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Directors' Contracts
Director’s service agreements should:
- cover the principal terms and conditions of the director’s employment
- be clear about the duties owed by the director to the company
- be clear about any restrictions which might apply
Given the number of disputes that arise between companies and departing directors it is vital that service agreements are properly drafted. As a director you will often have access to highly confidential information which your employer will probably want to protect, if you decide to leave.
It is important therefore that you understand and agree to any restrictions in your contract before you start working for a business. You want to make sure that when you leave you can take the skills (as opposed to sensitive information) with you to help advance your career.
We at Hart Brown can help you to:
- understand the effect of any restrictive covenants and any other aspects of your contract before you sign it so that you know exactly what you can and cannot do both while working for the business and when you leave
- negotiate changes to the proposed contract
- defend claims that you are in breach of your restrictive covenants
- negotiate settlements or compromise agreements with your employer
To speak to someone who can help with your contract queries or any other employment related issue call, email or request a call back from one of our specialist lawyers.