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Executive Employment Agreement
"I need an Executive Employment Agreement under Belgian law for a new Chief Technology Officer starting March 1, 2025, with specific provisions for international travel and equity compensation, including stock options in our Luxembourg parent company."
1. Parties: Identification of the employer company and the executive employee
2. Background: Context of the employment relationship and appointment
3. Definitions: Key terms used throughout the agreement
4. Appointment and Duration: Executive's role, position, and whether fixed-term or indefinite duration
5. Duties and Responsibilities: Scope of executive role, reporting lines, and key responsibilities
6. Place of Work: Primary workplace location and mobility requirements
7. Working Time: Working hours expectations, acknowledging executive status exemptions
8. Remuneration: Base salary, payment frequency, and review mechanisms
9. Benefits: Standard benefits package including insurance, pension, car allowance
10. Bonus and Incentives: Performance-related pay, targets, and calculation methods
11. Vacation and Leave: Annual leave entitlement and public holidays
12. Confidentiality: Protection of company confidential information
13. Intellectual Property: Ownership of work product and innovations
14. Data Protection: GDPR compliance and data processing terms
15. Termination: Notice periods, grounds for termination, and procedures
16. Post-Termination Obligations: Ongoing duties after employment ends
17. Governing Law: Confirmation of Belgian law application and jurisdiction
1. International Travel: For roles requiring significant international travel
2. Non-Compete Clause: Where market protection is required, subject to Belgian law restrictions
3. Non-Solicitation: Restrictions on soliciting employees or customers post-employment
4. Garden Leave: Right to place executive on paid leave during notice period
5. Directorship Provisions: For executives also serving as corporate directors
6. Expatriate Terms: For international executives requiring specific expatriate provisions
7. Change of Control: Special provisions in case of company ownership change
8. Shareholding Requirements: If executive is required to hold company shares
9. Training and Development: Specific professional development commitments
10. Relocation Terms: When role requires relocation to Belgium
1. Schedule 1 - Job Description: Detailed outline of executive's duties and responsibilities
2. Schedule 2 - Remuneration Details: Comprehensive breakdown of all compensation elements
3. Schedule 3 - Benefits Package: Detailed description of all benefits and allowances
4. Schedule 4 - Bonus Scheme Rules: Detailed bonus calculation methodology and targets
5. Schedule 5 - Company Policies: List of applicable company policies and procedures
6. Schedule 6 - Share Option Terms: Details of any share option or equity participation schemes
7. Appendix A - Data Processing Terms: Detailed GDPR-compliant data processing provisions
8. Appendix B - Company Car Policy: Terms of company car provision if applicable
9. Appendix C - Expense Policy: Rules and procedures for business expense reimbursement
Authors
Appointment
Board
Business Day
Cause
Company
Company Group
Confidential Information
Data Protection Legislation
Effective Date
Executive
Good Reason
Intellectual Property Rights
Notice Period
Parent Company
Position
Prohibited Area
Remuneration
Restricted Business
Restricted Client
Restricted Period
Subsidiary
Termination Date
Variable Pay
Working Day
Work Product
Year of Service
Annual Base Salary
Benefits
Bonus Scheme
Change of Control
Competing Business
Corporate Opportunity
Disability
Garden Leave
Group Company
Material Breach
Professional Expenses
Regulatory Requirements
Related Person
Target Bonus
Duration
Probationary Period
Duties and Responsibilities
Authority and Powers
Reporting Structure
Place of Work
Working Time
Salary
Benefits
Bonus
Long-term Incentives
Equity Participation
Pension
Insurance
Expenses
Annual Leave
Sick Leave
Company Car
Mobile Phone and Devices
Professional Development
Performance Review
Confidentiality
Intellectual Property
Data Protection
Non-Competition
Non-Solicitation
Garden Leave
Notice Period
Termination
Summary Dismissal
Severance
Post-Termination Obligations
Return of Property
Corporate Governance
Conflicts of Interest
External Activities
Representation
Force Majeure
Amendments
Entire Agreement
Severability
Notices
Governing Law
Jurisdiction
Financial Services
Technology
Manufacturing
Professional Services
Healthcare
Retail
Telecommunications
Energy
Real Estate
Construction
Logistics
Pharmaceuticals
Consumer Goods
Media and Entertainment
Automotive
Education
Human Resources
Legal
Executive Leadership
Board of Directors
Corporate Governance
Compensation and Benefits
Talent Acquisition
Corporate Secretary Office
Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
Chief Technology Officer
Chief Marketing Officer
Managing Director
Country Manager
Regional Director
Executive Vice President
Senior Vice President
Division President
General Manager
Head of Department
Executive Director
Senior Director
Commercial Director
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