Agreement Between Directors Of A Company Template for New Zealand

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

4.6 / 5

4.8 / 5

Let's create your Agreement Between Directors Of A Company

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

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:

Agreement Between Directors Of A Company

"I need an Agreement Between Directors of a Company for our New Zealand tech startup with three founding directors, including provisions for equity holdings and product development responsibilities, to be effective from March 2025."

Document background

The Agreement Between Directors Of A Company is a fundamental governance document used when establishing or updating the formal relationship between directors of a New Zealand company. This agreement is particularly important when companies are transitioning from informal to formal governance structures, when new directors are appointed, or when existing governance arrangements need revision. It ensures compliance with the Companies Act 1993 and other relevant New Zealand legislation while providing a clear framework for director relationships, responsibilities, and decision-making processes. The document typically includes provisions for board operations, confidentiality, conflicts of interest, and indemnification, tailored to the specific needs of the company while maintaining alignment with New Zealand corporate governance requirements.

Suggested Sections

1. Parties: Identifies the directors entering into the agreement and the company

2. Background: Sets out the context of the agreement, including the company's business and the directors' appointments

3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes interpretation principles

4. Term of Agreement: Specifies the duration of the agreement and any renewal provisions

5. Directors' Duties and Responsibilities: Outlines the statutory and additional duties of directors under NZ law and company requirements

6. Decision Making Process: Details how directors will make decisions and voting arrangements

7. Board Meetings: Establishes procedures for board meetings, including frequency, notice, and quorum requirements

8. Confidentiality: Defines confidential information and obligations regarding its protection

9. Conflicts of Interest: Procedures for declaring and managing conflicts of interest

10. Indemnification: Terms regarding company indemnification of directors

11. Termination: Circumstances and processes for terminating the agreement or directorship

12. General Provisions: Standard legal provisions including notices, amendments, governing law, and dispute resolution

Optional Sections

1. Remuneration: Details of directors' fees and payment terms, if directors are to be paid

2. Additional Roles and Responsibilities: For directors who take on specific portfolios or executive roles

3. Share Dealings: Protocols for directors trading in company shares, relevant for listed companies

4. Intellectual Property: IP provisions where directors are involved in product development or innovation

5. Insurance: Details of D&O insurance arrangements if provided by the company

6. Non-Competition and Non-Solicitation: Restrictions on competitive activities, if required

7. External Directorships: Rules regarding holding directorships in other companies

Suggested Schedules

1. Schedule 1: Company Details: Details of the company including registration number, registered office, and business address

2. Schedule 2: Director Information: Personal details of each director including qualifications and shareholdings

3. Schedule 3: Remuneration Schedule: Detailed breakdown of any fees, allowances, and benefits

4. Schedule 4: Board Charter: Detailed governance procedures and board operations

5. Schedule 5: Delegated Authorities: Matrix of decision-making authorities and limits

6. Appendix A: Conflict of Interest Declaration Form: Template for declaring conflicts of interest

7. Appendix B: Board Meeting Procedures: Detailed procedures for conducting board meetings

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Financial Services

Technology

Manufacturing

Retail

Professional Services

Healthcare

Education

Construction

Agriculture

Mining

Energy

Transportation

Telecommunications

Real Estate

Non-Profit Organizations

Media and Entertainment

Relevant Teams

Board of Directors

Executive Leadership

Legal

Compliance

Corporate Governance

Risk Management

Company Secretariat

Internal Audit

Corporate Affairs

Shareholder Relations

Relevant Roles

Board Director

Executive Director

Non-Executive Director

Managing Director

Chairman

Chief Executive Officer

Company Secretary

Chief Financial Officer

General Counsel

Corporate Governance Officer

Board Administrator

Compliance Officer

Risk Manager

Corporate Secretary

Find the exact document you need

Agreement Between Directors Of A Company

A New Zealand law-governed agreement establishing the framework for relationships and responsibilities between company directors, ensuring compliance with the Companies Act 1993.

find out more

Directors Contract Of Employment

A New Zealand-governed employment agreement for company directors that establishes terms of service in both executive and board capacities.

find out more

Director Indemnity Agreement

A New Zealand law-governed agreement establishing the terms for company indemnification of a director's liabilities and costs incurred in their official capacity.

find out more

Medical Director Agreement

A New Zealand-compliant agreement establishing terms and conditions for Medical Director appointments in healthcare organizations.

find out more

Director Indemnification Agreement

A New Zealand law-governed agreement setting out terms for company indemnification of directors against liabilities and costs incurred in their role.

find out more

Directors Service Contract

A New Zealand law-governed agreement establishing the terms and conditions of a director's appointment, including duties, responsibilities, and remuneration.

find out more

Director Appointment Agreement

A New Zealand law-governed agreement formalizing a director's appointment to a company board, establishing terms, duties, and compliance requirements.

find out more

Director Profit Sharing Agreement

A New Zealand-governed agreement establishing terms for director profit sharing arrangements, including calculation methods and payment conditions.

find out more

Director Shareholder Agreement

A New Zealand-governed agreement establishing the legal framework between company directors and shareholders, defining their rights, responsibilities, and relationships.

find out more

Director Fee Agreement

A New Zealand law-governed agreement establishing director remuneration terms and conditions for board service.

find out more

Independent Director Agreement

A New Zealand-governed agreement establishing the appointment terms and conditions for an independent director, ensuring compliance with local corporate law and governance requirements.

find out more

Directors Loan Agreement

A New Zealand-compliant agreement establishing terms for a loan between a company and its director, including loan amount, interest, repayment terms, and regulatory compliance requirements.

find out more

Nominee Director Agreement

A New Zealand-governed agreement establishing the appointment and terms of service for a nominee director, including duties and compliance requirements under NZ law.

find out more

Company Director Agreement

A New Zealand-governed agreement establishing the terms, duties, and obligations of a company director's appointment.

find out more

Non Executive Director Agreement

A New Zealand-governed agreement establishing the appointment terms and conditions for a non-executive director, including duties, responsibilities, and remuneration.

find out more

Executive Director Employment Contract

New Zealand-governed employment agreement for executive directors, combining senior executive employment terms with director duties and obligations.

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.

How Genie AI reduced drafting time by 75% for a legal firm

Let's create your Agreement Between Directors Of A Company

Authors

Alex Denne

Find the exact document you need

Agreement Between Directors Of A Company

Directors Contract Of Employment

Director Indemnity Agreement

Medical Director Agreement

Director Indemnification Agreement

Directors Service Contract

Director Appointment Agreement

Director Profit Sharing Agreement

Director Shareholder Agreement

Director Fee Agreement

Independent Director Agreement

Directors Loan Agreement

Nominee Director Agreement

Company Director Agreement

Non Executive Director Agreement

Executive Director Employment Contract

Download our whitepaper on the future of AI in Legal

Genie’s Security Promise

Your documents are private:

Your documents are protected:

Organizational security

Innovation in privacy:

Want to know more?

Commercial

Employment

IP

Administration

Finance

R&D

Use Cases