Article 275. Labor contract with an organization head

A labor contract with an organization head is to be concluded for the period specified in the organization by-laws or upon agreement of the parties.

Laws, other statutory, acts, or organization by-laws may set particular procedures prior the contract conclusion (i.e. competition, election, designation, etc.).

Article 276. Off-hour jobs of organization head

The organization head has the right to hold paid posts in other organizations only upon agreement of the organization-authorized body, property owner, or authorized agent (body) of the owner.

The organization head has no right to participate in inspection and control bodies of this organization.

Article 277. Liability of organization leader

The organization leader bears full liability for the damage caused to the organization.

In the events foreseen by the federal law an organization head repair the loss inflicted to the organization by his culpable activity. The losses are estimated in accordance with the norms fixed by the civil legislation.

Article 278. Additional grounds for cancellation of the labor contract with organization head

In addition to the grounds listed in the present Code and other federal laws the labor contract with an organization head may be cancelled on the following reasons:

removal the organization head being a debtor from his post in accordance with the bankruptcy legislation;

decision of the authorized body of organization, organization property owner, or authorized person (body) of the owner about pre-term cancellation of the labor contract;

other reasons specified in the labor contract.

Article 279. Cancellation of the labour contract with organization head according to decision of the authorized body of organization, organization property owner, or authorized person (body) of the owner

In the event of pre-term cancellation of the labor contract with organization leader under decision of the authorized body of organization, organization property owner, or authorized person (body) of the owner without culpable activity (omission of activity) of the head he (she) is paid compensation for pre-term cancellation of the contract in the amount specified in the labor contract.

Article 280. Pre-term cancellation of the labor contract by an organization head

An organization head has the right to cancel the labor contract before expiration of its date with written notification of the employer (property owner, his representative) not later that for one month in advance.