Directors Service Agreement Template

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Sample

Directors Service Agreement Template

Printable | Editable Form




Directors Service Agreement Template (1)
Between:
[Name of the Director]
[Director’s ID]
[Director’s Address]
[Director’s Phone]
[Director’s Email]
And:
[Name of the Company]
[Company’s Registration Number]
[Company’s Address]
Introduction:
This Agreement is made to outline the terms of the director’s service to the Company starting on [Effective Date], and shall govern the relationship between the Director and the Company.
Clause 1: Appointment
The Company hereby appoints the Director to serve as a director, and the Director accepts such appointment under the terms hereof.
Clause 2: Duties and Responsibilities
The Director agrees to perform the following duties: [Specify duties and responsibilities, e.g., attending board meetings, providing strategic direction, overseeing management].
Clause 3: Remuneration
The Director shall be compensated at a rate of [Amount] per annum, payable in accordance with the Company’s standard payroll procedures.
Clause 4: Termination of Service
This Agreement may be terminated by either party under the following conditions: [Specify conditions, e.g., resignation, disqualification, breach of agreement].
Clause 5: Confidentiality
The Director agrees to maintain confidentiality regarding all proprietary and confidential information pertaining to the Company during and after the term of this Agreement.
Clause 6: Indemnification
The Company shall indemnify the Director against any liability incurred in the course of carrying out his/her duties, except in cases of negligence or willful misconduct.
Clause 7: Governing Law
This Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Director]
[Name of the Director]
[Signature of the Company Representative]
[Name of the Company Representative]
Directors Service Agreement Template (2)
Between:
[Name of the Director]
[Director’s ID]
[Director’s Address]
[Director’s Phone]
[Director’s Email]
And:
[Name of the Company]
[Company’s Registration Number]
[Company’s Address]
Introduction:
This document serves as a formal Directors Service Agreement, detailing the expectations, rights, and obligations of the Director in relation to the Company, effective as of [Effective Date].
Clause 1: Term of Appointment
The Director shall hold office for a term of [Specify Term], unless earlier terminated in accordance with the provisions of this Agreement.
Clause 2: Performance Evaluation
The Director’s performance will be evaluated on an annual basis, with discussions undertaken to review goals and objectives.
Clause 3: Expenses
The Company agrees to reimburse the Director for reasonable expenses incurred in the performance of duties, subject to prior approval.
Clause 4: No Conflict of Interest
The Director affirms that he/she has no conflict of interest that would affect his/her obligations to the Company.
Clause 5: Additional Provisions
Any additional provisions relevant to the specific roles, duties, or responsibilities of the Director may be appended here: [Specify additional provisions].
Clause 6: Amendments
This Agreement may only be amended in writing, signed by both parties.
Signed in [City], [Date].
Sincerely,
[Signature of the Director]
[Name of the Director]
[Signature of the Company Representative]
[Name of the Company Representative]

Form

Please complete the form below to create the Directors Service Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Directors Service Agreement Template

1. Director Information


2. Company Information


3. Agreement Commencement

4. Role and Responsibilities

5. Remuneration and Benefits

6. Confidentiality Obligations

7. Termination Conditions

8. Conflict of Interest

9. Governing Law

10. Signatures and Acceptance

11. Declaration and Signatures




PDF


WORD

Printable

Directors Service Agreement Template

Printable | Editable Form




Directors Service Agreement Template