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General Manager Contract Of Employment

General Manager Contract Of Employment Template for Denmark

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General Manager Contract Of Employment

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Document background
The General Manager Contract Of Employment is a specialized employment agreement designed for executive-level positions in Denmark. It is used when appointing senior managers who will have significant responsibility for company operations and strategic decision-making. The document must comply with Danish employment law, particularly the Salaried Employees Act (Funktionærloven) and the Danish Act on Employment Contracts (Ansættelsesbevisloven). It typically includes comprehensive terms covering executive compensation, performance metrics, strategic responsibilities, and corporate governance obligations. This contract type is essential for establishing clear parameters around executive authority, reporting relationships, and performance expectations while protecting both the company's interests and the manager's rights under Danish law.
Suggested Sections

1. Parties: Identification of the employer company and the general manager

2. Background: Context of the appointment and any relevant company information

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 mobility requirements

7. Working Hours: Expected working hours and flexibility requirements

8. Remuneration: Base salary, review periods, and payment terms

9. Benefits: Standard benefits package including pension, insurance, and other perks

10. Holidays and Leave: Holiday entitlement and other leave provisions as per Danish Holiday Act

11. Illness and Absence: Procedures for reporting illness and payment during sick leave

12. Confidentiality: Obligations regarding company confidential information

13. Intellectual Property: Rights and obligations regarding IP created during employment

14. Data Protection: Compliance with GDPR and Danish Data Protection Act

15. Termination: Notice periods and termination provisions

16. Garden Leave: Company's right to place the manager on garden leave

17. Return of Company Property: Obligations upon termination regarding company assets

18. Governing Law and Jurisdiction: Confirmation of Danish law application and jurisdiction

Optional Sections

1. Non-Competition: Post-employment restrictions on working for competitors, used when protecting business interests is crucial

2. Non-Solicitation: Restrictions on approaching employees/clients, used when protecting business relationships is important

3. Board Positions: Terms for holding board positions, used when the manager may serve on company boards

4. International Travel: Terms for international duties, used when role requires significant travel

5. Relocation: Relocation assistance terms, used when manager is moving for the position

6. Change of Control: Provisions for company ownership changes, used in listed or acquisition-target companies

7. External Directorships: Terms for holding external board positions, used when allowing other professional engagements

8. Training and Development: Specific professional development terms, used when including executive education provisions

Suggested Schedules

1. Bonus Scheme: Detailed terms of any performance-related bonus arrangements

2. Share Options: Terms of any share option or equity participation schemes

3. Company Car Policy: Details of company car or car allowance arrangements

4. Expenses Policy: Guidelines for business expense claims and reimbursement

5. IT Policy: Rules regarding use of company IT systems and equipment

6. Corporate Policies: Key company policies applicable to the position

7. Job Description: Detailed description of responsibilities and performance expectations

8. Benefits Summary: Comprehensive overview of all benefits and perquisites

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Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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