All Templates
Amend articles of association
✉️ Board resolution
Written Resolution To Amend Articles of Association To Remove Director Discretion Where Share Security is Taken
Written Resolution To Amend Articles of Association To Remove Director Discretion Where Share Security is Taken
Publisher one
Genie AIJurisdiction
England and WalesRelevant sectors
Type of legal document
✉️ Board resolutionBusiness activity
Amend articles of associationA board resolution is a formal document that records the decisions made by a board of directors or shareholders. The resolution is used to provide evidence of the board's authority to take certain actions. The resolution may also be used to delegate authority to officers or employees of the company.
This particular legal template focuses on a resolution to amend the articles of association of a company operating under UK law. The purpose of this amendment is to eliminate director discretion when it comes to dealing with share security. Share security refers to the practice of using shares as collateral for a loan or other financial transaction.
By removing director discretion, this template aims to establish a more standardized and objective approach to the handling of share security within the company. It ensures that any decision related to the shares, such as their transfer, sale, or use in securing loans, will be bound by explicit rules and regulations outlined in the amended articles of association.
The resolution may outline the specific changes and modifications to be made in the articles of association. This could include adding new clauses to restrict director discretion and provide detailed guidelines on how share security should be handled. The intent is to create a more transparent process that minimizes potential misuse of share security arrangements and protects the interests of shareholders and the company as a whole.
Companies opting to adopt this template may choose to customize it according to their specific needs and circumstances. It can be particularly useful for companies seeking to enhance corporate governance, increase transparency, and ensure compliance with relevant legal provisions governing share security in the UK.
By removing director discretion, this template aims to establish a more standardized and objective approach to the handling of share security within the company. It ensures that any decision related to the shares, such as their transfer, sale, or use in securing loans, will be bound by explicit rules and regulations outlined in the amended articles of association.
The resolution may outline the specific changes and modifications to be made in the articles of association. This could include adding new clauses to restrict director discretion and provide detailed guidelines on how share security should be handled. The intent is to create a more transparent process that minimizes potential misuse of share security arrangements and protects the interests of shareholders and the company as a whole.
Companies opting to adopt this template may choose to customize it according to their specific needs and circumstances. It can be particularly useful for companies seeking to enhance corporate governance, increase transparency, and ensure compliance with relevant legal provisions governing share security in the UK.
How it works
PRODUCT HUNT
#1 Product of the Day
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
See Genie AI in action
Book your personalised demo now
Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue
Similar legal templates
Wording For Et1 (Sexual Harassment And Constructive Dismissal)
The legal template titled "Wording For ET1 (Sexual Harassment And Constructive Dismissal) under UK law" is designed to assist individuals in drafting their official claim document, known as ET1, when they have experienced both sexual harassment and constructive dismissal in the workplace under the jurisdiction of UK law.
The template primarily focuses on two distinct legal issues. Firstly, it addresses claims of sexual harassment, which often involves any unwelcome behavior, comments, or advances of a sexual nature that create an intimidating, hostile, or offensive environment at work. The template provides guidance on presenting a clear and concise account of the instances of sexual harassment faced, including details of dates, locations, individuals involved, and the impact it had on the claimant's well-being or work performance.
Secondly, the template addresses claims of constructive dismissal, which occurs when an employer's conduct or breach of contract fundamentally undermines the working relationship, forcing the employee to resign. It provides guidance on presenting the circumstances leading to a constructive dismissal claim, such as any significant changes to job responsibilities, bullying tactics, discriminatory treatment, or inadequate response from the employer to address the claimant's concerns.
Additionally, the template may offer corresponding legal references, examples, or specific legal language that can be tailored to the individual's unique circumstances. It aims to ensure that the ET1 document accurately reflects the claimant's experiences, providing a strong foundation for their case in the Employment Tribunal.
However, it is essential to note that the template is not a substitute for legal advice or professional representation. It should be used as a starting point, allowing individuals to draft their claim document with the necessary legal structure, providing a solid basis for their particular case of both sexual harassment and constructive dismissal under UK law.
The template primarily focuses on two distinct legal issues. Firstly, it addresses claims of sexual harassment, which often involves any unwelcome behavior, comments, or advances of a sexual nature that create an intimidating, hostile, or offensive environment at work. The template provides guidance on presenting a clear and concise account of the instances of sexual harassment faced, including details of dates, locations, individuals involved, and the impact it had on the claimant's well-being or work performance.
Secondly, the template addresses claims of constructive dismissal, which occurs when an employer's conduct or breach of contract fundamentally undermines the working relationship, forcing the employee to resign. It provides guidance on presenting the circumstances leading to a constructive dismissal claim, such as any significant changes to job responsibilities, bullying tactics, discriminatory treatment, or inadequate response from the employer to address the claimant's concerns.
Additionally, the template may offer corresponding legal references, examples, or specific legal language that can be tailored to the individual's unique circumstances. It aims to ensure that the ET1 document accurately reflects the claimant's experiences, providing a strong foundation for their case in the Employment Tribunal.
