Director's & Executive Service Agreement

This template for a Director’s & Executive Service Agreement is a comprehensive document designed for directors and executives of private limited companies. It establishes clear terms and conditions of employment, ensuring clarity and transparency regarding roles, responsibilities, and expectations. The template provides legal protection for both the director and the company, covering aspects such as remuneration, benefits, and termination procedures. It includes clauses to safeguard the company's confidential information and intellectual property, and imposes post-termination restrictions like non-compete and non-solicitation to protect business interests. The template also ensures compliance with corporate governance standards and outlines procedures for dispute resolution.  Additionally, it offers flexibility to tailor the terms to specific needs, fostering a productive and legally sound working environment.  Key provisions include definitions, employment terms, duties, conflicts of interest, place of work, hours, remuneration, expenses, pension, benefits, incapacity, holidays, training, confidentiality, intellectual property rights, data protection, disciplinary and grievance procedures, termination rights, garden leave, and post-termination obligations. This template as a vital tool for aligning the expectations and obligations of both parties, promoting a harmonious and effective professional relationship. 

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Publisher’s Notice:

Note: This publication does not necessarily deal with every important topic, nor cover every aspect of the topics with which it deals. Templates do not include or provide legal or other advice to users. They are designed to provide a head-start to the development of a commercial agreement and are not the finished article. They require careful reading, analysis and customisation in order to meet the particular needs of the parties to the document. 

All templates and other documents downloaded from this website are subject to our Terms of Sale. 

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Publisher: Atkins-Shield Ltd: Company No. 11638521 
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