Document background
The Director Employment Contract is a specialized agreement used in the Netherlands when appointing statutory directors (bestuurders) to companies. It addresses the distinctive dual legal status of directors under Dutch law, combining elements of corporate law and employment law. This document is essential when appointing managing directors, board members, or statutory directors to Dutch companies, whether they are private limited companies (BVs) or public limited companies (NVs). The contract includes mandatory provisions required by Dutch law, covers corporate governance aspects, and addresses practical employment terms such as remuneration, benefits, and termination conditions. It's particularly important as director dismissal from the corporate position automatically terminates the employment relationship, requiring careful drafting to protect both parties' interests.
