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Managerial Agreement
"I need a Managerial Agreement for a new Regional Sales Director position in our Manila-based technology company, covering standard management responsibilities plus specific provisions for managing teams across multiple Southeast Asian countries, with an expected start date of March 1, 2025."
1. Parties: Identification of the employer company and the manager, including complete legal names and addresses
2. Background: Context of the appointment and brief description of the company's business
3. Definitions: Key terms used throughout the agreement, including definition of managerial capacity as per Philippine Labor Code
4. Appointment and Term: Official designation, position title, and duration of appointment (fixed-term or indefinite)
5. Duties and Responsibilities: Detailed outline of managerial duties, scope of authority, and reporting relationships
6. Work Location and Hours: Primary work location and acknowledgment of flexible hours nature of managerial position
7. Compensation and Benefits: Base salary, bonuses, allowances, and statutory benefits as per Philippine law
8. Performance Review: Performance evaluation process, frequency, and impact on compensation
9. Confidentiality: Protection of company confidential information and trade secrets
10. Intellectual Property: Ownership of work products and innovations developed during employment
11. Non-Competition and Non-Solicitation: Restrictions on competitive activities during and after employment
12. Termination: Grounds for termination, notice periods, and procedures as per Philippine Labor Code
13. Governing Law: Specification of Philippine law as governing law and jurisdiction
14. Entire Agreement: Integration clause and amendment procedures
1. Probationary Period: Include if the position is subject to an initial probationary period (up to 6 months as per Philippine Labor Code)
2. International Travel: Include if position requires international travel, specifying travel allowances and insurance
3. Stock Options/Equity: Include if manager is eligible for company stock options or equity participation
4. Relocation: Include if position requires relocation, detailing relocation assistance and terms
5. Corporate Governance: Include for senior management positions with corporate governance responsibilities
6. Data Protection: Include detailed data protection obligations if manager handles sensitive personal data
7. Force Majeure: Include provisions for handling unforeseen circumstances affecting employment
8. Alternative Dispute Resolution: Include if parties prefer specific dispute resolution mechanisms before litigation
1. Schedule 1 - Job Description: Detailed description of role, responsibilities, and key performance indicators
2. Schedule 2 - Compensation Package: Detailed breakdown of salary, benefits, bonuses, and other financial terms
3. Schedule 3 - Company Policies: Key company policies applicable to managerial positions
4. Schedule 4 - Benefit Plans: Details of applicable benefit plans including healthcare, insurance, and retirement
5. Schedule 5 - Performance Metrics: Specific performance targets and evaluation criteria
6. Appendix A - Confidential Information: Definition and examples of confidential information specific to the role
7. Appendix B - Approved Outside Activities: List of pre-approved external professional activities or board positions
8. Appendix C - Reporting Structure: Organizational chart showing reporting relationships and span of control
Authors
Manufacturing
Financial Services
Technology
Retail
Healthcare
Education
Construction
Hospitality
Telecommunications
Professional Services
Real Estate
Energy
Agriculture
Mining
Transportation and Logistics
Human Resources
Legal
Executive Management
Operations
Finance
Administration
Corporate Governance
Compliance
Risk Management
General Manager
Operations Manager
Financial Controller
HR Manager
Sales Director
Marketing Manager
Production Manager
Department Head
Regional Manager
Branch Manager
Project Manager
Division Chief
Executive Director
Managing Director
Chief Operating Officer
Vice President
Country Manager
Business Unit Head
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