The Management Contract serves as a crucial legal document for organizations operating in New Zealand seeking to employ individuals in management positions. It is specifically designed to comply with New Zealand employment law while protecting both employer and employee interests. This document is essential when appointing senior personnel, directors, or executives, providing comprehensive coverage of employment terms, performance expectations, remuneration structures, and post-employment obligations. The contract addresses key aspects such as confidentiality, intellectual property rights, and restraint of trade provisions, while ensuring compliance with local statutory requirements. It's particularly valuable for organizations requiring clear documentation of management responsibilities, reporting structures, and performance metrics within the New Zealand legal framework.
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1. Parties: Identification of the employer organization and the manager, including full legal names and addresses
2. Background: Context of the appointment and brief description of the business and management role
3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and rules of interpretation
4. Appointment and Term: Details of the position, commencement date, and term (fixed or ongoing)
5. Duties and Responsibilities: Comprehensive outline of the manager's role, responsibilities, and performance expectations
6. Location and Hours: Primary work location and expected working hours, including flexibility requirements
7. Remuneration and Benefits: Base salary, bonuses, benefits, and review mechanisms
8. Leave Entitlements: Annual, sick, bereavement and other leave entitlements as per NZ law and additional benefits
9. Performance and Reviews: Performance measurement criteria, KPIs, and review processes
10. Confidentiality: Obligations regarding confidential information during and after employment
11. Intellectual Property: Ownership and protection of IP created during employment
12. Conflicts of Interest: Requirements for avoiding and declaring conflicts of interest
13. Termination: Grounds for termination, notice periods, and processes
14. Post-Employment Obligations: Restraint of trade and non-solicitation provisions
15. General Provisions: Standard contractual clauses including governing law, entire agreement, and amendments
1. Share or Option Schemes: Details of any equity participation or share option schemes - include if the manager is offered company shares
2. International Travel: Specific provisions for international work requirements - include if role involves significant overseas work
3. Secondment Provisions: Terms for potential secondments to other group companies - include for global organizations
4. Additional Directorships: Terms regarding holding director positions in group companies - include if manager will serve on boards
5. Relocation: Relocation assistance and terms - include if role requires immediate or potential future relocation
6. Commission Structure: Detailed commission or profit-sharing arrangements - include for sales-focused management roles
7. Change of Control: Provisions dealing with company sale or merger - include for senior executive roles
8. Garden Leave: Provisions for garden leave during notice period - include for senior roles with sensitive information access
1. Schedule 1: Position Description: Detailed description of the role, responsibilities, and reporting relationships
2. Schedule 2: Remuneration Package: Detailed breakdown of salary, benefits, and bonus structures
3. Schedule 3: KPIs and Performance Metrics: Specific performance indicators and measurement criteria
4. Schedule 4: Company Policies: List of applicable company policies the manager must comply with
5. Schedule 5: Restraint Provisions: Detailed post-employment restrictions including geographic and time limitations
6. Appendix A: Statutory Entitlements: Summary of relevant NZ statutory entitlements
7. Appendix B: Delegated Authority Matrix: Limits of financial and operational authority
8. Appendix C: Group Structure: Organization chart showing reporting lines and group structure
Relevant legal definitions
Clauses
Relevant Industries
Financial Services
Technology
Manufacturing
Retail
Healthcare
Professional Services
Education
Construction
Hospitality
Transport and Logistics
Energy
Telecommunications
Agriculture
Mining and Resources
Media and Entertainment
Relevant Teams
Human Resources
Legal
Executive Leadership
Board of Directors
Corporate Governance
Operations Management
Finance
Commercial Operations
Business Development
Strategic Planning
Relevant Roles
Chief Executive Officer
Managing Director
General Manager
Department Head
Regional Manager
Operations Manager
Finance Director
Commercial Manager
Sales Director
Technical Director
Project Director
Branch Manager
Division Head
Country Manager
Executive Director
Chief Operating Officer
Chief Financial Officer
Chief Technology Officer
Head of Human Resources
Head of Strategy
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