Managing Director Agreement Template for Philippines

1. Non-Compete: Restrictions on competing activities, used when protecting market position is crucial

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

3. Corporate Governance: Additional provisions for listed companies or regulated industries

4. Performance Metrics: Specific KPIs and evaluation criteria, used when performance-based compensation is significant

5. International Travel: Terms for international assignments or travel, used for multinational companies

6. Change of Control: Provisions dealing with company ownership changes, important for listed or acquisition-target companies

7. Insurance and Indemnification: Detailed insurance coverage and indemnity terms, important for high-risk industries

8. Representation on Other Boards: Terms for serving on other boards, used when allowing external directorships

1. Schedule 1 - Compensation Package: Detailed breakdown of salary, bonuses, and benefits structure

2. Schedule 2 - Position Description: Detailed job description and key responsibilities

3. Schedule 3 - Performance Metrics: KPIs and performance evaluation criteria

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

5. Schedule 5 - Benefits Summary: Detailed description of all benefits and entitlements

6. Schedule 6 - Restricted Activities: List of prohibited activities under non-compete/non-solicitation

7. Appendix A - Board Resolution: Copy of board resolution approving the appointment

8. Appendix B - Statutory Declaration: Required declarations under Philippine corporate law