Executive service agreement
Executive service agreement

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

  • Executive service agreement
  • 1 Definitions and interpretation
  • 2 Employment
  • 3 Commencement and duration
  • 4 Duties
  • 5 Conflicts of interest
  • 6 Place of work, mobility and travel
  • 7 Hours of work
  • 8 Remuneration
  • 9 Expenses
  • More...

Executive service agreement

This Agreement is made on [date]

Parties

  1. 1

    [Name of company], a company incorporated in England with registered number [number] whose registered office is at [address] (the Company); and

  1. 2

    [Name of employee], of [address] (you).

The parties agree:

    1. 1

      Definitions and interpretation

      1. 1.1

        In this Agreement the following expressions will, unless the context otherwise requires, have the meanings set opposite them:

        Basic Salary

        1. the meaning given to it in Clause 8.1;

        [Board

        1. [the directors of the Company present at a meeting (i) of directors of the Company or (ii) of a duly appointed committee of directors of the Company[, such meeting to be convened and quorate in accordance with the articles of association of the Company and the Companies Act 2006] OR the directors of the Company present at a meeting of directors of the Company[, such meeting to be convened and quorate in accordance with the articles of association of the Company and the Companies Act 2006]];]

        [Chief Executive

        1. the [chief executive] of [the Company OR [insert name of Group Company]]  as appointed by the [Board OR Group Board] from time to time;]

        Commencement Date

        1. [[date] OR the date specified in Clause 3.1] (notwithstanding the date of execution of this Agreement);

        Competing Business

        1. the meaning given to it in Clause 27.6;

        Confidential Information

        1. the meaning given to it in Clause 18.1;

        [Control

        1. the meaning set out in section 995 of

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