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Compensation Agreement for Management Services

If your small business is managed by a principal shareholder, set out the terms of the management compensation with this Compensation Agreement for Management Services.

Provisions of the Compensation Agreement include:
  • The annual compensation payable to the shareholder manager under the Agreement will be paid in instalments on regular payroll dates.

  • The shareholder manager will also receive an annual bonus calculated as a percentage of net profits.

  • The shareholder manager is entitled to all pension, medical and other benefits available to other employees.

This Compensation Agreement for Management Services is available as a downloadable and fully editable Microsoft Word file.





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