Chairman And Managing Director Agreement

5. Dezember 2020 Aus Von ROCT

The board of directors decides the contractual terms on behalf of the company and negotiates them with the manager. However, the manager`s agreement is not legally an employment contract. For this reason, the Director General may be removed from his duties without notice, as long as a notice has not been the subject of a separate agreement. The Board of Directors may, at any time, dismiss the Director General for no specific reason. If the termination is carried out in accordance with the provisions of the management agreement, the manager must not refer to a provision or law to improve his situation. As a result, termination compensation clauses and more specific termination provisions are generally included in a management agreement. Service contract Management contract between ROFIN-SINAR Laser GmbH, represented by the general meeting of shareholders, represented by Mr. [1) ROFIN-SINAR Laser GmbH, represented by the general meeting of shareholders, represented by Mr. [GmbH“ – below – „GmbH“ – below „GmbH“ – and (2) Mr Thomas Merk, [2) Mr Thomas Merk, [2] – `Mr Merk` – `Mr Merk` – `Mr Merk` – `Mr Merk` – pre-preamble Mr Merk Mr Merk accepted the appointment of Director General of the GmbH.

Mr. Merk`s activity as manager of the LLC is based on the subsequent service contract, which governs the reciprocal rights and obligations of the contracting parties. Mr. Merk has been appointed Director General of the SARL. Mr. Merk has accepted his appointment as Director General of the SARL. Mr. Merk`s work as manager of the LLC is based on the following enterprise agreement which, in the event of termination without teufz reason, could compensate the compensation manager for the period during which the manager`s contract would have been pursued if it had been concluded for a fixed period or for a period corresponding to the termination period. , if this had been agreed in the management contract. In addition, the manager may be entitled to damages. If the manager resigns without the fair reason mentioned in the agreement, the company can claim compensation for breach of contract through legal proceedings.