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