All Countries
Corporate Governance
Company Director Agreement

Company Director Agreement Template for England and Wales

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Company Director Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Company Director Agreement

"I need a Company Director Agreement for appointing a new Finance Director to our tech startup, including share options and international travel provisions, with the appointment starting March 1, 2025."

Celebrated by
Collaborations with
Investors
Document background
The Company Director Agreement is a crucial document used when appointing new directors or formalizing existing directorship arrangements. Under English and Welsh law, this agreement comprehensively outlines the relationship between the company and its director, incorporating requirements from the Companies Act 2006 and corporate governance best practices. It covers essential aspects such as appointment terms, duties, remuneration, confidentiality, and termination provisions, while ensuring compliance with regulatory requirements and protecting both parties' interests.
Suggested Sections

1. Parties: Details of the company and the director

2. Background: Context of appointment and relationship

3. Definitions: 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 role and obligations under Companies Act 2006 sections 171-177

6. Remuneration: Salary, benefits, and compensation details

7. Time Commitment: Expected working hours and commitment level

8. Confidentiality: Obligations regarding company confidential information

9. Conflicts of Interest: Provisions for declaring and handling conflicts of interest

10. Termination: Circumstances and procedures for ending the appointment

11. Post-Termination Obligations: Ongoing obligations after directorship ends

12. General Provisions: Standard boilerplate clauses including governing law

Optional Sections

1. Share Options: Details of any share schemes or options (include when director is offered equity participation)

2. International Travel: Provisions for international duties and travel requirements (include for companies with international operations)

3. Garden Leave: Terms for garden leave during notice period (include for senior directors or when protecting business interests)

4. Additional Board Positions: Terms regarding holding other board positions (include when director may serve on multiple boards)

5. Regulatory Compliance: Specific regulatory obligations (include for regulated industries like financial services)

Suggested Schedules

1. Schedule 1: Remuneration Package: Detailed breakdown of compensation elements including salary, bonuses, and benefits

2. Schedule 2: Share Option Terms: Details of share option scheme including vesting schedule and exercise terms

3. Schedule 3: Duties and Responsibilities: Detailed list of specific duties and responsibilities of the director

4. Appendix A: Board Resolution: Copy of board resolution appointing the director

5. Appendix B: Company Policies: Key policies director must comply with including corporate governance guidelines

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Clauses
Appointment and Term
Duties and Responsibilities
Powers and Authority
Time Commitment
Remuneration and Benefits
Expenses
Confidentiality
Conflicts of Interest
Board Meetings and Decisions
Compliance with Laws and Policies
Intellectual Property Rights
Data Protection
Director's Warranties
Company Property
Insurance and Indemnity
Termination
Garden Leave
Post-Termination Restrictions
Return of Property
Non-Competition
Non-Solicitation
Notices
Variations
Severability
Entire Agreement
Third Party Rights
Governing Law and Jurisdiction
Share Options
Annual Leave
Sickness and Absence
Corporate Governance
Reporting Requirements
Performance Review
Outside Interests
Relevant Industries
Relevant Teams
Relevant Roles
Industries

Companies Act 2006: Primary legislation governing company directors' duties (Sections 171-177), including declarations of interest, service contracts, and appointment/removal procedures

Employment Rights Act 1996: Covers employment aspects of directorship including basic employment rights, notice periods, and unfair dismissal provisions, as directors may also be employees

Equality Act 2010: Ensures non-discrimination, protection of characteristics, and equal treatment in director positions

UK Corporate Governance Code: Provides best practice guidelines for director appointments, particularly relevant for listed companies

Small Business, Enterprise and Employment Act 2015: Contains important provisions affecting director disqualification and corporate transparency

GDPR and Data Protection Act 2018: Regulates the handling and protection of personal data in corporate environments

Financial Services and Markets Act 2000: Relevant for companies operating in regulated financial sectors, affecting director responsibilities

Bribery Act 2010: Sets out anti-corruption provisions and compliance requirements for directors and companies

Modern Slavery Act 2015: Establishes corporate responsibility provisions regarding modern slavery and human trafficking

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Medical Director Contract Agreement

find out more

Director Exit Agreement

find out more

Medical Director Contract For Medical Spa

An England and Wales-governed employment agreement for Medical Directors in medical spa facilities, covering professional duties and compliance requirements.

find out more

Professional Services Agreement For Medical Director

A legally binding agreement under English and Welsh law defining the terms of engagement for Medical Director services in healthcare organizations.

find out more

Directors Service Contract

A legally binding agreement under English and Welsh law establishing the terms of a director's appointment and service to a company.

find out more

Chief Executive Officer Employment Agreement

An English law employment agreement setting out terms and conditions for a Chief Executive Officer's appointment and service.

find out more

Director Profit Sharing Agreement

A legal agreement under English and Welsh law establishing terms for a director's participation in company profits.

find out more

Director Shareholder Agreement

A legally binding agreement under English and Welsh law that regulates the relationship between directors who are also shareholders in a company.

find out more

Director Fee Agreement

A legal agreement under English and Welsh law establishing director compensation terms and conditions.

find out more

Managing Director Contract Of Employment

An English law employment contract for Managing Directors, establishing terms of appointment and executive responsibilities.

find out more

Company Director Agreement

An English law agreement setting out the terms of appointment and duties of a company director.

find out more

Non Executive Director Agreement

An English law agreement setting out terms and conditions for appointing a non-executive director to a company's board.

find out more

Executive Director Employment Contract

An England and Wales law-governed employment agreement for executive directors, combining board duties with senior management responsibilities.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.

Draft quality legal agreements or review documents in 3 minutes

Try for free
BlogAbout UsCareersAI Legal Document Generator

Templates

Commercial

B2B Suppliers ContractStandard salesSponsorship ContractIT Outsourcing AgreementCommercial Reservation of Rights LetterLoan Note InstrumentCommercial Contract Templates

Employment

Consultancy AgreementFounder service agreementShareholder Agreement for EmployeesAdvisor agreementEmployee EMI Option PlanStandard Directors Service AgreementEmployment Contract Templates

IP

Trade Mark AssignmentIntellectual Property AssignmentSoftware Service Level AgreementSoftware Pilot Evaluation LicenceSAAS Subscription AgreementIP Rights License IP Agreement Templates

Administration

Cloud Computing PolicyBackup PolicyVirus Protection PolicyEqual Opportunities PolicyEnvironmental PolicyAdministration Legal Templates

Finance

Short-Form Directors Loan AgreementMandate Letter (Best Efforts)Drawdown Request (Borrower to Lender)Buyback AgreementPromissory Note (UK)Letter of Waiver (Loan)Finance Legal Templates

R&D

Consortium AgreementVariation to Consortium AgreementEquipment Loan AgreementCommercial R&D AgreementMaterials transfer agreementR&D Legal Templates

Industries

Legal Services

Limited Power of AttorneyBasic Binding Side LetterLetter of IntentNon Binding Comfort LetterContract For Employing A Salaried Partner Deed of Surrender (Lease)Templates for Lawyers

Manufacturing

Consignment ContractStandard Exclusive Distribution Agreement (UK)Intercompany Services Agreement Standard Directors Service AgreementConditions of Supply Memorandum of Understanding Manufacturing Legal Templates

Construction

Vesting CertificateLetter of Claim (Pre-Action Protocol)Tenancy at WillSection 146 Notice (Remedy Breach of Lease)Notice Of Forfeiture Of Lease By LandlordLease Report (Long Form)Construction Legal Templates

Solutions

Use Cases

Company Types

Comparisons

Business Categories

Teams

Information

© 2024 Genie AI Ltd. All rights reserved