Ƶ

Board Resolution For Employment Agreement for the United States

Board Resolution For Employment Agreement Template for United States

A Board Resolution for Employment Agreement is a formal document that records the board of directors' approval of an employment agreement for a key employee or executive. