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General Manager Contract Of Employment
"I need a General Manager Contract Of Employment for hiring a new GM to oversee our expanding West Coast operations, with strong non-compete clauses and specific performance metrics tied to regional growth targets starting March 2025."
1. Parties: Identification of employer and General Manager with full legal names and addresses
2. Background: Context of the employment relationship and appointment
3. Definitions: Key terms used throughout the agreement
4. Position and Duties: Detailed description of role, responsibilities, and reporting structure
5. Term of Employment: Duration of contract, start date, and renewal terms
6. Compensation: Base salary, bonus structure, and review periods
7. Benefits: Health insurance, retirement plans, and other standard benefits
8. Working Hours and Location: Expected work schedule and primary work location
9. Confidentiality: Protection of company information and trade secrets
10. Termination: Grounds for termination and notice periods
1. Equity Participation: Terms relating to stock options or other equity arrangements, applicable when offering equity as part of compensation package
2. Non-Compete: Terms restricting post-employment competition, applicable where permitted by state law and necessary for business protection
3. Relocation: Terms related to relocation assistance, applicable when manager is relocating for the position
4. Performance Metrics: Specific KPIs and performance expectations, applicable when tying compensation to specific performance goals
5. International Travel: Terms related to international assignments and travel requirements, applicable when position requires significant international travel
1. Schedule A - Compensation Details: Detailed breakdown of salary, bonus structure, and benefits
2. Schedule B - Job Description: Detailed outline of responsibilities and expectations
3. Schedule C - Company Policies: Key company policies that form part of the agreement
4. Schedule D - Equity Plan Details: Details of any stock options or equity participation
5. Schedule E - Benefits Package: Comprehensive outline of all benefits provided
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