This legal template pertains to "Standard Private Company Board Meeting Minutes to Approve a Non-Cash Asset Dividend (Dividend in Specie)" under UK law. It is a documentation template designed to facilitate the recording of the proceedings and decisions made during a board meeting of a private company in the UK, specifically concerning the approval and distribution of a non-cash asset dividend, also known as a dividend in specie.

The template assists in formalizing the board's deliberations, resolutions, and acts as a written record of the meeting. It ensures compliance with UK legal requirements and serves as an essential document for internal reference, regulatory purposes, and potential future disputes.

The specific focus of this template is on dividend distributions involving non-cash assets, rather than cash payments. Dividends in specie typically involve the distribution of property, shares, or any other form of tangible or intangible asset held by the company. By utilizing this template, boards can document the approval process for such dividends, ensuring that proper procedures are followed and the interests of the company and its shareholders are protected.

The template likely includes provisions for recording the date, time, and location of the board meeting, attendees, and the presence of a quorum. It would outline the specific agenda items related to the approval of the dividend in specie, enabling the board members to discuss and deliberate on the proposed distribution. The resolutions adopted by the board would be detailed, along with any conditions, restrictions, or necessary consents surrounding the dividend.

Overall, this legal template streamlines the documentation process, ensuring that private companies in the UK can effectively and accurately record their board meetings where non-cash asset dividends are approved.

How it works

Create doc / use template

Chat to our AI Legal Assistant

Edit, collaborate & share

Export to .docx

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



Click here to book your personalised demo now.

Thank you for requesting a demo. You can book one immediately using the following link if you'd like to: https://bit.ly/GenieAIDemo

If you'd like to, you can now fill in our ROI calculator - you'll get instant results, which we'll use to make your demo even more specific.

Calculate now
Oops! Something went wrong while submitting the form.

Similar legal templates

Website Acceptable Use Policy (aup)

Website Acceptable Use Policy (AUP) is a legal template that outlines the rules and regulations governing the use of a website or online platform under UK law. This document establishes guidelines and expectations for individuals or entities using the website, ensuring compliance with relevant laws and protecting the website owner's rights. The AUP covers a wide range of topics such as user behavior, content restrictions, intellectual property rights, prohibited activities, privacy and data protection, user-generated content, and consequences for non-compliance with the policy. The purpose of this template is to provide website owners with a comprehensive and legally sound document that clearly defines acceptable and unacceptable uses of their website, thus mitigating potential legal risks and ensuring a safe and lawful online environment for all users.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales

Voluntary employee vaccination policy (Covid-19)

Title: Voluntary Employee Vaccination Policy (Covid-19) under UK Law

Description:

This legal template aims to provide guidance and establish a voluntary employee vaccination policy specifically tailored to the context of the Covid-19 pandemic, operating within the legal framework of the United Kingdom. As the country continues to combat the spread of the virus and mitigate its impact on public health, this policy template assists employers in formulating a comprehensive framework to encourage and facilitate employee vaccinations, while respecting individual rights and regulations.

The template consists of various essential elements to address the unique challenges presented by Covid-19 vaccination in the workplace. It helps employers establish a policy that ensures compliance with UK law, strikes a balance between promoting a safe working environment and safeguarding individual rights, and enables employers to tailor their own specific requirements, accommodating the needs of their organization.

The policy template includes guidelines on various aspects, such as:

1. Objective and Scope: Clearly defining the purpose and scope of the policy to ensure employees understand its intentions and applicability.

2. Vaccination Promotion: Outlining strategies to encourage vaccination uptake among employees, including awareness campaigns, educational initiatives, and the provision of credible information on the benefits of vaccination.

3. Voluntary Nature of Vaccination: Acknowledging the voluntary nature of vaccination and emphasizing that employees have the right to make their own decisions regarding their health while ensuring clear communication on the importance of vaccination for public health and workplace safety.

4. Disclosure and Confidentiality: Establishing mechanisms for employees to voluntarily disclose their vaccination status, addressing concerns related to privacy, confidentiality, and data protection within the bounds of applicable UK laws.

5. Accommodating Non-Vaccinated Employees: Determining measures to accommodate non-vaccinated employees to ensure their safety and safeguard their rights, such as remote work, social distancing, or additional protective measures.

6. Workplace Health and Safety: Outlining relevant health and safety protocols, along with workplace-specific guidelines, to ensure a safe working environment for all employees, regardless of vaccination status.

7. Discrimination and Equal Treatment: Prohibiting discrimination or adverse treatment against individuals based on their vaccination status, ensuring equitable access to employment benefits and opportunities.

8. Updating the Policy: Establishing a mechanism for policy review and revision to accommodate any changes in government regulations, scientific guidance, or emerging best practices related to Covid-19 and vaccinations.

Please note that this legal template serves as a starting point to create a personalized employee vaccination policy that aligns with UK law. It is crucial to seek professional legal advice to ensure compliance with current legislation and to customize the policy to suit individual organizational requirements.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales

Workplace Mediation Settlement Agreement With Personal Development Plan

This legal template likely pertains to a Workplace Mediation Settlement Agreement with Personal Development Plan under UK law. It is a comprehensive document that outlines a resolution reached between an employer and an employee involved in a workplace dispute or conflict that required mediation.

The template will likely include sections that provide details about the nature of the dispute, the parties involved, and the agreement reached through the mediation process. It may also outline the terms and conditions of the agreement, such as any financial compensation, changes in employment terms, or structural adjustments.

Additionally, the template may include provisions for a Personal Development Plan (PDP) to be implemented as part of the settlement. The PDP would likely outline specific actions and goals agreed upon by both parties to facilitate the employee's personal growth, professional development, and potential remedial actions to address any concerns raised during the mediation process.

Under UK law, the legal template would adhere to employment regulations and aim to protect the rights and interests of both parties involved. It would likely cover various aspects like confidentiality, non-disclosure, dispute resolution mechanisms, and the enforceability of the settlement agreement.

Overall, this legal template provides a structured framework for documenting the resolution of workplace conflicts through mediation and ensuring parties' compliance with their agreed-upon terms moving forward.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales