The Executive Director Employment Contract is a sophisticated legal instrument used when appointing individuals to combined executive and director roles in Australian companies. It is essential when engaging senior leaders who will have both operational responsibilities and statutory duties as board members. The document must comply with Australian corporate law, particularly the Corporations Act 2001 and the Fair Work Act 2009, while addressing ASX requirements for listed companies. This contract type typically includes detailed provisions on remuneration structures, performance expectations, confidentiality obligations, and post-employment restrictions. It's particularly crucial for establishing clear governance frameworks, managing potential conflicts of interest, and protecting company interests while ensuring fair terms for the executive director.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identifies the company and the executive director as parties to the agreement
2. Background: Sets out the context of the appointment and any relevant company information
3. Definitions and Interpretation: Defines key terms and establishes rules for interpreting the agreement
4. Appointment and Term: Details of the appointment as both executive and director, including commencement date and term (fixed or ongoing)
5. Duties and Responsibilities: Comprehensive outline of executive and director duties, reporting lines, and performance expectations
6. Time Commitment and Location: Specifies working hours, location, and travel requirements
7. Remuneration and Benefits: Details of salary, bonuses, benefits, and review mechanisms
8. Leave Entitlements: Annual leave, personal leave, long service leave, and other leave provisions
9. Expenses: Policy on business expenses and reimbursement
10. Confidentiality: Obligations regarding confidential information during and after employment
11. Intellectual Property: Assignment and protection of IP created during employment
12. Conflicts of Interest: Requirements for disclosure and management of conflicts
13. Termination: Grounds for termination, notice periods, and consequences
14. Post-Employment Restrictions: Non-compete, non-solicitation, and other restraints
15. Company Policies: Compliance with company policies and procedures
16. General Provisions: Standard boilerplate clauses including governing law, notices, and entire agreement
1. Equity Participation: Include when the executive is offered shares, options, or other equity instruments
2. International Travel and Duties: Include for roles requiring significant international responsibilities
3. Change of Control: Include provisions dealing with company sale or merger scenarios
4. Garden Leave: Include when there's a desire to have the option to place the executive on paid leave during notice periods
5. Multiple Directorships: Include when the executive holds or may hold director positions in related entities
6. Performance Targets: Include detailed performance criteria when remuneration is heavily performance-based
7. Secondment: Include if the executive may be seconded to related entities or international offices
8. Special Industry Requirements: Include industry-specific obligations for regulated industries (e.g., financial services, healthcare)
9. Sign-on Benefits: Include when offering special incentives or compensation for joining
10. Relocation: Include when the role requires relocation or provides for future relocation possibilities
1. Position Description: Detailed outline of role responsibilities and performance expectations
2. Remuneration Package Details: Comprehensive breakdown of all compensation components
3. Equity Terms and Conditions: Details of any share or option schemes
4. Restraint Provisions: Detailed post-employment restrictions including geographic and temporal limits
5. Company Policies: Key policies the executive must comply with
6. Performance Criteria: Specific KPIs and performance measurement criteria
7. Related Entity Appointments: List of other director/officer positions within the corporate group
8. Approved Outside Interests: List of pre-approved external commitments or directorships
Find the exact document you need
Directors Contract Of Employment
An Australian-compliant employment contract template for appointing company directors, addressing both executive duties and statutory obligations.
Download
Medical Director Contract
An Australian-law governed employment agreement for Medical Director positions, covering clinical leadership and administrative responsibilities in healthcare organizations.
Download
Director Indemnity Agreement
An Australian law-governed agreement providing indemnification to directors for liabilities incurred in their role, subject to Corporations Act 2001 limitations.
Download
Director Exit Agreement
An Australian agreement governing a director's resignation from a company's board and/or executive position, setting out departure terms and mutual obligations.
Download
Agreement For Appointment Of Managing Director
An Australian law-governed agreement establishing the terms and conditions for appointing a Managing Director, addressing both corporate governance and employment aspects.
Download
Executive Director Independent Contractor Agreement
Australian-law agreement establishing dual executive director and independent contractor relationship, addressing corporate governance and contractor obligations.
Download
Director Settlement Agreement
An Australian law-governed agreement documenting terms and conditions of a director's departure from a company's board, including settlements, releases, and ongoing obligations.
Download
Nominee Director Indemnity Agreement
An Australian agreement providing indemnification protection for nominee directors, compliant with the Corporations Act 2001 and related legislation.
Download
Director Profit Sharing Agreement
An Australian law-governed agreement establishing terms for a director's profit-sharing arrangement with a company.
Download
Director Confidentiality Agreement
An Australian law-compliant confidentiality agreement for company directors, protecting sensitive corporate information during and after board service.
Download
Director Shareholder Agreement
An Australian law-governed agreement establishing rights and obligations between company directors and shareholders, defining corporate governance and share dealing frameworks.
Download
Director Fee Agreement
An Australian-law governed agreement establishing director remuneration terms and conditions in compliance with the Corporations Act 2001.
Download
Independent Director Agreement
An Australian law-governed agreement establishing the terms and conditions for the appointment of an independent director, including duties, remuneration, and compliance obligations.
Download
Directors Loan Agreement
An Australian-compliant agreement governing loans between a company and its director, addressing Division 7A requirements and establishing loan terms and conditions.
Download
Managing Director Contract Of Employment
An Australian law-governed employment contract for Managing Directors, outlining executive duties, remuneration, and statutory obligations.
Download
Nominee Director Agreement
An Australian law-governed agreement establishing the appointment and duties of a nominee director, including their responsibilities and protections under Australian corporate law.
Download
Company Director Agreement
An Australian law-governed agreement establishing the terms and conditions of a director's appointment to a company's board, including duties, responsibilities, and remuneration.
Download
Non Executive Director Agreement
An Australian law-governed agreement establishing the appointment terms and conditions for a Non-Executive Director, including duties, remuneration, and statutory obligations.
Download
Executive Director Employment Contract
An Australian law-governed agreement establishing employment terms and conditions for an executive director, addressing both employment relationship and director duties.
Download
Directors Service Agreement
An Australian law-governed agreement establishing the terms, conditions, and obligations between a company and its director under the Corporations Act 2001.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)