Document background
The Company Director Agreement is a crucial document used when appointing statutory directors (bestuurders) to Dutch companies, whether private (BV) or public (NV) entities. This agreement serves as the foundational document defining the legal relationship between the company and its director, incorporating requirements from Dutch corporate law, employment legislation, and governance principles. It is essential for ensuring clarity in roles, responsibilities, and expectations while providing necessary protections for both parties. The agreement typically becomes relevant during new director appointments, corporate restructuring, or when updating terms for existing directors to ensure compliance with current legislation and market practices. It must carefully balance corporate law requirements with practical business needs, particularly considering the unique position of directors under Dutch law who have both a corporate and employment relationship with the company.
