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Executive Director Employment Contract
"I need an Executive Director Employment Contract for our newly appointed CEO who will be joining from a competitor in March 2025; we're a fintech company listed on SGX and need to ensure comprehensive non-compete provisions and share option schemes are included."
1. Parties: Identification of the Company and the Executive Director
2. Background: Context of appointment and brief company description
3. Definitions: Key terms used throughout the agreement
4. Appointment and Term: Position title, effective date, and duration of appointment
5. Duties and Responsibilities: Core executive and director duties, reporting lines, and authority
6. Remuneration: Base salary, bonuses, equity compensation, and review mechanisms
7. Benefits: Standard benefits package including insurance, CPF contributions
8. Termination: Grounds for termination, notice periods, and consequences
9. Confidentiality: Protection of company confidential information
10. Intellectual Property: Ownership of work product and innovations
1. Garden Leave: Terms for paid leave during notice period - used when company wants ability to keep director away from business during notice period
2. International Assignment: Terms for overseas postings - applicable for multinational companies with global operations
3. Change of Control: Special provisions triggered by company ownership changes - relevant for listed companies or companies likely to be acquired
4. Share Options: Details of share option schemes - included when equity compensation is part of package
1. Job Description: Detailed outline of roles and responsibilities
2. Remuneration Schedule: Detailed breakdown of compensation components
3. Benefits Schedule: Detailed description of benefits package
4. Share Option Scheme Rules: Terms and conditions of share options if applicable
5. Company Policies: Key corporate policies the director must comply with
Authors
Appointment
Board
Business
Cause
Change of Control
Company
Competing Business
Confidential Information
Director's Duties
Effective Date
Executive Duties
Good Reason
Group
Group Company
Intellectual Property Rights
Notice Period
Parent Company
Position
Prohibited Area
Remuneration
Restricted Period
Share Option Scheme
Subsidiary
Term
Termination Date
Territory
Variable Compensation
Warranties
Board Position
Capacity and Duties
Conflicts of Interest
Confidentiality
Corporate Governance
Data Protection
Directorship Obligations
Executive Duties
Expenses
Garden Leave
Health and Safety
Hours of Work
Intellectual Property
Leave and Holidays
Location of Work
Non-Competition
Non-Solicitation
Notice Period
Performance Review
Place of Work
Regulatory Compliance
Remuneration
Reporting Lines
Representation and Warranties
Restrictive Covenants
Share Options
Sick Leave
Termination
Travel Requirements
Variable Compensation
Working Hours
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