Ƶ

All Countries
Corporate Governance
Agreement For Appointment Of Managing Director

Agreement For Appointment Of Managing Director Template for Philippines

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Agreement For Appointment Of Managing Director

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Agreement For Appointment Of Managing Director

"I need an Agreement for Appointment of Managing Director for a Philippine tech startup, appointing a new MD who will work remotely from Singapore 50% of the time and needs special provisions for stock options and international travel."

Celebrated by
Collaborations with
Investors
Document background
The Agreement For Appointment Of Managing Director is a fundamental corporate document used when a company needs to formally appoint a Managing Director in the Philippines. This document is essential for compliance with the Revised Corporation Code of the Philippines and SEC regulations, typically implemented following a board resolution approving the appointment. It comprehensively covers the terms of appointment, duties, powers, compensation, and termination provisions, while ensuring adherence to Philippine corporate governance standards. The agreement is particularly crucial for establishing clear lines of authority, protecting company interests, and providing legal certainty in the executive leadership structure. It should be customized based on company size, industry requirements, and whether the company is publicly listed or privately held.
Suggested Sections

1. Parties: Identification of the Company and the appointed Managing Director

2. Background: Context of the appointment and brief company information

3. Definitions: Key terms used throughout the agreement

4. Appointment and Term: Official appointment, position title, and duration of appointment

5. Duties and Responsibilities: Detailed description of the Managing Director's roles, duties, and scope of authority

6. Powers: Specific powers granted to the Managing Director to act on behalf of the company

7. Remuneration and Benefits: Salary, bonuses, stock options, and other benefits

8. Working Hours and Location: Expected time commitment and primary work location

9. Compliance and Governance: Obligation to comply with company policies, corporate governance requirements, and applicable laws

10. Confidentiality: Protection of company secrets and confidential information

11. Non-Competition and Non-Solicitation: Restrictions during and after employment

12. Performance Evaluation: Metrics and process for performance assessment

13. Termination: Grounds and procedures for termination, notice periods, and consequences

14. Post-Termination Obligations: Continuing obligations after the end of appointment

15. General Provisions: Standard clauses including governing law, notices, and entire agreement

16. Execution: Signature blocks and execution formalities

Optional Sections

1. Stock Options and Share-Based Compensation: Details of any equity-based compensation (for companies offering share-based incentives)

2. International Travel and Assignments: Terms for international responsibilities (for companies with global operations)

3. Corporate Social Responsibility: Special duties related to CSR (particularly for listed or large companies)

4. Intellectual Property Rights: IP provisions (especially important for technology or innovation-focused companies)

5. Related Party Transactions: Procedures for handling related party transactions (particularly important for listed companies)

6. Insurance and Indemnification: Additional protection and coverage details (for high-risk industries or upon request)

7. Representation on Board Committees: Additional board committee responsibilities (if applicable)

Suggested Schedules

1. Schedule 1: Detailed Remuneration Structure: Comprehensive breakdown of salary, bonuses, and benefits

2. Schedule 2: Performance Metrics: Detailed KPIs and performance evaluation criteria

3. Schedule 3: Company Policies: List of key company policies the Managing Director must comply with

4. Schedule 4: Powers of Attorney: Specific powers granted to the Managing Director

5. Schedule 5: Company Group Structure: Overview of company subsidiaries and related entities under MD's purview

6. Appendix A: Board Resolution: Copy of board resolution approving the appointment

7. Appendix B: Job Description: Detailed job description and reporting relationships

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions





































Clauses







































Relevant Industries

Financial Services

Manufacturing

Technology

Real Estate

Retail

Healthcare

Energy

Telecommunications

Construction

Professional Services

Agriculture

Mining

Transportation and Logistics

Education

Entertainment and Media

Relevant Teams

Legal

Human Resources

Corporate Secretariat

Board of Directors

Executive Management

Compliance

Corporate Governance

Risk Management

Internal Audit

Administration

Relevant Roles

Managing Director

Chief Executive Officer

Executive Director

Company Secretary

Corporate Lawyer

Head of Human Resources

Compliance Officer

Board Director

Chairman of the Board

Chief Legal Officer

Chief Operating Officer

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Director Loan To Company Agreement

A Philippine law-governed agreement documenting and regulating a loan from a director to their company, including terms, conditions, and regulatory compliance requirements.

find out more

Indemnification Agreement For Officers And Directors

A Philippine law-governed agreement establishing terms for corporate indemnification of directors and officers in relation to their official duties.

find out more

Director Indemnity Agreement

A Philippine law-governed agreement establishing terms for company indemnification of directors against liabilities and claims arising from their directorial duties.

find out more

Medical Director Contract Agreement

A Philippine-law governed agreement establishing terms and conditions for a Medical Director's employment in a healthcare facility.

find out more

Medical Director Contract For Medical Spa

A Philippine-law governed agreement establishing the terms and conditions for a Medical Director's oversight of a medical spa facility, including clinical, operational, and regulatory responsibilities.

find out more

Agreement For Appointment Of Managing Director

A Philippine law-governed agreement establishing terms and conditions for appointing a Managing Director, including duties, compensation, and governance requirements.

find out more

Managing Director Agreement

A Philippine law-governed agreement establishing the employment terms and conditions for a Managing Director, including duties, compensation, and obligations.

find out more

Exit Agreement For Director

A legally-binding agreement under Philippine law governing a director's departure from a corporation, addressing separation terms, obligations, and mutual releases.

find out more

Medical Director Agreement

A Philippine-law governed agreement establishing the terms and conditions for a Medical Director's appointment and services at a healthcare facility.

find out more

Chief Executive Officer Employment Agreement

A Philippine law-governed employment agreement establishing terms and conditions for a Chief Executive Officer's appointment and duties.

find out more

Casting Director Agreement

A Philippine law-governed agreement between a production company and casting director establishing terms for talent selection and casting services.

find out more

Nominee Director Indemnity Agreement

A Philippine law-governed agreement providing indemnification protection for nominee directors, establishing their rights and obligations while ensuring regulatory compliance.

find out more

Independent Director Agreement

A Philippine law-governed agreement establishing the appointment terms and conditions for an independent director, ensuring compliance with local SEC regulations and corporate governance requirements.

find out more

Managing Director Contract Of Employment

A Philippine law-governed employment contract establishing terms and conditions for a Managing Director position, including executive duties, compensation, and corporate responsibilities.

find out more

Nominee Director Agreement

A Philippine law-governed agreement establishing the terms and conditions for a nominee director's appointment and duties, ensuring compliance with local corporate regulations.

find out more

Company Director Agreement

A Philippine law-governed agreement establishing the terms and conditions of a director's appointment to a company's board, including duties, responsibilities, and compensation.

find out more

Executive Director Employment Contract

Philippine law-governed employment agreement for executive directors, outlining appointment terms, duties, compensation, and regulatory compliance requirements.

find out more

Directors Service Agreement

A Philippine law-governed agreement establishing the terms, duties, and obligations between a company and its director under Philippine corporate law.

find out more

Director Employment Contract

A comprehensive employment agreement for company directors in the Philippines, compliant with Philippine corporate and employment laws.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.