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Business Management Contract
"I need a Business Management Contract under Dutch law for appointing a new CEO of our tech startup, with specific provisions for stock options, performance-based bonuses, and the ability to work remotely from multiple European locations."
1. Parties: Identification of the contracting parties - the company and the management entity/individual
2. Background: Context of the agreement and brief description of the business relationship
3. Definitions: Definitions of key terms used throughout the agreement
4. Appointment and Term: Terms of the management appointment, duration, and renewal provisions
5. Duties and Responsibilities: Detailed description of management duties, authority levels, and reporting requirements
6. Time Commitment: Expected time dedication and exclusivity requirements
7. Remuneration and Benefits: Management fee structure, payment terms, and additional benefits
8. Expenses: Rules regarding business expenses and reimbursement procedures
9. Compliance and Governance: Obligations regarding corporate governance, regulatory compliance, and internal policies
10. Confidentiality: Provisions regarding confidential information and trade secrets
11. Intellectual Property: Ownership and rights regarding IP created during the management relationship
12. Data Protection: GDPR compliance and data handling requirements
13. Termination: Grounds for termination, notice periods, and consequences of termination
14. Post-Termination Obligations: Continuing obligations after contract termination
15. Governing Law and Jurisdiction: Specification of Dutch law application and jurisdiction for disputes
1. Non-Compete and Non-Solicitation: Restrictions on competitive activities and client/employee solicitation - optional but recommended for senior management positions
2. Insurance: Requirements for professional liability insurance - relevant when management involves high-risk decisions
3. Corporate Opportunity: Provisions regarding business opportunities - important for senior executives with market exposure
4. Shareholding Requirements: Share ownership obligations - relevant when management is tied to equity participation
5. Performance Metrics: Specific KPIs and performance evaluation criteria - useful for performance-based compensation
6. Board Position: Specific provisions for board membership - required when management includes statutory director position
7. International Travel: Rules for international assignments - relevant for global operations
8. Force Majeure: Provisions for extraordinary circumstances - important in uncertain business environments
9. Succession Planning: Requirements for preparing succession - relevant for key management positions
1. Schedule 1 - Scope of Services: Detailed description of management services and responsibilities
2. Schedule 2 - Remuneration Details: Comprehensive breakdown of compensation structure, including base fee, bonuses, and benefits
3. Schedule 3 - Company Policies: List of applicable company policies and procedures
4. Schedule 4 - Reporting Requirements: Specific reporting obligations and templates
5. Schedule 5 - Authorized Activities: List of pre-approved external activities or board positions
6. Appendix A - Power of Attorney: Specific management powers and authority limits
7. Appendix B - Performance Criteria: Detailed KPIs and performance evaluation methodology
8. Appendix C - Benefits Package: Detailed description of additional benefits and allowances
Authors
Financial Services
Technology
Manufacturing
Professional Services
Retail
Healthcare
Energy
Real Estate
Telecommunications
Transportation and Logistics
Construction
Media and Entertainment
Consulting
Education
Legal
Human Resources
Corporate Secretariat
Finance
Compliance
Risk Management
Board Secretariat
Corporate Governance
Executive Office
Administration
Chief Executive Officer
Managing Director
Executive Director
Chief Financial Officer
Chief Operating Officer
General Manager
Country Manager
Division Director
Board Member
Commercial Director
Operations Director
Regional Manager
Business Unit Director
Deputy Director
Interim Manager
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