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Director agreements cover the contract between a company and its directors, detailing terms of appointment, duties, remuneration, notice, confidentiality and post-termination restrictions. A solicitor drafts or negotiates the director’s service agreement, ensuring alignment with the Companies Act 2006, corporate governance duties, and shareholder expectations. They review provisions on termination, garden leave, share options, and designated duties, and advise on potential conflicts of interest and restraint clauses that protect the company while remaining enforceable.
The solicitor handles the drafting and negotiation of appointment terms, duties, remuneration, vesting and exercise of share options, notice periods, termination mechanisms, confidentiality, restrictive covenants, and post-termination restrictions. They navigate corporate governance requirements, fiduciary duties, and interactions with board decisions, often coordinating with HR and finance to ensure compliance and enforceability. They also address potential conflicts of interest and alignment with investors or shareholders.
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Tagged solicitor Jamie Connolly
Rachel and Jamie dealt with my sale and purchase. Absolutely first class throughout can recommend highly.
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