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Directors Agreement
"I need a Directors Agreement for the appointment of a new non-executive director to our Singapore fintech startup, with emphasis on confidentiality provisions and share options, starting from March 2025."
1. Parties: Identifies the company and the director entering into the agreement
2. Background: Context of the appointment and basic company information
3. Definitions: Key terms used throughout the agreement
4. Appointment and Term: Terms of appointment, duration, and renewal provisions
5. Duties and Responsibilities: Core obligations and responsibilities of the director
6. Remuneration: Compensation, fees, and benefits
7. Confidentiality: Obligations regarding confidential information
8. Termination: Circumstances and procedures for ending the appointment
1. Share Options: Details of any share option schemes - include when director is offered equity compensation
2. Insurance and Indemnification: Directors' and Officers' insurance provisions - include for higher-risk appointments or listed companies
3. Non-compete Provisions: Restrictions on post-directorship activities - include for executive directors or when protecting business interests
4. Performance Metrics: Specific performance targets and evaluation criteria - include for executive directors or performance-based appointments
1. Schedule 1: Powers and Duties: Detailed list of specific powers and duties assigned to the director
2. Schedule 2: Remuneration Details: Detailed breakdown of compensation package including benefits
3. Schedule 3: Company Policies: Key company policies the director must comply with
4. Appendix A: Board Charter: Company's board charter and governance framework
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