Federal Act
on the Amendment of the Swiss Civil Code
(Part Five: The Code of Obligations)


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Art. 735b

E. Term of con­tracts

 

1 The term of the con­tracts gov­ern­ing the re­mu­ner­a­tion of the mem­bers of the board of dir­ect­ors may not ex­ceed their term of of­fice.

2 The term of lim­ited con­tracts and the no­tice of ter­min­a­tion for un­lim­ited con­tracts that gov­ern the re­mu­ner­a­tion of the mem­bers of the ex­ec­ut­ive board and the board of ad­visors may amount to a max­im­um of one year.

 
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