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Managing Director Contract Of Employment
"I need a Managing Director Contract Of Employment for a Singapore tech startup, offering a base salary of SGD 300,000 plus share options, with special emphasis on IP protection and a 24-month non-compete clause for the APAC region."
1. Parties: Identification of the company and the Managing Director
2. Background: Context of the appointment and basic premise of the agreement
3. Definitions: Key terms used throughout the agreement
4. Appointment and Term: Role, position, and duration of appointment
5. Duties and Responsibilities: Scope of work and key responsibilities as Managing Director, including board duties and reporting requirements
6. Remuneration and Benefits: Salary, bonuses, benefits, and other compensation details
7. Working Hours and Leave: Work schedule, annual leave, sick leave, and other leave entitlements
8. Confidentiality: Non-disclosure obligations and protection of company information
9. Restrictive Covenants: Non-compete and non-solicitation obligations
10. Termination: Conditions and process for ending employment, notice periods, and consequences
11. General Provisions: Governing law, entire agreement, amendments, and other standard clauses
1. Share Options: Terms of any share option schemes or equity compensation
2. International Assignments: Terms and conditions for overseas postings or international work
3. Intellectual Property: IP rights, assignments, and related obligations
4. Corporate Governance: Additional governance responsibilities for listed companies
5. Change of Control: Provisions relating to company ownership changes or mergers
1. Schedule 1: Remuneration Package: Detailed breakdown of compensation components including base salary, bonuses, and allowances
2. Schedule 2: Benefits: Comprehensive list of benefits and entitlements including insurance, expense claims, and other perks
3. Schedule 3: KPIs and Performance Metrics: Specific performance indicators, targets, and evaluation criteria
4. Appendix A: Code of Conduct: Company's code of conduct and ethical guidelines
5. Appendix B: Share Option Plan: Detailed terms and conditions of any share option or equity compensation schemes
Authors
Duties and Responsibilities
Remuneration and Benefits
Working Hours and Location
Annual Leave and Public Holidays
Medical Benefits
Insurance Coverage
Performance Review
Bonus and Incentives
Share Options
Confidentiality
Intellectual Property
Non-Competition
Non-Solicitation
Termination
Garden Leave
Notice Period
Governing Law
Data Protection
Conflict of Interest
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