However, it is essential to note that the template is not a substitute for legal advice or professional representation. It should be used as a starting point, allowing individuals to draft their claim document with the necessary legal structure, providing a solid basis for their particular case of both sexual harassment and constructive dismissal under UK law.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
8
RATINGS
2
DISCUSSIONS
0
Wellbeing In The Workplace Policy
The "Wellbeing in the Workplace Policy under UK Law" is a legal template aimed to establish guidelines for organizations operating in the United Kingdom to ensure the physical, mental, and emotional wellbeing of their employees. This policy is designed to promote a healthy work environment, minimize workplace-related stress, and provide necessary support for employees' overall wellbeing.
The template would typically include provisions that comply with UK legal requirements and regulations regarding employee welfare. It would cover several key areas, such as:
1. Health and Safety: Outline measures and responsibilities related to ensuring workplace safety, providing appropriate training, maintaining ergonomic standards, and conducting regular risk assessments.
2. Mental Health: Address the importance of acknowledging and supporting employees' mental health needs. This may include promoting a culture of open communication, reducing stigma around mental health, and offering resources for mental health support such as counseling services or employee assistance programs.
3. Work-Life Balance: Encourage a healthy work-life balance by defining working hours, break periods, and holiday entitlements in accordance with UK employment laws. It may also highlight flexible working options and initiatives to minimize overtime or excessive workload.
4. Wellbeing Benefits: Detail additional employee benefits or programs that support wellbeing, such as access to health insurance, employee wellness packages, gym memberships, or social activities to foster a positive workplace culture.
5. Support and Procedures: Establish procedures and mechanisms for reporting workplace-related issues, including grievances, harassment, or discrimination. It may outline the steps an employee can take, confidentiality measures, and guarantees against retaliation.
6. Training and Awareness: Emphasize the need for regular training and awareness campaigns to educate employees and managers on maintaining wellbeing, recognizing signs of distress, and supporting colleagues effectively.
The "Wellbeing in the Workplace Policy under UK Law" legal template ensures employers comply with relevant legislation while promoting a healthy and supportive work environment, prioritizing the overall wellbeing of employees in accordance with UK laws and regulations.
The template would typically include provisions that comply with UK legal requirements and regulations regarding employee welfare. It would cover several key areas, such as:
1. Health and Safety: Outline measures and responsibilities related to ensuring workplace safety, providing appropriate training, maintaining ergonomic standards, and conducting regular risk assessments.
2. Mental Health: Address the importance of acknowledging and supporting employees' mental health needs. This may include promoting a culture of open communication, reducing stigma around mental health, and offering resources for mental health support such as counseling services or employee assistance programs.
3. Work-Life Balance: Encourage a healthy work-life balance by defining working hours, break periods, and holiday entitlements in accordance with UK employment laws. It may also highlight flexible working options and initiatives to minimize overtime or excessive workload.
4. Wellbeing Benefits: Detail additional employee benefits or programs that support wellbeing, such as access to health insurance, employee wellness packages, gym memberships, or social activities to foster a positive workplace culture.
5. Support and Procedures: Establish procedures and mechanisms for reporting workplace-related issues, including grievances, harassment, or discrimination. It may outline the steps an employee can take, confidentiality measures, and guarantees against retaliation.
6. Training and Awareness: Emphasize the need for regular training and awareness campaigns to educate employees and managers on maintaining wellbeing, recognizing signs of distress, and supporting colleagues effectively.
The "Wellbeing in the Workplace Policy under UK Law" legal template ensures employers comply with relevant legislation while promoting a healthy and supportive work environment, prioritizing the overall wellbeing of employees in accordance with UK laws and regulations.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
3
RATINGS
0
DISCUSSIONS
0
Workplace No Smoking Policy
The "Workplace No Smoking Policy under UK Law" template is a comprehensive guide designed to help UK-based organizations draft and implement a clear and effective policy on smoking in the workplace. This legally sound document outlines the rules and regulations surrounding smoking in compliance with UK legislation, including the Health Act 2006 and the Smoke-free (Premises and Enforcement) Regulations 2006.
The policy template provides step-by-step instructions on how to create a smoke-free work environment and sets out guidelines for both employers and employees. It covers various aspects including designated smoking areas, procedures for handling smoking-related complaints, disciplinary actions for non-compliance, and obligations regarding signage and communication of the policy.
Furthermore, the template highlights the legal obligations employers have towards employees' health and safety, as well as their duty to provide a smoke-free workplace. It emphasizes the importance of promoting employee well-being and minimizing the potential risks associated with exposure to second-hand smoke.
This comprehensive Workplace No Smoking Policy ensures that both employers and employees are aware of their rights and responsibilities regarding smoking in the workplace, promoting a healthy and smoke-free environment that complies with UK legal requirements.
The policy template provides step-by-step instructions on how to create a smoke-free work environment and sets out guidelines for both employers and employees. It covers various aspects including designated smoking areas, procedures for handling smoking-related complaints, disciplinary actions for non-compliance, and obligations regarding signage and communication of the policy.
Furthermore, the template highlights the legal obligations employers have towards employees' health and safety, as well as their duty to provide a smoke-free workplace. It emphasizes the importance of promoting employee well-being and minimizing the potential risks associated with exposure to second-hand smoke.
This comprehensive Workplace No Smoking Policy ensures that both employers and employees are aware of their rights and responsibilities regarding smoking in the workplace, promoting a healthy and smoke-free environment that complies with UK legal requirements.
Read More
Publisher
Genie AIJurisdiction
England and WalesTEMPLATE
USED BY
5
RATINGS
1
DISCUSSIONS
1