Managerial Agreement Template for Switzerland

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Key Requirements PROMPT example:

Managerial Agreement

"I need a Managerial Agreement for a newly hired Chief Technology Officer of our fintech startup in Zurich, including provisions for equity participation and international travel, with the role starting March 1, 2025."

Document background
The Managerial Agreement serves as a crucial legal document for establishing and regulating the employment relationship between a company and its management-level employees in Switzerland. This document is essential when appointing senior executives, directors, or key management personnel, ensuring compliance with Swiss employment law while addressing the specific needs of management positions. The agreement includes detailed provisions on executive compensation, strategic responsibilities, reporting structures, and corporate governance obligations. It is particularly important for establishing clear parameters around decision-making authority, confidentiality obligations, and post-employment restrictions, all within the framework of Swiss legal requirements. The document should be tailored to reflect the specific management level, industry context, and organizational structure while maintaining compliance with mandatory Swiss employment law provisions.
Suggested Sections

1. Parties: Identification of the employer company and the manager, including full legal names and addresses

2. Background: Context of the appointment and brief description of the company's business

3. Definitions: Key terms used throughout the agreement

4. Appointment and Term: Position title, appointment effective date, and term (if fixed)

5. Duties and Responsibilities: Detailed description of managerial role, reporting lines, and scope of authority

6. Work Location and Hours: Primary workplace and working time arrangements, considering management exemptions under Swiss law

7. Remuneration: Base salary, bonus structure, and review mechanisms

8. Benefits and Insurance: Social security, pension contributions, health insurance, and other benefits

9. Expenses: Policy on business expenses and reimbursement procedures

10. Vacation and Leave: Annual leave entitlement and other leave rights

11. Confidentiality: Protection of company confidential information and trade secrets

12. Intellectual Property: Ownership and rights to work-related inventions and creations

13. Data Protection: Handling of personal data in compliance with Swiss data protection laws

14. Termination: Notice periods, grounds for termination, and consequences

15. Post-Termination Obligations: Return of company property and ongoing confidentiality obligations

16. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction

Optional Sections

1. Non-Compete and Non-Solicitation: Restrictions on post-employment activities, if applicable under Swiss law

2. Share Options or Equity Participation: Details of any share option scheme or equity participation rights

3. International Travel: Required for positions involving significant international duties

4. Performance Metrics: Specific KPIs and performance evaluation criteria

5. Corporate Governance: Additional responsibilities if serving on board or executive committees

6. Representation Powers: Specific signing authorities and power to represent the company

7. Language Requirements: Required for positions in multilingual regions of Switzerland

8. Secondary Activities: Provisions regarding outside business activities or board positions

Suggested Schedules

1. Job Description: Detailed outline of role, responsibilities, and objectives

2. Bonus Scheme: Detailed terms of variable compensation and calculation methods

3. Company Policies: Key corporate policies applicable to management

4. Benefits Package: Detailed description of all benefits and insurance coverage

5. Share Option Terms: Detailed terms of any share option or equity participation scheme

6. Expense Policy: Detailed guidelines for business expense claims and limits

7. Company Car Policy: Terms of company car provision if applicable

8. IT and Communication Policy: Rules regarding use of company IT systems and devices

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Relevant Industries

Financial Services

Manufacturing

Technology

Pharmaceuticals

Healthcare

Professional Services

Retail

Hospitality

Construction

Energy

Telecommunications

Consumer Goods

Insurance

Real Estate

Education

Relevant Teams

Human Resources

Legal

Executive Office

Corporate Governance

Board Secretariat

Compliance

Finance

Operations

Strategic Planning

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Chief Operating Officer

Managing Director

General Manager

Department Head

Regional Director

Country Manager

Division Head

Executive Vice President

Senior Vice President

Branch Manager

Operations Manager

Project Director

Business Unit Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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