Publisher one

Genie AI

Jurisdiction

England and Wales

Contract party

Type of legal document

📁 Members' resolution

Business activity

Approve director's term

Why use a 📁 Members' resolution?

A 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 focuses on a Member's Resolution for Guaranteed Employment Period for Directors in Excess of Two Years, specifically under UK law. In corporate governance, directors play a crucial role in managing and overseeing the affairs of a company. However, it is not uncommon for directors' employment periods to be limited to two years or less, providing flexibility to the company.

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

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.



Click here to book your personalised demo now.

Similar legal templates

Board Meeting Minutes To Change The Company Name

The legal template "Board Meeting Minutes To Change The Company Name under UK law" is a comprehensive document that aids in recording the formal proceedings of a board meeting held in compliance with UK law to approve the changing of a company's name. This template serves as a guide to help company secretaries, lawyers, or any authorized personnel accurately document and maintain the minutes of the meeting in a legally compliant and organized manner.

The template is specifically tailored to the requirements and regulations laid out by UK legislation, ensuring that all necessary steps and legal obligations are fulfilled during the process of changing the company's name. It includes sections to record essential details such as the date, time, and location of the meeting, as well as a comprehensive attendee list, including the board members and any other relevant individuals present.

The template further facilitates the documentation of the discussions held during the meeting, outlining the reasons behind the proposed name change and any other pertinent information or considerations. It includes a section to record any amendments or resolutions made throughout the meeting, ensuring transparency and accountability. This allows for the accurate reflection of the board's decision-making process in relation to the company name change.

Additionally, the template also features a section for signatures or electronic approvals, providing a formal confirmation and agreement from the attending board members. This ensures the minutes are validated and can be used as an official record in subsequent legal proceedings or internal governance matters.

In summary, the "Board Meeting Minutes To Change The Company Name under UK law" template is a robust and meticulously designed document that facilitates the proper recording of a board meeting held to approve the change of a company's name, whilst adhering to the legal requirements prescribed by UK legislation.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
9
RATINGS
5
DISCUSSIONS
2

Board Meeting Minutes To Approve Completing Share Purchases Transaction (Corporate Seller)

This legal template pertains to the documentation required for a board meeting of a corporate seller, under the jurisdiction of UK law, to officially approve the completion of a share purchase transaction. The board meeting minutes record the discussions, decisions, and voting outcomes that took place during the meeting regarding the completion of the share purchase transaction. The purpose of this template is to ensure compliance with legal requirements, provide an accurate record of the board's approval, and serve as evidence of the transaction's completion. The minutes may include details such as the date, time, and location of the meeting, the attendees, the agenda, the resolutions passed, and any relevant discussions or comments made by the board members.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
11
RATINGS
3
DISCUSSIONS
2

Simple Terms And Conditions For Prize Draw Competitions (UK)

This legal template is designed to outline the terms and conditions for prize draw competitions operating within the United Kingdom, in accordance with UK law. The document provides a clear and concise set of rules and regulations for participants to follow when entering the competition and for the organizer to adhere to when conducting the draw. It covers various aspects such as eligibility criteria, entry methods, start and end dates, prize details, winner selection and notification processes, as well as any additional terms specific to the competition. By utilizing this template, participants can gain a comprehensive understanding of their rights and responsibilities, while the organizer can ensure compliance with relevant laws and maintain transparency throughout the competition.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
6
RATINGS
5
DISCUSSIONS
2