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Agreement With Managing Director
"Need to draft an Agreement With Managing Director for our Singapore tech startup, including share options and international assignment clauses, as our new MD will split time between Singapore and our Jakarta office starting March 2025."
1. Parties: Identification of the company and the Managing Director
2. Background: Context of appointment and basic company information
3. Definitions: Key terms used throughout the agreement
4. Appointment and Term: Duration and nature of appointment
5. Duties and Responsibilities: Detailed scope of MD's role and obligations
6. Remuneration and Benefits: Compensation structure including salary, bonuses, and benefits
7. Confidentiality: Protection of company information
8. Termination: Conditions and process for ending the agreement
1. Share Options: Details of any share option schemes - use when equity compensation is part of the package
2. International Assignments: Terms for overseas postings - use when company has international operations
3. Garden Leave: Terms for paid leave during notice period - use when protecting business interests during transition
4. Intellectual Property: IP rights and assignments - use when MD involved in creative/technical work
1. Schedule 1: Remuneration Package: Detailed breakdown of compensation components
2. Schedule 2: Performance Metrics: KPIs and performance evaluation criteria
3. Schedule 3: Benefits Package: Detailed list of benefits and entitlements
4. Appendix A: Company Policies: Reference to relevant company policies and procedures
5. Appendix B: Share Option Details: Specific terms of any share option schemes
Authors
Appointment
Board
Business
Cause
Company
Commencement Date
Confidential Information
Group
Good Reason
Intellectual Property Rights
Managing Director
Notice Period
Parties
Remuneration
Services
Subsidiary
Term
Termination Date
Working Hours
Annual Bonus
Base Salary
Benefits
Business Day
Competitor
Corporate Governance Code
Garden Leave
Performance Metrics
Restricted Business
Share Option Scheme
Territory
Variable Component
Duties and Responsibilities
Powers and Authority
Remuneration and Benefits
Performance Requirements
Working Hours and Location
Holidays and Leave
Expenses
Confidentiality
Intellectual Property
Non-Competition
Non-Solicitation
Conflict of Interest
Board Reporting
Corporate Governance
Compliance
Insurance and Indemnification
Share Options
Termination
Garden Leave
Post-Termination Obligations
Return of Company Property
Data Protection
Amendments
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Assignment
Force Majeure
Third Party Rights
Counterparts
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