Directors’ service contracts—resolution of a holding company approving a long term service contract
Directors’ service contracts—resolution of a holding company approving a long term service contract

The following Corporate precedent provides comprehensive and up to date legal information covering:

  • Directors’ service contracts—resolution of a holding company approving a long term service contract

ORDINARY RESOLUTION

[That the term in the service contract proposed to be entered into between the Company’s subsidiary, [insert name of subsidiary], and [insert name of director] providing that the period during which [his OR her] employment [[is to continue OR may be continued] otherwise than at the instance of [insert name of subsidiary]]

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