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Director Employment Agreement
"I need a Director Employment Agreement for appointing a new Finance Director to our Irish technology company, starting March 1, 2025, with standard post-termination restrictions and share option provisions."
1. Parties: Identification of the company and the director
2. Background: Context of the appointment and any relevant corporate history
3. Definitions and Interpretation: Key terms used throughout the agreement
4. Appointment and Term: Details of the director role, position, and duration of appointment
5. Duties and Responsibilities: Core duties as both a director and employee, including statutory obligations
6. Time Commitment and Working Hours: Expected working patterns and time dedication
7. Place of Work: Primary work location and travel requirements
8. Remuneration: Salary, bonuses, and other financial benefits
9. Benefits: Non-salary benefits including healthcare, pension, etc.
10. Expenses: Policy on business expenses and reimbursement
11. Holidays and Leave: Annual leave entitlement and other types of leave
12. Confidentiality: Obligations regarding company confidential information
13. Intellectual Property: Ownership and rights over work created during employment
14. Data Protection: Compliance with GDPR and data protection requirements
15. Termination: Grounds and process for ending the agreement
16. Post-Termination Restrictions: Non-compete and other post-employment restrictions
17. General Provisions: Standard boilerplate clauses
18. Governing Law: Confirmation of Irish law governance and jurisdiction
1. Share Options: Include when the director is offered company shares or share options
2. Group Role: Include when the director has responsibilities across multiple group companies
3. International Travel: Include when role requires significant international travel or overseas postings
4. Regulatory Compliance: Include for regulated sectors like financial services
5. Corporate Governance: Include detailed governance requirements for listed companies
6. Change of Control: Include provisions relating to company sale or merger
7. Garden Leave: Include detailed garden leave provisions for senior executives
8. Performance Metrics: Include specific KPIs and performance measurement criteria
1. Schedule 1 - Position Description: Detailed description of the role and responsibilities
2. Schedule 2 - Remuneration Details: Comprehensive breakdown of salary, bonuses, and benefits
3. Schedule 3 - Share Option Scheme Rules: Terms and conditions of any share option arrangements
4. Schedule 4 - Company Policies: List of applicable company policies and procedures
5. Schedule 5 - Performance Criteria: Specific performance targets and evaluation metrics
6. Appendix A - Board Resolution: Copy of board resolution approving the appointment
7. Appendix B - Companies Registration Office Forms: Required CRO forms for director registration
Authors
Financial Services
Technology
Manufacturing
Professional Services
Healthcare
Retail
Energy
Real Estate
Telecommunications
Construction
Education
Media and Entertainment
Transportation and Logistics
Pharmaceutical
Legal
Human Resources
Company Secretarial
Board of Directors
Executive Committee
Compliance
Corporate Governance
Risk Management
Executive Director
Managing Director
Finance Director
Operations Director
Commercial Director
Technical Director
Sales Director
Marketing Director
HR Director
IT Director
Legal Director
Regional Director
Development Director
Strategy Director
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