Do directors need service contracts? A director usually has the power to make all the important decisions that could ultimately determine the success of a company. They also have access to all the sensitive information that relates to the company. Given these...
You might have heard of both these terms: Directors Service Agreement and Directors Service Contract. They are, in fact, interchangeable. Both are names for a contract of employment contract (or service agreement), specifically for a director of a private company....
Are two directors required to authorise the commencement of legal proceedings? Yes says the High Court. The High Court has considered whether one of two directors (Director A) had authority to instruct solicitors on the company’s behalf to apply for an...
The terms Directors Service Contract and Directors Service Agreement are interchangeable. It is just another name for an employment contract (or service agreement) that is suitable for a director of a private company. Often in smaller businesses, the Directors are the...
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