Directors' Service Contracts
Directors Service Contracts are designed for companies seeking to employ directors.
Officially, a director is an officer of the company and not an employee. As such, he or she has no right of remuneration unless the company's articles state otherwise. In theory, therefore, he or she will not need an employment contract or agreement. However, the director may also be employed in another capacity - e.g. as a finance or managing director. In that instance, he or she will be considered an executive director and will require an employment contract.
These Directors Service Employment Contracts have been updated with a General Data Protection Regulation (GDPR)-compliant data processing clause. After 25 May 2018, employers must use this clause, as employers will not be able to rely on existing generic consent clauses.
These Directors Service Employment Contracts are compliant with the Companies Act 2006.
These Directors Service Contracts are also available in the Corporate Document Folder in the Directors' Service Contracts sub-folder.
Directors Service Contracts are part of the Employment document folder. Get access to all of these documents only for £35+VAT.