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Executive Employment Agreement
"I need an Executive Employment Agreement for hiring a new CFO in Singapore starting March 2025, including share options and specific performance targets for the financial services sector, with a strong focus on compliance with MAS regulations."
1. Parties: Identification of the employer company and the executive employee
2. Background: Context of the employment relationship and basis for the agreement
3. Definitions: Key terms and their meanings used throughout the agreement
4. Appointment and Term: Executive's position, appointment details, and duration of employment
5. Remuneration and Benefits: Base salary, bonuses, allowances, and other benefits
6. Working Hours and Leave: Work schedule, annual leave, sick leave, and other time-off provisions
7. Duties and Responsibilities: Executive's role, authority, and performance expectations
8. Confidentiality: Protection of company confidential information and trade secrets
9. Intellectual Property: Ownership and rights to inventions, works created during employment
10. Non-Competition and Non-Solicitation: Post-employment restrictions on competition and employee/client solicitation
11. Termination: Grounds for termination, notice periods, and consequences
1. Equity Participation: Terms of stock options, share schemes, or other equity compensation
2. Change of Control: Provisions relating to company ownership changes or mergers
3. Garden Leave: Terms for paid leave during notice period with restricted activities
4. International Assignment: Terms specific to overseas postings or international work
5. Director Provisions: Additional terms if executive serves as company director
1. Schedule 1: Compensation Package: Detailed breakdown of salary, bonuses, and benefits structure
2. Schedule 2: Job Description: Detailed outline of role, responsibilities, and reporting structure
3. Schedule 3: Company Policies: Reference to applicable company policies and procedures
4. Schedule 4: Performance Metrics: KPIs and performance evaluation criteria
5. Appendix A: Share Option Plan: Details of any equity compensation arrangements
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