For director of charity or QUANGO or in other unpaid position
About this document
All Net Lawman company documents have been amended in line with the changes made by the Companies Act 2006.
This document is suitable for use by the board or governing body of a company, hospital trust, charity or other organisation agreeing terms with a new director or changed terms with an existing office holder or an individual director wishing to write his own contract in terms which specifically suit him. It has been drafted for an unpaid, non-executive director of a charity, QUANGO or other organisation.
Gone are the days when a director's service contract merely reflected the "deal" for the employment. Today a company is under a statutory obligation to provide written terms of employment to a director, as to any other employee. Of course it is advantageous to both sides to set down the employment package in a contract, rather than in a few words from the company.
This document provides a balance between protection for the director and for the company. If there is a difference in interests, we have favoured the company. Some of these provisions are required to comply with the law. The explanatory notes, which come with these documents, will guide you as to the importance of specific issues.
This document has been revised to include the latest model Disciplinary and Grievance porcedures as recommended by ACAS.
Application
and features
Protects the board from criticism
Protects the company from claims both before an Industrial Tribunal and in court
Protects the director from unreasonable demands
Up to date with the latest changes in company law
Provides a "shopping list" of possible director perquisites
Helps the company to comply with employment regulations
Includes principal provisions of the Employment Act 2002, effective April 2003
Provides a complete framework and other legal safeguards
Written in plain English.
Contents
Compliance with Working Time Regulations 1998
Alternative holiday arrangements
Alternative pension provision
All usual perquisites
Retirement
Sickness, certification, sick pay
Arrangements during notice period
Director's compliance with all stock exchange and similar regulations
Extensive protection of new intellectual property
Summary termination and matters after termination
Confidentiality and data protection
Clear and comprehensive grievance and disciplinary procedures
Contracting out of entitlement to redundancy payment and certain other rights on expiry of the fixed term.
Word
Count (approximate):
Document: 1900
words
Explanatory notes:
550
words
Draftsman
This document is drawn and maintained by Net Lawman. It is real law in plain English.
