Document background
The Director Employment Contract is a crucial document used when appointing directors to Swiss companies, whether in executive or non-executive capacities. This agreement must comply with Swiss law, particularly the Swiss Code of Obligations and relevant corporate governance requirements. It serves to formalize the relationship between the company and the director, detailing their appointment terms, duties, remuneration, and obligations. The contract includes specific provisions required under Swiss law regarding social security, pension arrangements, and corporate responsibilities. It's particularly important as it combines elements of both employment law and corporate governance, addressing the unique position of directors who are both employees and corporate officers. The document should be used when appointing new directors or updating terms for existing directors, ensuring all aspects of the relationship are clearly defined and legally compliant.
