Directors Service Contracts are designed for companies seeking to employ directors.
Officially, a director is an officer of the company and not an employee. As such, he or she has no right of remuneration unless the company's Articles state otherwise. In theory, therefore, he or she will not need an employment contract or agreement. However, the director may also be employed in another capacity - e.g. as a finance or managing director. In that instance, he or she will be considered an executive director and will require an employment contract.
Our Directors Service Employment Contracts are compliant with the Companies Act 2006 and have been recently reviewed and updated in line with best practice in order to make the contracts easier to use and adapt exactly to your needs.
Whether you are starting a new business with friends or arranging new investment in your business it is advisable to properly document the shareholding relationship.
Our Shareholder Agreements are drafted to fit a different set of circumstances, such as issuance of new shares (or not), a bias towards minority or majority interests, and/or the requirement for a simple version or more complex version.
Share Option Agreements give the Grantee (or recipient) the option to buy shares at a future date, at an agreed price. They provide a financial benefit to the Grantee where the share price rises over the period the option is available.
Our Share Option Agreements tailored to suit your purposes – for example to give the Grantee the right to exercise the option to subscribe for new shares within a specified period of time or when a specified event occurs