
Board minutes approving an existing director's agreement
Use these template board minutes to retrospectively approve an existing director’s service agreement (also called a director’s contract of employment) and/or letter of appointment of a director.
By using this template you make sure you follow the correct legal process for approving an existing agreement with a director, which minimises the risk of disputes about the relationship between the company and director in future. These types of disputes can be costly and time-consuming.
You should use this template if your company has the model articles (if you have bespoke articles and/or a shareholders agreement, check these before using this template in case you are required to follow a different process).
If a director is new and has not yet been appointed, you should use our board minutes appointing a new director instead of this template. These board minutes include an option to approve the new director’s service agreement at the same time as their appointment to the board.
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