This agreement regulates the company’s relationship with its management board member in his capacity as such.
It governs the following key matters, among others: board members’ specific role and duties, reporting obligations, non-compete, non-solicitation and confidentiality obligations, remuneration, and other benefits (if any), holiday and terms for early termination of the agreement.
Please note that management board members are not automatically entitled to statutory legal protection and social guarantees applicable to employees.