Ƶ

Singapore
Legal Ƶ
Non Executive Director Agreement

Non Executive Director Agreement Template for Singapore

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Non Executive Director Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Non Executive Director Agreement

"I need a Non Executive Director Agreement for our Singapore-listed technology company, appointing a senior banking executive who will chair our audit committee starting March 2025, with standard remuneration terms and additional provisions for international travel."

Celebrated by
Collaborations with
Investors

What is a Non Executive Director Agreement?

The Non-Executive Director Agreement is essential for companies in Singapore seeking to formalize the appointment of independent board members. This document is required when appointing non-executive directors to ensure compliance with Singapore's Companies Act, Corporate Governance Code, and other relevant regulations. The agreement typically covers key aspects such as appointment terms, duties, remuneration, and regulatory compliance requirements. It serves as a crucial governance document that protects both the company's and the director's interests while ensuring transparency in board appointments.

What sections should be included in a Non Executive Director Agreement?

1. Parties: Identification of the company and the non-executive director

2. Background: Context of the appointment and 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: Scope of role and key responsibilities as per Companies Act and Corporate Governance Code

6. Time Commitment: Expected time dedication, board meetings attendance, and other commitments

7. Remuneration: Fees, allowances, and payment terms including tax considerations

8. Confidentiality: Obligations regarding confidential information and compliance with PDPA

9. Termination: Circumstances and process for ending the appointment

What sections are optional to include in a Non Executive Director Agreement?

1. Committee Appointments: Details of specific committee roles and responsibilities, applicable when director will serve on board committees

2. Share Dealing: Rules for trading in company shares, required for listed companies under Securities and Futures Act

3. International Travel: Travel requirements and arrangements, applicable when role involves international commitments

4. Additional Directorships: Rules about holding other directorship positions, relevant when company has specific policies on multiple directorships

What schedules should be included in a Non Executive Director Agreement?

1. Schedule 1: Board Charter: Detailed board responsibilities and governance framework

2. Schedule 2: Code of Conduct: Company's code of conduct and ethics

3. Schedule 3: Committee Terms of Reference: Terms of reference for relevant board committees

4. Appendix A: Remuneration Details: Detailed breakdown of compensation structure and payment terms

5. Appendix B: Conflict of Interest Policy: Detailed policy on managing conflicts of interest as per Companies Act requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions

























Clauses

































Industries

Companies Act (Cap. 50): Primary legislation governing corporate entities in Singapore, covering director's duties, statutory obligations, disclosure requirements, and fiduciary duties

Securities and Futures Act (Cap. 289): Regulates securities trading, including insider trading provisions, disclosure obligations for listed companies, and securities trading restrictions for directors

Corporate Governance Code: Guidelines covering board composition requirements, independence criteria for non-executive directors, committee participation requirements, and recommended governance practices

SGX Listing Rules: For listed companies: specifies director's responsibilities, compliance requirements, and disclosure obligations under stock exchange regulations

Employment Act (Cap. 91): While NEDs are typically not employees, this act is relevant for establishing clear distinction in terms of engagement from regular employment

Personal Data Protection Act 2012: Governs the handling of personal information and data protection obligations in the context of directorship

Income Tax Act: Covers tax treatment of director's fees and related reporting requirements for non-executive directors

Prevention of Corruption Act: Addresses anti-bribery provisions and conflict of interest management for directors

Key Agreement Components: Essential elements including appointment terms, duties, time commitment, remuneration, confidentiality, IP, termination provisions, indemnity and insurance, and conflict of interest procedures

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Non Executive Director Service Agreement

A Singapore-law governed agreement establishing terms of engagement for non-executive directors, ensuring compliance with local corporate governance requirements.

find out more

Medical Director Contract

A Singapore-law governed agreement defining the appointment terms and responsibilities of a Medical Director in a healthcare setting.

find out more

Director Indemnity Agreement

A Singapore law-governed agreement protecting directors against certain liabilities and losses incurred in their role.

find out more

Professional Services Agreement For Medical Director

A Singapore-law governed agreement establishing terms for medical director services in healthcare institutions, ensuring compliance with local medical regulations and professional standards.

find out more

Chief Executive Officer Employment Agreement

A Singapore-law governed employment agreement setting out terms and conditions for a Chief Executive Officer's appointment and service.

find out more

Director Appointment Agreement

A Singapore law-governed agreement setting out terms and conditions for appointing a director to a company's board.

find out more

Director Shareholder Agreement

A Singapore-law governed agreement defining the rights and obligations between company directors and shareholders.

find out more

Director Fee Agreement

A Singapore-law governed agreement establishing the terms of director compensation and benefits between a company and its board director.

find out more

Independent Director Agreement

A Singapore-law governed agreement establishing terms for independent director appointment, compliant with local corporate governance requirements.

find out more

Directors Loan Agreement

A Singapore-law governed agreement documenting loan terms between a company and its director.

find out more

Director Employment Agreement

A Singapore-law governed agreement between event organizers and vendors defining service terms, obligations, and responsibilities for event execution.

find out more

Managing Director Contract Of Employment

A Singapore law-governed employment contract for Managing Directors, outlining key terms and conditions of executive employment.

find out more

Company Director Agreement

A Singapore-law governed agreement establishing the terms and conditions of a director's appointment to a company's board.

find out more

Non Executive Director Agreement

A Singapore-law governed agreement establishing the appointment terms and conditions for a non-executive director to a company's board.

find out more

Executive Director Employment Contract

A Singapore law-governed employment agreement for executive directors, combining both directorship and executive employment obligations.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.