Directors' Service Contracts

The appointment of a director is of crucial importance to any company, and as such having a Directors' Service Contract in place is vital.

The Directors Service Contracts subfolder contains different versions of the basic terms and conditions which may be used by a company in retaining a director, both with and without a payment in lieu of notice (PILON) provision and with and without a bonus share option.

Each document in the Directors Service Contracts subfolder is fully compliant with the Companies Act 2006 and has been updated in line with the state pension introduced by the Pensions Act 2014. This has resulted in the removal of the contracting out certificate clause.

These Directors Service Contracts are also available in the Employment Document Folder in the Directors' Service Contracts subfolder.

• Directors Employment Offer Letter
• Management Services Agreement
• Director’s Service Contract – Fixed Salary
• Director’s Service Contract - Bonus & Share Option Arrangements
• Letter to Members re Director’s Proposed Long Term Service Contract (s.188)
• Shareholders’ Ordinary Resolution – Approving a Director’s Long Term Service Contract
• Shareholders’ Written Ordinary Resolution to Approve a Director’s Long Term Service Agreement
• Section 188(5) Memorandum to Approve Director’s Long Term Service Contract
• Letter to Members re Written Memorandum of terms for Director’s Service Contract (s.228)
• Section 228 Memorandum of Terms of Director’s Service Contract
• Letter to Members re Location of Directors’ Service Contracts (s.228)

Directors' Service Contracts is part of Corporate Documents. Just £35.00 + VAT provides unlimited downloads from Corporate Documents for 1 year.