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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."
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
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
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
Applicable Laws
Board
Business Day
Cause
Company
Company Group
Company Policies
Confidential Information
Deliverables
Director
Effective Date
Fee
Force Majeure Event
Good Industry Practice
Intellectual Property Rights
Material Breach
Notice
Personal Data
Preexisting IP
Prohibited Activities
Protected Information
Representatives
Services
Supervisory Board
Term
Territory
Trade Secrets
Work Product
Articles of Association
Commercial Register
Competitors
Corporate Governance Code
Management Board
Performance Metrics
Regulatory Authorities
Related Parties
Service Recipient
Shareholders
Term and Duration
Services and Duties
Independent Contractor Status
Compensation
Expenses
Payment Terms
Tax Obligations
Time Commitment
Performance Standards
Reporting Requirements
Corporate Authority
Fiduciary Duties
Compliance
Regulatory Requirements
Confidentiality
Data Protection
Intellectual Property
Non-Competition
Non-Solicitation
Conflicts of Interest
Insurance
Indemnification
Representations and Warranties
Record Keeping
Company Property
Termination
Notice Requirements
Force Majeure
Assignment
Amendments
Severability
Entire Agreement
Governing Law
Jurisdiction
Dispute Resolution
Board Relationship
Corporate Governance
Business Ethics
Access Rights
Liability Limitations
Third Party Rights
Technology
Manufacturing
Financial Services
Professional Services
Healthcare
Retail
Real Estate
Energy
Telecommunications
Media and Entertainment
Consulting
Software
Biotechnology
Industrial
Transportation and Logistics
Legal
Human Resources
Corporate Governance
Board of Directors
Executive Management
Compliance
Finance
Operations
Company Secretariat
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
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