Director Employment Contract Template for Belgium

The Director Employment Contract is a specialized agreement used when appointing executive directors in Belgian companies, where the individual will serve both as a corporate officer and an employee. This dual status requires careful consideration of both Belgian corporate law and employment regulations. The document is particularly important as it defines the scope of authority, responsibilities, and protections afforded to the director while ensuring compliance with Belgian legal requirements, including social security obligations, corporate governance codes, and EU regulations. The contract is essential for establishing clear terms of employment, remuneration structures, and termination provisions, while also addressing specific Belgian law requirements regarding language, jurisdiction, and mandatory employment protections.

1. Parties: Identification of the company and the director, including their full legal names, addresses, and relevant registration numbers

2. Background: Context of the appointment, including corporate resolutions authorizing the directorship and employment relationship

3. Definitions: Key terms used throughout the agreement, including specific Belgian legal terminology

4. Appointment and Term: Terms of appointment as director and employee, including start date and duration (fixed-term or indefinite)

5. Duties and Responsibilities: Detailed description of both corporate and operational responsibilities, reporting lines, and authority limits

6. Time Commitment: Working hours, availability requirements, and provisions for additional time commitments

7. Remuneration and Benefits: Base salary, bonuses, benefits, and any director's fees, including payment terms and review mechanisms

8. Place of Work: Primary work location, travel requirements, and any flexibility arrangements

9. Social Security and Insurance: Details of social security status, insurance coverage, and related obligations

10. Vacation and Leave: Annual leave entitlement, public holidays, and other leave provisions

11. Confidentiality: Obligations regarding company information and trade secrets

12. Intellectual Property: Assignment of IP rights and related provisions

13. Non-Competition and Non-Solicitation: Post-termination restrictions and their geographical/temporal scope

14. Data Protection: GDPR compliance and data processing obligations

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

16. Corporate Governance: Compliance with corporate governance code and reporting obligations

17. Governing Law and Jurisdiction: Confirmation of Belgian law application and competent courts