The General Manager Contract Of Employment is a crucial document for establishing senior executive employment relationships in Saudi Arabia. It is specifically designed for organizations requiring a comprehensive agreement that complies with Saudi Labor Law while addressing the unique aspects of executive management positions. This contract type is essential when appointing individuals to high-level management roles, ensuring clear delineation of authority, responsibilities, and performance expectations. The document incorporates mandatory requirements under Saudi employment regulations, including Saudization policies, while also addressing executive-specific matters such as strategic decision-making authority, board reporting relationships, and protection of company interests. It is particularly important for establishing clear governance structures and risk management frameworks in accordance with Saudi corporate regulations.
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1. Parties: Identification of the employer company and the General Manager, including full legal names and addresses
2. Background: Brief context of the appointment and the company's business
3. Definitions: Key terms used throughout the agreement including 'Company', 'Board', 'Confidential Information', etc.
4. Appointment and Term: Position details, commencement date, and duration (fixed-term or unlimited)
5. Duties and Responsibilities: Detailed description of the General Manager's role, authority, and reporting structure
6. Place of Work: Primary work location and potential travel requirements
7. Working Hours and Leave: Standard working hours, flexibility expectations, and leave entitlements as per Saudi Labor Law
8. Remuneration and Benefits: Base salary, allowances, bonuses, and other benefits
9. Performance Evaluation: KPIs, evaluation criteria, and review periods
10. Confidentiality: Obligations regarding company information and trade secrets
11. Intellectual Property: Ownership of work products and innovations
12. Non-Competition and Non-Solicitation: Post-employment restrictions in accordance with Saudi law
13. Termination: Grounds for termination, notice periods, and consequences
14. Governing Law and Jurisdiction: Confirmation of Saudi law application and dispute resolution mechanism
1. Probationary Period: Include when the company wants to implement an initial trial period (up to 90 days under Saudi law)
2. Share Options/Equity Participation: Include when offering company ownership or share options as part of compensation
3. International Travel: Include when role requires significant international travel or overseas responsibilities
4. Housing and Relocation: Include when providing accommodation or relocation assistance
5. Family Benefits: Include when offering specific benefits for family members
6. Acting Positions: Include when GM might need to cover other executive roles temporarily
7. Subsidiary Responsibilities: Include when GM will have responsibilities across multiple group companies
1. Schedule 1 - Compensation Package: Detailed breakdown of salary components, allowances, and benefits
2. Schedule 2 - Job Description: Detailed scope of responsibilities and authority limits
3. Schedule 3 - Performance Metrics: Specific KPIs and bonus calculation methodology
4. Schedule 4 - Company Policies: Key company policies applicable to the role
5. Schedule 5 - Benefits Summary: Detailed description of all benefits including insurance, car allowance, etc.
6. Appendix A - Power of Attorney: If applicable, specific authorities granted to act on behalf of the company
7. Appendix B - Restricted Activities: Detailed list of prohibited activities under non-compete provisions
Relevant legal definitions
Clauses
Relevant Industries
Manufacturing
Retail
Technology
Financial Services
Healthcare
Construction
Hospitality
Education
Professional Services
Transportation
Energy
Telecommunications
Real Estate
Entertainment
Industrial
Relevant Teams
Human Resources
Legal
Executive Management
Board Secretariat
Compliance
Corporate Governance
Finance
Operations
Administration
Relevant Roles
General Manager
Managing Director
Chief Executive Officer
Country Manager
Regional Director
Executive Director
Division Head
Branch Manager
Operations Director
Senior Vice President
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