Employers have to deal with a mass of paperwork and official documents, and
are often overwhelmed by the time-consuming occupation of ensuring each one
is adequately written and includes all the necessary content.
A Director's Service Agreement is a contract of employment between a Company Director and a private limited or public company, which deals with their rights and responsibilities as the officeholder and sets out the matters that are required to be dealt with by employment law.
The Company Director is an employee as well as an officeholder, and it is important that their terms of employment are clearly expressed in a contract, for the benefit of both parties. If the Director is contracted from as independent source the contract is known as a consultancy agreement.
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Key provisions in the contract include:
- Director's job title and basic description
- Duties and obligations to the company
- Details of salary and bonuses
- Holiday entitlement
- Conditions for sick leave and parental leave
- Provisions for employee expenses
- Pension rights
- Confidentiality and secrecy clauses
- Restriction on competition in the future
- Intellectual property rights
- Regulations for working hours and breaks
Employment and Contract Law
Gray Purdue are experienced in all areas of UK employment and contract law. We can offer comprehensive specialist advice on the responsibilities and rights that should be set out in a service agreement, to ensure that all legal requirements are covered in addition to defining the most appropriate terms for your business needs.
In the event of breach of contract we offer advice and representation for litigation procedure, and we also are experienced in acting on behalf of the defendant against disqualification proceedings.
We will provide a professional and effective service, tailored to your specific circumstances, that will conclude with the best and most rapid resolution for you.
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