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Agreement Between Director And Company
"I need an Agreement Between Director And Company for appointing a new executive director to our UAE-based technology company, starting March 1, 2025, including provisions for share options and international travel requirements."
1. Parties: Identification of the company and the director, including full legal names and addresses
2. Background: Context of the appointment and brief description of the company's business
3. Definitions: Definitions of key terms used throughout the agreement
4. Appointment and Term: Terms of appointment, duration, and renewal provisions
5. Duties and Responsibilities: Detailed description of director's duties, including statutory obligations under UAE law
6. Time Commitment: Expected time dedication to the role and attendance requirements
7. Remuneration: Details of fees, allowances, and any other benefits
8. Expenses: Policy on reimbursement of expenses incurred in role performance
9. Confidentiality: Obligations regarding confidential information and trade secrets
10. Conflicts of Interest: Procedures for declaring and handling conflicts of interest
11. Board Meetings and Procedures: Requirements for participation in board meetings and decision-making processes
12. Compliance with Laws and Policies: Obligation to comply with UAE laws and company policies
13. Termination: Grounds and procedures for termination of the appointment
14. Post-Termination Obligations: Continuing obligations after the end of the appointment
15. General Provisions: Standard clauses including governing law, notices, and entire agreement
1. Executive Duties: Additional section for executive directors detailing operational responsibilities
2. Share Options and Long-Term Incentives: For arrangements including equity-based compensation
3. International Travel: For roles requiring significant international travel
4. Subsidiary Board Appointments: For directors serving on multiple boards within a group
5. Insurance and Indemnification: Detailed provisions for director's liability insurance and company indemnification
6. Non-Competition: Restrictions on competing activities during and after directorship
7. Training and Development: Requirements for ongoing professional development and training
8. Corporate Governance Requirements: Specific section for listed companies or regulated entities
1. Schedule 1 - Remuneration Details: Detailed breakdown of compensation package including fees, benefits, and payment terms
2. Schedule 2 - Position Description: Detailed description of the role, responsibilities, and performance expectations
3. Schedule 3 - Company Policies: List of key company policies applicable to the director
4. Schedule 4 - Board Committee Memberships: List of committee appointments and associated responsibilities
5. Schedule 5 - Approved Outside Directorships: List of pre-approved external board positions
6. Appendix A - Declaration of Interests: Template for declaring personal interests and potential conflicts
7. Appendix B - Expense Policy: Detailed policy on claiming and documenting expenses
Authors
Appointment
Articles of Association
Board
Board Committees
Business Day
Company
Company Group
Confidential Information
Corporate Governance Code
Director
Effective Date
Executive Duties
Financial Year
Governing Law
Group Company
Intellectual Property Rights
Material Interest
Parent Company
Parties
Related Parties
Remuneration
SCA
Shareholders
Subsidiary
Term
Territory
UAE
Board Resolution
Conflict of Interest
Control
Directors' Duties
Good Industry Practice
Memorandum of Association
Professional Conduct
Regulatory Requirements
Trade Secrets
Commercial Companies Law
Applicable Laws
Board Meeting
Appointment
Term and Renewal
Duties and Responsibilities
Time Commitment
Board Meetings
Board Committees
Remuneration
Expenses
Benefits
Share Options
Confidentiality
Intellectual Property
Data Protection
Conflicts of Interest
Related Party Transactions
Non-Competition
Non-Solicitation
Company Policies
Compliance
Corporate Governance
Insurance and Indemnification
Termination
Garden Leave
Post-Termination Obligations
Company Property
Notices
Force Majeure
Assignment
Severability
Entire Agreement
Variation
Waiver
Third Party Rights
Counterparts
Governing Law
Dispute Resolution
Regulatory Compliance
Representation and Warranties
Financial Services
Technology
Real Estate
Healthcare
Manufacturing
Retail
Energy
Telecommunications
Professional Services
Construction
Transportation
Hospitality
Education
Media and Entertainment
Legal
Corporate Governance
Board of Directors
Executive Management
Compliance
Human Resources
Company Secretariat
Risk Management
Corporate Affairs
Board Director
Executive Director
Non-Executive Director
Managing Director
Independent Director
Board Chairman
Vice Chairman
CEO
CFO
COO
General Counsel
Company Secretary
Corporate Governance Officer
Compliance Officer
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