There are a number of legal issues that employers should consider when negotiating and drafting Directors' Service Agreements and it is important to obtain legal advice regarding the same.
Due to the fact the sums involved are often substantial there is a greater chance that disputes will result in litigation. In turn this will mean that the precise wording of the agreement will come under close scrutiny. For this reason it is essential that these agreements are drafted with care and the benefit of legal advice. Key points for consideration are pay and benefit provisions and how to protect the company on termination of employment.
If you require assistance with the negotiation or drafting of a Director’s Service Agreement we offer a free initial 30 minute face to face meeting at our offices in Frodsham. Our solicitors have extensive experience of drafting this type of agreement and can ensure that in the event of a dispute then the risk of litigation is minimised.
Book your free initial 30 minute consultation on 01928 735 333 or click here for a call back.