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Nominee Director Contract
"I need a Nominee Director Contract for my UK-based fintech startup, where the nominee director will be based in London and will need specific provisions for cryptocurrency trading oversight and quarterly board meetings starting from March 2025."
1. Parties: Details of the appointing company and nominee director
2. Background: Context of the appointment and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Appointment and Term: Terms of appointment and duration
5. Duties and Responsibilities: Specific obligations of the nominee director including statutory duties under Companies Act 2006
6. Remuneration: Payment terms and benefits
7. Indemnification: Protection and insurance provisions
8. Termination: Circumstances and process for ending the agreement
1. Non-Competition: Restrictions on competing activities, applicable when protecting business interests is crucial
2. Intellectual Property: IP rights and obligations, relevant when director may be involved in IP creation
3. International Provisions: Cross-border considerations for companies operating internationally
1. Schedule 1 - Services: Detailed list of director services and responsibilities
2. Schedule 2 - Fee Structure: Detailed breakdown of remuneration and payment terms
3. Schedule 3 - Company Policies: Relevant internal policies and procedures
4. Appendix A - Board Resolution: Copy of board resolution appointing the nominee director
Authors
Appointing Company
Appointment
Board
Business Day
Companies Act
Company
Confidential Information
Corporate Governance Code
Directors' and Officers' Insurance
Effective Date
Fee
Group
Indemnified Person
Intellectual Property Rights
Law
Material Interest
Nominee Director
Nominee Services
Notice
Parent Company
Parties
Professional Standards
Related Person
Relevant Authority
Services
Subsidiary
Term
Termination Date
Territory
Authority and Powers
Board Meetings
Compliance
Confidentiality
Conflicts of Interest
Data Protection
Directors' Duties
Expenses
Fees and Remuneration
Force Majeure
Governing Law
Indemnification
Insurance
Intellectual Property
Liability Limitations
Non-Competition
Non-Solicitation
Notices
Record Keeping
Relationship of Parties
Reporting Obligations
Representations and Warranties
Resignation
Services
Severability
Tax Matters
Termination
Time Commitment
Variation
Waiver
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