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Managerial Agreement
"I need a Managerial Agreement for hiring a new Operations Director in our Dublin-based tech company, starting March 1, 2025, with specific clauses for stock options and international travel requirements to our EMEA offices."
1. Parties: Identifies the employer company and the manager being employed, including their full legal names and addresses
2. Background: Briefly outlines the context of the agreement and the intention to employ the manager in the specified role
3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty
4. Appointment and Term: Details the position, start date, and whether the appointment is for a fixed term or permanent
5. Duties and Responsibilities: Outlines the manager's key responsibilities, reporting lines, and scope of authority
6. Place of Work: Specifies the primary workplace location and any flexibility or travel requirements
7. Hours of Work: Details working hours, flexibility requirements, and any on-call obligations
8. Remuneration: Specifies base salary, payment intervals, and review processes
9. Benefits: Lists all standard benefits including pension, health insurance, and other perks
10. Holiday Entitlement: Details annual leave allowance and rules for requesting/taking leave
11. Illness and Absence: Procedures for reporting absence and sick pay entitlement
12. Confidentiality: Obligations regarding company confidential information
13. Intellectual Property: Assignment of IP rights for work created during employment
14. Data Protection: Obligations under GDPR and consent for personal data processing
15. Termination: Notice periods and grounds for termination
16. Post-Termination Restrictions: Non-compete and non-solicitation clauses
17. Governing Law: Confirms Irish law governs the agreement
18. Entire Agreement: Standard boilerplate confirming this document represents the entire agreement
1. Probationary Period: Include when the role is subject to an initial probationary period
2. Commission Structure: Include for sales-focused management roles with commission-based compensation
3. Share Options: Include when the manager is offered company shares or share options
4. International Travel: Include when role requires significant international travel
5. Directors Duties: Include when the manager will also serve as a company director
6. Performance Bonus: Include when role includes performance-based bonuses
7. Garden Leave: Include for senior positions where garden leave might be required
8. Change of Control: Include for senior positions where company ownership changes might affect employment
1. Schedule 1 - Job Description: Detailed description of the role, responsibilities and KPIs
2. Schedule 2 - Compensation Structure: Detailed breakdown of salary, bonuses, and benefits
3. Schedule 3 - Company Policies: List of applicable company policies the manager must comply with
4. Schedule 4 - Restricted Activities: Detailed list of post-termination restrictions and non-compete obligations
5. Schedule 5 - Company Car Policy: Details of company car benefits if applicable
6. Appendix A - Data Protection Policy: Detailed data protection obligations and procedures
7. Appendix B - Expense Policy: Guidelines for expense claims and reimbursement procedures
Authors
Board
Business Day
Cause
Company
Commencement Date
Compensation
Confidential Information
Control
Director
Effective Date
Employment
Garden Leave
Good Reason
Group
Group Company
Intellectual Property Rights
Manager
Material Breach
Notice Period
Parent Company
Parties
Personal Data
Prohibited Area
Relevant Period
Restricted Business
Restricted Customer
Restricted Period
Subsidiary
Termination Date
Territory
Working Hours
Works
Year of Employment
Term and Duration
Duties and Responsibilities
Authority and Powers
Working Hours
Place of Work
Remuneration
Bonus and Commission
Benefits
Expenses
Annual Leave
Sick Leave
Company Policies
Performance Review
Professional Development
Confidentiality
Intellectual Property
Data Protection
Non-Competition
Non-Solicitation
Non-Poaching
Garden Leave
Termination
Summary Dismissal
Notice Period
Severance
Post-Termination Obligations
Company Property
Conflict of Interest
Outside Activities
Reporting Requirements
Representation and Warranties
Force Majeure
Assignment
Severability
Waiver
Entire Agreement
Variation
Notices
Third Party Rights
Governing Law
Jurisdiction
Technology
Financial Services
Manufacturing
Retail
Healthcare
Professional Services
Construction
Education
Telecommunications
Hospitality
Transport and Logistics
Energy
Media and Entertainment
Pharmaceutical
Real Estate
Human Resources
Legal
Finance
Operations
Sales
Marketing
Information Technology
Research and Development
Production
Quality Assurance
Customer Service
Administration
Procurement
Business Development
Corporate Communications
Chief Executive Officer
Managing Director
General Manager
Department Manager
Regional Manager
Operations Manager
Sales Manager
Project Manager
Production Manager
Finance Manager
HR Manager
Marketing Manager
Technical Manager
Branch Manager
Division Head
Team Leader
Department Head
Senior Manager
Executive Director
Vice President
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