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Director's service contract

Price:  £42.50(Inc. 20% VAT)(£35.42 Exc. VAT)

This director's service contract is to be used for executive directors - i.e. company directors who are also employees of the company. The template has a dual purpose: it sets out the basis for the director's employment by the company, and regulates his role as a director.

Given the importance of a director to a business, the contract is relatively detailed. It has been drafted in order to give as much protection to the company as possible.

Examples of common executive director posts, in respect of which this director service contract template may be suitable for use, include finance directors, operations directors and managing directors.

If this contract is to be used for the appointment of a new executive director, you might also like to consider our offer letter.

Note that this document refers to separate policy documents (also available on this website).

This directors contract template should not be used in circumstances where the company is listed on a recognised exchange. Nor should it be used for non-executive directors or non-directors.

If you are looking for a contract to cover a senior employee who is not a director, you should consider our special contract of employment template for senior employees.

  1. Interpretation
  2. Appointment and Duration
  3. Duties
  4. Place of Work
  5. Hours of Work
  6. Salary
  7. Expenses
  8. Bonus
  9. Pension
  10. Insured benefits
  11. Holiday
  12. Car / Car allowance
  13. Sickness
  14. Confidential Information
  15. Intellectual Property
  16. Conflict of Interests
  17. Termination of Employment
  18. Effect of Termination
  19. Post Termination Restrictions
  20. Retirement
  21. Discipline and Grievance
  22. Data Protection
  23. Collective Agreements
  24. Entire Agreement
  25. Variation
  26. Governing Law
  27. Law and Jurisdiction
This contract for directors is 24 pages long (including the cover sheet, execution clause and schedule).

Here are a few good reasons for choosing SEQ templates.

  • We supply only quality templates, drafted by very experienced legal professionals.
  • The templates are regularly updated to keep pace with legal developments, the evolution of business practices and our own drafting best practice.
  • If you buy a template from us, you have the right to receive updates to that template for 1 year following purchase.
  • We offer a 1 year money-back guarantee (although customers rarely make a claim under the guarantee).
  • Buy securely on this website, and download your template straight away.
  • If you need more help, we can quote to draft a document or check an adapted template.

For more details, see: Why SEQ templates?