Managing Directors

Liesbeth Franx, Arlette Putker-Blees and Hanneke Klinckhamers of L&A lawyers regularly advise on the employment-law and other aspects involved in the position of statutair directeur (managing director pursuant to the articles of association).

The position of managing director is exceptional, since it is governed by both employment law and corporate law. In some cases co-determination also plays a part in the relationship between the managing director and the company. In practice that complexity frequently gives rise to questions, for instance regarding the drafting of employment contracts and their special provisions, the appointment and removal from office of managing directors, and golden parachute agreements. Answering these questions, drafting the contracts and supervising dismissal procedures is daily practice at L&A.