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.
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 have a downloadable contract to help you get these right first time:
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.
Download our standard contract which you can amend accordingly:
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:
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.
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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