Directors Service Agreement Template UK

DIRECTOR SERVICE AGREEMENT

Document ID: TR-DS-2026-001
Effective Date: [____/____/2026]

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INSTRUCTIONS FOR USE

• Completion: This document must be completed by the Company Secretary or Legal Counsel in consultation with the Appointee. Ensure all bracketed fields are reconciled with the Board Minutes approving the appointment.
• Filing & Retention: Retain the original signed copy in the Company’s Statutory Registers (Minute Book). Maintain copies for at least seven (7) years post-termination to satisfy HMRC and Companies House audit requirements.
• Mandatory Attachments: Ensure a valid "Service Agreement Schedule" is attached, detailing specific KPIs, equity vesting schedules, and any restrictive covenant radii (if applicable).

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1. PARTIES

This Agreement is made between: The Company: [________________] (Registered Number: [__________]) The Director: [________________] (Address: [________________])

2. APPOINTMENT & TERM

• Position: [________________]
• Commencement Date: [____/____/2026]
• Term: This appointment shall continue until terminated by either party giving [______] months' written notice, subject to the Articles of Association and the Companies Act 2006.

3. REMUNERATION & BENEFITS

• Annual Salary: £[__________] (payable in equal monthly installments).
• Bonus Structure: [ ] Discretionary [ ] Performance-Linked (See Attached)
• Pension: The Company shall contribute [____]% of gross salary to the nominated pension scheme.
• Expenses: Reimbursable upon submission of valid VAT receipts within [____] days of expenditure.

4. DUTIES & RESPONSIBILITIES

The Director shall:

1. Perform the duties consistent with the office of a Director under the Companies Act 2006.
2. Act in accordance with the Company’s Articles of Association and Board resolutions.
3. Devote such time and attention as is reasonably necessary to the discharge of duties.

5. CONFIDENTIALITY & IP

• Confidentiality: The Director shall not disclose any trade secrets or proprietary information during or after the term of appointment.
• Intellectual Property: All works, inventions, or materials created during the appointment shall remain the exclusive property of the Company (Work Made for Hire).

6. TERMINATION

The Company may terminate this appointment immediately for cause, including but not limited to:

• Material breach of this Agreement.
• Conviction of an indictable criminal offence.
• Disqualification under the Company Directors Disqualification Act 1986.
• Negligence or persistent failure to perform duties.

7. RESTRICTIVE COVENANTS

Following termination, the Director shall not for a period of [____] months:

• Non-Solicitation: Solicit or entice away any employee, client, or supplier of the Company.
• Non-Compete: Engage in any business that is in direct competition with the Company within [__________] (geographic area/sector).

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8. GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of England and Wales.

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EXECUTION

For and on behalf of The Company:

Signature: __________________________
Printed Name: [____________________]
Title: [____________________]
Date: [____/____/2026]

The Director (Acceptance):

Signature: __________________________
Printed Name: [____________________]
Date: [____/____/2026]

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Disclaimer: This document is provided as a standardized framework. Consult qualified legal counsel for jurisdiction-specific statutory compliance.