Managing Director Employment Contract

Name: Managing Director Employment Contract
Brand: SheriaPlex
SKU: DOC-1000
Price: 150 KES
Availability: InStock

Document Type

DOCX

Pages

Price: KES 150

Get Document Now

Professionally Drafted

Fully Customizable

12,000+ Happy Customers

Instant Delivery

Document Overview

A Managing Director Employment Contract is a formal legal agreement between a company and an individual appointed as its Managing Director (MD).

Here is a breakdown of typical elements included in the contract:
1. Parties to the Agreement
2. Job Title and Appointment
3. Term of Employment
4. Duties and Responsibilities
5. Place of Work and Travel
6. Working Hours and Availability
7. Remuneration
8. Leave Entitlements
9. Performance Evaluation
10. Confidentiality
11. Conflict of Interest
12. Intellectual Property
13. Non-Compete and Non-Solicitation
14. Termination Clause
15. Return of Company Property
16. Dispute Resolution
17. Governing Law
18. Signatures

Purpose of a Managing Director Employment Contract:
1. It specifies the MD's leadership role, reporting line to the Board, and control over company operations and personnel.
2. It aligns with Kenya’s employment, tax, and corporate laws to protect both the company and the MD.
3. It outlines salary, performance bonuses, allowances, benefits, and equity (if applicable).
4. Through clauses on confidentiality, conflict of interest, and non-compete, it secures sensitive company information and goodwill.
5. It outlines how and when either party can terminate the relationship and the rights and obligations post-exit.

Order for an editable sample template here on Sheriaplex.

Document Preview Below
Purchase now to receive the complete document instantly.

Preview

End of Preview
Purchase now to access the complete document.

Managing Director Employment Contract

Document Overview

Preview

Related Legal Documents