Letter to Members re Location of Directors’ Service Contracts (s.228)

A company must keep available for inspection a copy of every director’s service contract with the company (or written memorandum if the contract is not in writing) (s.228 Companies Act 2006).

This contrasts with an ordinary employee’s contract of employment, which is kept on the personnel file of a company and is confidential.

Use this letter to notify members where directors’ service contracts are available for inspection (s.228)

This is a template letter to members informing them that, in accordance with section 228, the company has available for inspection a copy of every director’s service contract (or memorandum) at its registered office (or SAIL).

Retention of the contract or memorandum

The contract (or memorandum) must be retained by the company for at least one year from the date of termination or expiry of the contract.

Letter to Members re Location of Directors’ Service Contracts (s.228) is part of Corporate. Just £38.50 + VAT provides unlimited downloads from Corporate for 1 year.