Board Matters: Service Agreements, Disputes & Exits – for Businesses
The pay structure, rights and obligations of company directors differ to those of employees. Company directors will have statutory and fiduciary obligations, meaning that they owe greater obligations of loyalty to the business than employees do to their employers.
This changes the landscape when advising in relation to disciplinary and performance matters. We understand this and regularly advise businesses, including those in regulated sectors, on issues at this senior level, including in relation to exit arrangements and disputes, which often involve sensitive and extremely confidential aspects as well as time sensitive considerations.
We have considerable experience and expertise in ensuring that executive directors are signed up to comprehensive Service Agreements and that non-executive directors are engaged on appropriate letters of appointment.
Our expertise extends to advising on corporate governance matters in respect of service agreements and letters of appointment for directors of AIM and Main Market listed companies.