Executive Director Independent Contractor Agreement Template for Germany

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Key Requirements PROMPT example:

Executive Director Independent Contractor Agreement

"I need an Executive Director Independent Contractor Agreement under German law for a technology startup, where the director will be managing our AI development division while maintaining their own consulting business, starting March 2025."

Document background
The Executive Director Independent Contractor Agreement is designed for use when a company wishes to engage an executive director on a non-employment basis in Germany. This arrangement is particularly relevant for scenarios where the director maintains other business interests or provides services to multiple entities. The document addresses crucial aspects required under German law, including corporate governance requirements, fiduciary duties, and clear delineation of independent contractor status. It is structured to comply with German corporate and commercial law while providing flexibility in the working relationship. The agreement includes comprehensive provisions for confidentiality, intellectual property rights, non-competition, and data protection, making it suitable for high-level executive positions where significant company information access is required. This document is essential for companies seeking to establish clear parameters for executive leadership while maintaining independence in the contractual relationship.
Suggested Sections

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

2. Background: Context of the agreement, including the company's desire to engage the director as an independent contractor and the director's confirmation of ability to provide the services

3. Definitions: Key terms used throughout the agreement, including 'Services', 'Confidential Information', 'Intellectual Property', etc.

4. Appointment and Term: Terms of appointment, duration, and renewal provisions

5. Scope of Services: Detailed description of executive director duties, responsibilities, and scope of authority

6. Independent Contractor Status: Clear establishment of independent contractor relationship and explicit distinction from employment relationship

7. Compensation and Payment Terms: Fee structure, payment schedule, expense reimbursement, and tax responsibilities

8. Time Commitment and Availability: Expected time dedication and availability requirements

9. Compliance and Corporate Governance: Obligations regarding corporate governance, regulatory compliance, and fiduciary duties

10. Confidentiality: Provisions for protecting company confidential information and trade secrets

11. Intellectual Property Rights: Ownership and assignment of intellectual property created during the engagement

12. Non-Competition and Non-Solicitation: Restrictions on competitive activities and solicitation of employees/clients

13. Termination: Grounds for termination, notice periods, and consequences of termination

14. Return of Company Property: Obligations regarding return of company assets and information upon termination

15. Governing Law and Jurisdiction: Specification of German law as governing law and jurisdiction for disputes

16. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments

Optional Sections

1. Insurance Requirements: Required when the director needs to maintain specific insurance coverage

2. Performance Metrics: Include when compensation is tied to specific performance criteria or KPIs

3. Board Interaction: Required when specifying detailed protocols for interaction with the board of directors

4. International Travel: Include when the role requires significant international travel

5. Subsidiary Management: Required when the director will manage subsidiary companies

6. Conflict Resolution: Include when parties wish to specify mediation or arbitration procedures

7. Data Protection Obligations: Required when the role involves significant personal data processing

8. Force Majeure: Include when parties want specific provisions for unforeseen circumstances

Suggested Schedules

1. Schedule 1 - Services Description: Detailed outline of services, responsibilities, and deliverables

2. Schedule 2 - Compensation Structure: Detailed breakdown of fees, payment terms, and any variable compensation elements

3. Schedule 3 - Company Policies: Key company policies applicable to the executive director

4. Schedule 4 - Approved Outside Activities: List of pre-approved external commitments or board positions

5. Schedule 5 - Confidential Information: Detailed description of what constitutes confidential information

6. Appendix A - Power of Attorney: Specific powers granted to the executive director

7. Appendix B - Key Performance Indicators: Detailed performance metrics if applicable

8. Appendix C - Insurance Requirements: Specific insurance coverage requirements and minimum limits

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Technology

Manufacturing

Financial Services

Professional Services

Healthcare

Retail

Real Estate

Energy

Telecommunications

Media and Entertainment

Consulting

Software

Biotechnology

Industrial

Transportation and Logistics

Relevant Teams

Legal

Human Resources

Corporate Governance

Board of Directors

Executive Management

Compliance

Finance

Operations

Company Secretariat

Relevant Roles

Managing Director

Executive Director

Chief Executive Officer

Chief Financial Officer

Chief Operating Officer

Chief Technology Officer

Chief Marketing Officer

Regional Director

Country Manager

Business Unit Director

Division Head

Executive Vice President

Senior Vice President

Board Member

Non-Executive Director

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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