Employment Agreement Director

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11.1 In the event of a conflict between the specific terms of this agreement and previous employment contracts, this agreement replaces this agreement and is binding. 8.4 The Director may not participate in matters of agreements between the company and the director himself, nor in matters relating to legal actions against the director. The same applies to issues between the company and a third party or legal actions against third parties where the director has a core interest in it, which goes against the interests of the company. In these cases, the director informs the board of directors or the general meeting. 9.2 Disputes between the parties over this agreement are first resolved by an amicable settlement between the parties. If such a solution cannot be found, the dispute is settled by the courts of INSERT COURTS. 5.2 Cumulative or unused vacations cannot be carried forward to the following calendar year without further agreement between the company and the Board of Directors General. 7.2 If the director due to illness has not been able to perform his work during a period of number of months during a period of number of months, the company has the right to terminate the contract with the period of months number at the end of the month. Executive directors have considerable powers and responsibilities for many aspects of the business and it is therefore essential that a director`s rights and obligations are properly defined and defined in a legally binding document. Today, the law requires a company to provide written terms of employment to a director as to any other employee. For both parties, it is advantageous to rewrite the package in an employment contract (for managers, also known as the manager`s service contract) rather than in a few words the company. At MBM Commercial, our team of labour law experts advises on the most appropriate and important provisions to include in your GENERAL Manager`s service contract and provides a comprehensive contract that oversees your particular circumstances. We will work hard to understand the unique issues that affect you as a person and work with you to identify the security measures needed to be included in a service contract.

8.3 All ideas, inventions, modifications, improvements, methods, formulas, codes, software, designs, recipes, materials, know-how, drawings, drawings, maps and other intellectual property rights, including all rights to which the Director participated during his employment, belong to the company without further payment.