The General Manager Contract Of Employment is a crucial document used when appointing senior management personnel in Canadian organizations. It serves as a comprehensive agreement that defines the employment relationship, responsibilities, and terms between a company and its General Manager. This contract is essential for businesses operating under Canadian jurisdiction, whether they are large corporations or growing enterprises, and must comply with both federal and provincial employment laws. The document typically includes detailed provisions for compensation, benefits, performance expectations, confidentiality, intellectual property protection, and termination conditions. It's particularly important for establishing clear parameters around executive duties, reporting relationships, and protection of company interests, while ensuring adherence to Canadian employment standards and business practices.
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1. Parties: Identification of the employer company and the General Manager, including full legal names and addresses
2. Background: Context of the employment relationship, including the purpose of the agreement and brief company description
3. Definitions: Key terms used throughout the agreement, including Company, Confidential Information, Intellectual Property, Cause, etc.
4. Position and Duties: Detailed description of the role, responsibilities, reporting relationships, and performance expectations
5. Term and Commitment: Duration of the agreement, whether fixed-term or indefinite, and commitment to full-time service
6. Compensation: Base salary, bonus structure, and review mechanisms
7. Benefits and Expenses: Health benefits, insurance, expense reimbursement, and other standard benefits
8. Vacation and Leave: Annual vacation entitlement, paid holidays, and other authorized leaves
9. Confidentiality: Protection of company confidential information and trade secrets
10. Intellectual Property: Ownership and assignment of work product and innovations
11. Non-Competition and Non-Solicitation: Post-employment restrictions on competitive activities and solicitation of employees/customers
12. Termination: Grounds for termination, notice periods, and severance obligations
13. Return of Property: Obligation to return company property upon termination
14. Governing Law: Applicable law and jurisdiction
15. General Provisions: Standard boilerplate clauses including entire agreement, amendments, and severability
1. Equity Compensation: Details of stock options, RSUs, or other equity-based compensation, used when the company offers equity as part of compensation
2. Working Location and Relocation: Specific provisions about work location and any relocation assistance, used when relocation is required or remote work is permitted
3. International Travel: Terms related to international travel requirements and compensation, used when the role requires significant travel
4. Change of Control: Provisions dealing with company sale or merger, used when protection during ownership changes is needed
5. Performance Targets: Specific KPIs and performance expectations, used when bonus or continuation is tied to specific metrics
6. Board Position: Terms related to board membership if applicable, used when the GM will also serve on the board
7. Indemnification: Company's obligation to indemnify the executive, used when role involves significant decision-making liability
8. Insurance Requirements: Specific insurance coverage requirements, used when role requires additional insurance protection
1. Schedule A - Duties and Responsibilities: Detailed list of specific duties, responsibilities, and authority levels
2. Schedule B - Compensation Structure: Detailed breakdown of all compensation elements including bonus calculations
3. Schedule C - Benefits Package: Comprehensive list of benefits and eligibility requirements
4. Schedule D - Equity Compensation Plan: Details of any stock option or equity compensation plans
5. Schedule E - Confidential Information: Specific definition and examples of confidential information
6. Schedule F - Company Policies: Key company policies that form part of the employment agreement
7. Appendix 1 - Performance Metrics: Specific KPIs and performance evaluation criteria
8. Appendix 2 - Approved Outside Activities: List of pre-approved board positions or other external commitments
Authors
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Retail
Technology
Financial Services
Healthcare
Professional Services
Hospitality
Construction
Transportation
Energy
Telecommunications
Real Estate
Education
Non-Profit
Entertainment
Relevant Teams
Human Resources
Legal
Executive Leadership
Operations
Finance
Administration
Corporate Governance
Compliance
Risk Management
Relevant Roles
General Manager
Managing Director
Chief Operating Officer
Operations Director
Regional Manager
Business Unit Manager
Divisional Manager
Branch Manager
Department Head
Senior Operations Manager
Executive Director
Country Manager
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