Company directors lead. Decisions they make and the commitment they show shape their organisations. For the sake of commercial stability it is imperative to define their roles and responsibilities clearly. As contract law specialists, with over 30 years’ experience in multiple jurisdictions, Nath Solicitors in London will draft, negotiate and update your directors’ services contracts swiftly and cost-effectively.
Why use directors’ services contracts?
There are many reasons to use service agreements. Perhaps most importantly they encourage investment and confidence in your company.
A well-drafted directors’ services contract demonstrates that you are a well-organised, effectively run organisation. It also shows that your business is well prepared for contingency situations.
Naturally, this is very attractive to potential investors.
What are the key provisions of director service agreements?
By working to understand your business, we can draft a comprehensive directors’ agreement that covers:
- place of work
- protecting the company’s IP and trade secrets
- profit sharing, bonuses, and stock options
- expenses and allowances
- responsibilities and duties
- restrictive covenants or restraint of trade clauses
- disciplinary procedure
- grievance procedure
Our solicitors have experience working in many international jurisdictions. If you require a directors’ service contract for one of your overseas offices, we can arrange for it to be drafted in accordance with local laws and business customs. We can also arrange for the agreement to be translated into the local language, so all parties have a clear understanding of the contractual terms.
How we can help
Many of our solicitors have worked in the City and for multinationals. Our commercial know-how gives our clients confidence that their directors’ services contracts will help foster growth and help achieve commercial targets.
By instructing us to negotiate and draft your directors’ services contracts, you can be confident that they will contain the clauses required to meet your objectives. We will negotiate hard to ensure your best interests are protected. Because we work with corporations and directors on a regular basis, we have a deep understanding of the motivations of both parties to a directors’ services contract. This allows us to provide practical, commercially astute advice, beyond the capabilities of many other law firms.
To discuss how we can assist you with drafting a directors’ services contract, please call our London office on 0203 670 5540 or contact us online.