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General Manager Contract Of Employment
"I need a General Manager Contract of Employment for a technology startup in Hong Kong, incorporating share options and flexible working arrangements, with strong IP protection clauses as the role involves access to our core technology development."
1. Parties: Identification of the employer company and the general manager
2. Background: Brief context of the appointment and any relevant corporate background
3. Definitions: Key terms used throughout the agreement
4. Appointment and Term: Position details, commencement date, and term of employment (fixed or continuous)
5. Duties and Responsibilities: Detailed description of the general manager's role, authority, and reporting lines
6. Place of Work: Primary workplace location and any travel requirements
7. Hours of Work: Expected working hours while acknowledging the flexible nature of the executive position
8. Remuneration: Base salary, review periods, and payment arrangements
9. Bonus and Incentives: Performance bonus structure, criteria, and other incentive schemes
10. Benefits: Standard benefits including insurance, MPF, leave entitlements, and expense reimbursement
11. Confidentiality: Protection of company confidential information and trade secrets
12. Intellectual Property: Ownership and assignment of IP created during employment
13. Restrictive Covenants: Non-compete, non-solicitation, and other post-employment restrictions
14. Termination: Grounds for termination, notice periods, and procedures
15. Company Policies: Compliance with company policies and procedures
16. Governing Law: Hong Kong law as governing law and jurisdiction
17. General Provisions: Standard boilerplate clauses including entire agreement, amendments, and notices
1. Probationary Period: Include if the general manager will be subject to a probationary period
2. Share Options: Include if share options or equity participation is part of the compensation package
3. International Travel: Include if role requires significant international travel or overseas postings
4. Garden Leave: Include if the company wants the right to place the executive on garden leave
5. Directorship: Include if the general manager will also serve as a company director
6. Change of Control: Include provisions dealing with change in company ownership
7. Relocation: Include if relocation assistance or expenses are provided
8. Data Protection: Include detailed data privacy provisions if handling sensitive data
9. Force Majeure: Include provisions for extraordinary circumstances affecting employment
1. Schedule 1 - Duties and Responsibilities: Detailed list of specific duties, authorities, and key performance indicators
2. Schedule 2 - Compensation Package: Detailed breakdown of salary, bonus structure, and benefits
3. Schedule 3 - Share Option Terms: Details of any share option or equity participation scheme
4. Schedule 4 - Expense Policy: Specific policies regarding expense claims and reimbursement
5. Schedule 5 - Company Policies: Key company policies specifically applicable to the general manager role
6. Appendix A - Restrictive Covenants: Detailed terms of post-employment restrictions and non-compete obligations
7. Appendix B - Benefits Summary: Comprehensive overview of all benefits and entitlements
Authors
Manufacturing
Financial Services
Technology
Retail
Healthcare
Professional Services
Real Estate
Hospitality
Logistics
Construction
Education
Telecommunications
Media and Entertainment
Energy
Consumer Goods
Human Resources
Legal
Senior Management
Executive Office
Corporate Governance
Board Secretariat
Compensation & Benefits
Talent Management
Corporate Affairs
Operations
General Manager
Managing Director
Country Manager
Regional Manager
Chief Operating Officer
Division Head
Senior Vice President
Executive Director
Business Unit Head
Operations Director
Branch Manager
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