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Managerial Agreement
I need a Managerial Agreement under Danish law for a new Chief Technology Officer position at our Copenhagen-based software company, including provisions for hybrid working arrangements and stock options, with the role starting March 1, 2025.
1. Parties: Identification of the employer company and the manager, including full legal names and addresses
2. Background: Brief context of the appointment and any relevant company background
3. Definitions: Key terms used throughout the agreement
4. Position and Duties: Job title, role description, responsibilities, and reporting relationships
5. Commencement and Duration: Start date and term of employment (if fixed-term)
6. Place of Work: Primary workplace location and any flexibility arrangements
7. Working Hours: Expected working hours and flexibility requirements, noting exemption from standard working hour regulations
8. Remuneration: Base salary, payment intervals, and review mechanisms
9. Benefits: Standard benefits package including pension, insurance, and other perks
10. Bonus and Incentives: Performance-based compensation structures and criteria
11. Expenses: Policy on business expenses and reimbursement
12. Holiday Entitlement: Annual leave allowance and holiday pay arrangements
13. Illness and Absence: Procedures for reporting absence and sick pay entitlements
14. Confidentiality: Obligations regarding company confidential information
15. Intellectual Property: Ownership and rights to work-related intellectual property
16. Termination: Notice periods and grounds for termination
17. Garden Leave: Company's right to place manager on garden leave
18. Data Protection: GDPR compliance and personal data processing
19. Governing Law: Specification of Danish law as governing law
20. Entire Agreement: Integration clause confirming the agreement supersedes prior arrangements
1. Non-Competition: Restrictions on working for competitors, used when manager has access to sensitive business information
2. Non-Solicitation: Restrictions on approaching clients/employees, used when manager has significant client/employee relationships
3. Share Options: Terms of any share option scheme, included when offering equity-based compensation
4. Relocation: Terms related to relocation support, used when manager is moving from another location
5. International Travel: Specific provisions for international duties, used when role requires significant travel
6. Company Car: Terms related to company vehicle provision, used when offering car as benefit
7. Board Positions: Terms relating to board memberships, used for senior executives with board responsibilities
8. Training and Development: Specific provisions for executive education or development programs
9. Subsidiary Responsibilities: Additional duties related to group companies, used in complex corporate structures
1. Schedule 1 - Bonus Scheme Rules: Detailed terms and calculations for performance-based compensation
2. Schedule 2 - Share Option Terms: Detailed terms of any share option or equity participation scheme
3. Schedule 3 - Benefits Package: Detailed description of all benefits and their terms
4. Schedule 4 - Job Description: Detailed outline of responsibilities and performance expectations
5. Schedule 5 - Company Policies: Key company policies applicable to the manager
6. Appendix A - Personal Data Processing: Detailed information about personal data handling under GDPR
7. Appendix B - Company Car Policy: Specific terms and conditions for company car usage if applicable
Authors
Technology
Manufacturing
Financial Services
Healthcare
Retail
Professional Services
Energy
Transportation
Construction
Education
Telecommunications
Real Estate
Media and Entertainment
Pharmaceutical
Consumer Goods
Human Resources
Legal
Executive Leadership
Board Secretariat
Compliance
Corporate Governance
Operations
Finance
Administration
Chief Executive Officer
Managing Director
Department Head
Division Director
Regional Manager
Country Manager
Vice President
Senior Vice President
Chief Financial Officer
Chief Operating Officer
Chief Technology Officer
Head of Operations
Head of Sales
Head of Marketing
General Manager
Branch Manager
Project Director
Program Manager
Business Unit Manager
Commercial Director
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