Executive director's service agreement
Use this agreement to create a contract for an executive director joining a UK company's board of directors, giving them the same rights as an employee. It includes options for working hours, workplace locations (including working abroad), salary, bonuses, share options, benefits, annual leave, sick leave, pensions, training, data protection, restrictions, and more.
All employers must give certain information in a written statement to new employees. This agreement contains that information. If you're an employer in England, Wales or Scotland, you must give the information by the time the employee starts working for you. In Northern Ireland, you can give it up to 2 months after they start.
Use this agreement in combination with our employee handbook (or your own) in order to refer to details of your policies and procedures (e.g. about different types of paid leave).
This document is not currently suitable for part-year employees (such as employees who work only during education term times) or employees who work irregular hours (i.e. the number of paid hours they work varies all or most of the time).
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