Director Contract Services

Unlike an employment contract there is no legal requirement to have these service agreements in place; however, without a pre-negotiated contract you potentially leave both yourself and your company vulnerable.

After the fact discussions rarely heal wounds and are usually a lot more expensive than getting it right in the first place. To make sure you pre-empt the myriad of legal issues a lack of clarity creates, get the correct procedures and agreements in place before you commence the role.

An Executive Directors Service Contract

A service contract is there for the relationship management of the executive director and the company, although this is not legally required it is a vital step in managing this key partnership in your business. Preparing contracts can be a daunting prospect and getting them wrong can be the cause of numerous problems at a later stage.

We can offer you two services in this area to help you get these right first time:

  • A standard service contract template that you can utilise for your individual needs. Whilst we are comfortable with this template, you may like to take legal advice before completion to assist with any local nuances related to your specific position. - £49 + VAT, this is available at our online shop.
  • A tailored service contract, this is created especially for you, taking into account your unique requirements, with the aid of our legal support team. - £799 + VAT, for further information please contact us.

A Contract for Services – Non-Executive Director Agreements

Engaging with a Non-Executive Director (NED) can be hugely beneficial to your business, bringing as they do world and business skills, useful contacts, a sense of proportion and clarity to strategic decisions. Getting the agreement skilfully drafted for their services right is just as important for the NED in your board room, as it is for your executive director, and if you are the NED in question - it is essential.

We can offer you a standard and tailored contract in this area:

  • A standard contract for services template that you can use for your individual needs. We highly recommend this template, but suggest you take legal advice before completion to account for your own particular nuances. - £49 + VAT, this is available at our online shop.
  • A tailored contract for services, created bespoke for you and your own individual requirements, with the aid of our legal support team. - £799 + VAT, for further information please contact us.

Non-Executive and Executive Chair Service Contracts

The role of the Chair is to lead the board and the appointment of a Chair can be a big decision as the actions of the Chair will have an impact on the future of the company. Therefore, it is imperative that the correct person is appointed. These alternative standard contracts outline the duties and responsibilities the Chair will have within the company, as well as being fully editable to adjust to any specific requirements the company may have.

Two Chair service contracts are available:

  • Non-Executive Chair: not an employee of the company.
  • Executive Chair: an employee of the company, this contract is a supplement to the director's employment contract.

Both contracts are available as a standard service contract template that you can utilise for your individual needs. Whilst we are comfortable with this template, you may like to take legal advice before completion to assist with any local nuances related to your specific position. - £49 + VAT, this is available at our online shop.

We draft contracts like these on a daily basis and have seen what damage simple errors or omissions can do to a business, or indeed the risks individuals take by not having such documents in place.

If you require more information on these products please do not hesitate to contact us.

Alternatively, if you would like to purchase any of these contracts please select the links below or visit our online shop.

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