Member's Resolution For Guaranteed Employment Period For Director's In Excess of Two Years
Publisher one
Genie AIJurisdiction
England and WalesCost
Free to useRelevant sectors
Type of legal document
📁 Members' resolutionBusiness activity
Approve director's termA members' resolution is a resolution that is passed by the members of a company in accordance with the company's articles of association. The resolution may cover any matter that is within the powers of the members as set out in the articles of association.
This legal template proposes a resolution that seeks to ensure a guaranteed employment period for directors longer than two years in compliance with UK law. It addresses the concerns of both the company and its directors, providing stability and security. The template could outline the specific terms and conditions for implementing such a resolution, including the eligibility criteria to be met, the duration of the extended guaranteed employment period, and any necessary performance reviews or evaluations.
This document is relevant in cases where a company wishes to attract and retain top-level executive talent by offering extended job security. It may be used during company meetings or as part of the official documentation required to approve an employment contract or agreement with a director. By discussing and adopting this resolution, the company can assure qualified directors of a defined employment period beyond the initial two years, ultimately benefiting the company's management and operations.
How it works
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
Book your personalised demo now
Similar legal templates
Standard B2B Contract For Transferrong Domain Name (Buyer Friendly)
Publisher
Genie AIJurisdiction
England and WalesSoftware Developer Contract
This Software Developer contract template is designed for a commercial software development organisation (or an individual software developer) to use when contracting out their skills and services in exchange for payment. This contract sets out the type of software development and software-development-related services to be completed by the software developer on behalf of the client, with consideration for expectations around quality and delivery timescales, as well as any mitigating circumstances. This contract allows for payment to be made by the client to the software development firm or individual software developer on a weekly or monthly basis but can easily be edited to account for other payment schedules and could be altered to include bonuses conditional on performance. It can also be fully customised with the details of the two parties and the duration of the contract and can be printed, downloaded and edited freely as part of our mission to open source business legals. This is a template for contractors who fit outside of the UK's off-payroll working rules (IR35).
Publisher
Genie AIJurisdiction
England and WalesSoftware Test Engineer Contract
This Software Test Engineer contract template is designed for a commercial software testing organisation (or an individual software test engineer) to use when contracting out their skills and services in exchange for payment. This contract sets out the type of software testing and software-testing-related services to be completed by the software test engineer on behalf of the client, with consideration for expectations around quality and delivery timescales, as well as any mitigating circumstances. This contract allows for payment to be made by the client to the software testing firm or individual software test engineer on a weekly or monthly basis but can easily be edited to account for other payment schedules and could be altered to include bonuses conditional on performance. It can also be fully customised with the details of the two parties and the duration of the contract and can be printed, downloaded and edited freely as part of our mission to open source business legals. This is a template for contractors who fit outside of the UK's off-payroll working rules (IR35).
