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General Manager Contract
"I need a General Manager Contract for a tech startup in Lagos, Nigeria, with special emphasis on equity compensation and international travel provisions, as the role involves overseeing our expansion into other African markets starting March 2025."
1. Parties: Identifies the employer company and the General Manager, including their respective addresses and registration/identification details
2. Background: Brief context about the appointment and the company's business
3. Definitions: Defines key terms used throughout the agreement
4. Appointment and Term: Details of the position, effective date, and duration of appointment
5. Duties and Responsibilities: Comprehensive outline of the General Manager's roles, authority, and reporting structure
6. Place of Work: Primary work location and travel requirements
7. Hours of Work: Working hours expectations, recognizing the senior nature of the role
8. Remuneration: Base salary, payment frequency, and review mechanisms
9. Benefits and Allowances: Standard benefits package including healthcare, pension, and other statutory benefits
10. Leave Entitlements: Annual leave, public holidays, sick leave, and other statutory leave provisions
11. Performance Evaluation: Performance review process and KPIs
12. Confidentiality: Protection of company confidential information and trade secrets
13. Intellectual Property: Ownership of work products and innovations
14. Non-Competition and Non-Solicitation: Post-employment restrictions and their geographical/temporal scope
15. Termination: Grounds for termination, notice periods, and procedures
16. Company Policies: Compliance with company policies and procedures
17. Governing Law: Nigerian law as governing law and jurisdiction
18. Dispute Resolution: Process for resolving employment-related disputes
19. General Provisions: Standard boilerplate clauses including entire agreement, amendments, and notices
1. Probationary Period: Include when the company requires an initial probation period for new General Managers
2. Equity Participation: Include when offering share options or other equity-based incentives
3. International Travel: Include for roles requiring significant international travel or overseas responsibilities
4. Subsidiary Management: Include when the GM will manage multiple subsidiaries or entities
5. Relocation Package: Include when offering relocation assistance
6. Acting Appointments: Include provisions for acting in other executive positions when required
7. Expatriate Benefits: Include for non-Nigerian General Managers requiring special provisions
8. Garden Leave: Include when the company wants the option to place the GM on paid leave during notice period
1. Schedule 1 - Compensation Package: Detailed breakdown of salary, bonuses, and benefits structure
2. Schedule 2 - Job Description: Detailed description of roles, responsibilities, and key performance indicators
3. Schedule 3 - Company Policies: List of applicable company policies and procedures
4. Schedule 4 - Benefits Details: Comprehensive description of all benefits and their terms
5. Schedule 5 - Restricted Activities: Detailed list of restricted business activities under non-compete provisions
6. Appendix A - Performance Metrics: Specific performance targets and evaluation criteria
7. Appendix B - Statutory Benefits: Summary of statutory benefits under Nigerian law
8. Appendix C - Approval Authority Matrix: Limits of financial and operational authority
Authors
Manufacturing
Financial Services
Technology
Retail
Healthcare
Energy
Telecommunications
Real Estate
Hospitality
Construction
Agriculture
Mining
Education
Transportation
Professional Services
Human Resources
Legal
Executive Management
Operations
Finance
Compliance
Corporate Governance
Administration
Board Secretariat
General Manager
Managing Director
Country Manager
Regional Manager
Division Head
Chief Operating Officer
Branch Manager
Operations Director
Business Unit Head
Site Manager
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