehensive outline of director's duties under Maltese law and company requirements

6. Time Commitment: Expected working hours and time dedication to the role

7. Remuneration and Benefits: Salary, bonuses, and other benefits including share options if applicable

8. Location and Travel: Primary work location and travel requirements

9. Expenses: Policy on reimbursement of business expenses

10. Holidays and Leave: Annual leave entitlement and holiday arrangements

11. Confidentiality: Obligations regarding confidential information and trade secrets

12. Intellectual Property: Assignment of IP rights created during employment

13. Non-Competition and Non-Solicitation: Post-employment restrictions and business protection

14. Termination: Grounds and procedures for termination of the agreement

15. Data Protection: Compliance with GDPR and local data protection laws

16. Governing Law and Jurisdiction: Confirmation of Maltese law governance and jurisdiction

17. Entire Agreement: Standard entire agreement clause and amendment provisions