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Updated 23.05.2024

Contract for employment of executive director 

A contract to employ a managing director or senior executive on a paid basis.

Use this contract: 

  • If you are a company, business or association and wish to hire a director or senior manager.
  • Whether or not the director is appointed to the board of directors or managers at the same time.
  • Whether the contract is open-ended or fixed-term, full-time or part-time.
  • Whether the salary is gross or net, annual or monthly, paid in 12 or 13 monthly instalments, or otherwise.
  • When you want to include more benefits, obligations or restrictions than are provided for by law.

10€/document

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This agreement is governed by laws of England and Wales whatever the place of work

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Protect yourself legally as an employer with the following options: 

  • Restrictions on non-disclosure, non-solicitation, and non-competition, even after employment, with penalties. 
  • Extensive monitoring measures, obligation to record working hours and submit to regular checks. 
  • Clear definition of working hours and breaks, with a general obligation to work overtime, travel and take business trips. 
  • Possibility of payment in lieu of dismissal leave, suspension from work as a disciplinary measure, and immediate termination for cause. 
  • Duty of loyalty, diligence, and obligation to return equipment and tools in the same condition, with limits on coverage of expenses and use of equipment or vehicles. 

Offer the following protection and benefits to the director: 

  • Bonuses and benefits of all kinds, including training funding, sales commission, performance-based and non-performance-based bonuses. 
  • Longer holidays, extended redundancy leave, no trial period and seniority pay. 
  • Salary net of any tax or social security contributions, 13th salary and shorter payment periods. 
  • Flexible working hours, paid lunch break and home office policy. 
  • Company car or card, parking space, equipment, tools, and other expenses covered, including lump-sum payments. 
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