A Sample Contract for Business Development Manager

A business development manager is an important role in any company. As the person responsible for identifying new business opportunities and strategies, a business development manager is instrumental in a company’s growth and success. However, to ensure that the relationship between the business development manager and the company is a mutually beneficial one, a contract is typically signed to clarify the expectations and responsibilities of both parties.

Here is a sample contract for a business development manager that outlines important terms and conditions:

1. Scope of Work

The business development manager shall be responsible for identifying and pursuing new business opportunities for the company. This may include but is not limited to:

– Researching and identifying market trends, customer needs and preferences, and competitor activities;

– Developing new business strategies and initiatives;

– Building and maintaining relationships with potential clients and partners;

– Negotiating contracts and agreements with clients and partners.

2. Compensation

The business development manager shall be compensated for their services according to the terms specified in their employment agreement. This compensation may include a base salary as well as bonuses or commissions based on the manager’s performance in generating new business and revenue for the company.

3. Term of Employment

The business development manager shall be employed for an initial term of [insert number of months/years]. This term may be renewed or extended by mutual agreement of both parties.

4. Termination

Either party may terminate this agreement at any time and for any reason upon [insert number of days/weeks] written notice to the other party. In the event of termination, the business development manager shall be entitled to receive any compensation due to them up to the date of termination.

5. Confidentiality and Non-Compete

During the course of their employment, the business development manager may have access to confidential information about the company, its clients, and its business practices. The business development manager agrees to maintain the confidentiality of this information and not to disclose it to any third party without the company’s prior written consent. Additionally, the business development manager agrees not to compete with the company or solicit its clients for a period of [insert number of months/years] following the termination of their employment.

6. Governing Law

This contract shall be governed by and construed in accordance with the laws of the state of [insert state]. Any disputes arising under or in connection with this agreement shall be resolved in accordance with the dispute resolution procedures set forth in this agreement.

In conclusion, a sample contract for a business development manager is an important document that clarifies the expectations and responsibilities of both parties. By outlining the terms and conditions of employment, compensation, termination, confidentiality, non-compete, and governing law, this contract ensures that the relationship between the business development manager and the company is a mutually beneficial one.