Director Agreement
A Director Agreement outlines the terms of a director's appointment by a company, and the services and remuneration subsequent to their appointment.
5.0 (6 reviews)
Under 10 minutes
Suitable for Australia
Document Overview
A Director Agreement outlines the terms of a director's appointment by a company, and the services and remuneration subsequent to their appointment.
A director is a person who is appointed to the position of director. This can include the following:
- executive directors;
- non-executive directors;
- managing directors;
- alternate directors;
- nominee directors;
- de factor directors; and
- shadow directors.
Generally, the process for appointing directors is governed by the company's constitution or the replaceable rules in the Corporations Act 2001 (Cth) if no constitution exists.
What does the Director Agreement cover?
- the length of the appointment;
- terms of resignation or dismissal;
- the powers of the director;
- holiday leave;
- confidentiality; and
- non-solicit and non-compete provisions.
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