Management Employment Contract Template for Saudi Arabia

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Key Requirements PROMPT example:

Management Employment Contract

"Need a Management Employment Contract for a Chief Technology Officer position in our Riyadh-based tech company, starting March 2025, with provisions for equity compensation and international travel requirements."

Document background

The Management Employment Contract is a crucial legal document used when hiring executives and senior managers in Saudi Arabia. It serves as the primary agreement governing the employment relationship between organizations and their management-level employees, incorporating provisions required under Saudi Labor Law and recent reforms under Saudi Vision 2030. This contract type is essential for companies operating in Saudi Arabia who need to formalize employment relationships with their senior staff while ensuring compliance with local regulations, including Saudization requirements and wage protection systems. The document typically includes comprehensive terms covering responsibilities, compensation, benefits, performance expectations, and post-employment obligations, all structured to align with Saudi Arabian legal and cultural frameworks.

Suggested Sections

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

2. Background: Brief context about the company, the position being offered, and the basis of the employment relationship

3. Definitions: Key terms used throughout the contract, including company-specific terminology

4. Appointment and Term: Details of the position, designation, and duration of employment (fixed-term or unlimited)

5. Duties and Responsibilities: Detailed description of the executive's role, reporting lines, and management responsibilities

6. Place of Work: Primary work location and potential for travel or relocation

7. Working Hours and Days: Standard working hours, flexibility requirements, and provisions for Ramadan timing

8. Remuneration and Benefits: Base salary, allowances, bonuses, and other benefits as per Saudi Labor Law

9. Leave Entitlements: Annual leave, sick leave, and other leave entitlements as per local regulations

10. Confidentiality: Protection of company information and trade secrets

11. Intellectual Property: Ownership of work product and innovations developed during employment

12. Non-Competition and Non-Solicitation: Post-employment restrictions in accordance with Saudi law

13. Termination: Grounds and procedures for contract termination, notice periods, and severance

14. Governing Law: Confirmation of Saudi Labor Law application and dispute resolution mechanisms

Optional Sections

1. International Travel: Include when role requires significant international travel, detailing travel policy and allowances

2. Performance Targets: Include when compensation is linked to specific KPIs or performance metrics

3. Stock Options/Share Schemes: Include when offering equity-based compensation, subject to local regulations

4. Secondment Provisions: Include when executive may be seconded to other group companies

5. Training and Development: Include when specific professional development requirements exist

6. Family Benefits: Include when offering additional family-related benefits beyond statutory requirements

7. Housing Provisions: Include when providing housing allowance or accommodation

8. Succession Planning: Include when executive is required to develop succession plans for their role

Suggested Schedules

1. Schedule 1: Job Description: Detailed breakdown of role responsibilities and requirements

2. Schedule 2: Compensation Structure: Detailed breakdown of salary components, bonuses, and benefits

3. Schedule 3: Company Policies: Key company policies applicable to management positions

4. Schedule 4: Performance Metrics: Specific KPIs and performance evaluation criteria

5. Schedule 5: Benefits Package: Detailed description of additional benefits and allowances

6. Appendix A: Code of Conduct: Company's code of conduct and ethical guidelines for management

7. Appendix B: Confidentiality Agreement: Detailed confidentiality terms and requirements

8. Appendix C: IT and Systems Access: Details of IT systems access rights and security protocols

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Financial Services

Technology

Manufacturing

Healthcare

Retail

Energy and Utilities

Telecommunications

Construction

Professional Services

Education

Real Estate

Hospitality

Mining

Transportation and Logistics

Media and Entertainment

Relevant Teams

Human Resources

Legal

Finance

Operations

Information Technology

Sales

Marketing

Research and Development

Manufacturing

Supply Chain

Customer Service

Strategy

Business Development

Corporate Communications

Quality Assurance

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Chief Operating Officer

Managing Director

General Manager

Regional Director

Department Head

Vice President

Senior Manager

Executive Director

Country Manager

Division Head

Branch Manager

Operations Manager

Project Director

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Authors

Alex Denne

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