Directors Contract Of Employment Template for Belgium

1. Non-Competition: Post-employment competition restrictions, used when protecting business interests is crucial

2. Non-Solicitation: Restrictions on soliciting employees or clients, used when protecting business relationships is important

3. Corporate Governance: Additional corporate governance requirements, particularly relevant for listed companies

4. Stock Options: Share option schemes or equity participation arrangements, used when offering equity-based compensation

5. International Travel: Specific provisions for international duties and travel, used for multinational companies

6. Language: Language requirements and official translation provisions, used in multilingual contexts

7. Secondment: Terms for potential secondment to other group companies, used in corporate groups

8. Sign-On Bonus: One-time payment provisions for joining, used in competitive recruitment situations

9. Training and Development: Specific provisions for professional development, used when emphasizing growth and training

10. Company Car: Vehicle provision and related terms, used when offering company car benefits

1. Schedule 1 - Job Description: Detailed description of role, responsibilities, and reporting lines

2. Schedule 2 - Remuneration Package: Detailed breakdown of all compensation elements and calculation methods

3. Schedule 3 - Benefits Package: Comprehensive list and details of all benefits provided

4. Schedule 4 - Company Policies: Key company policies applicable to the director

5. Schedule 5 - Performance Metrics: Specific KPIs and performance evaluation criteria

6. Appendix A - Board Resolution: Copy of board resolution appointing the director

7. Appendix B - Company Car Policy: Detailed terms for company vehicle use if applicable

8. Appendix C - Expense Policy: Detailed guidelines for business expense claims and procedures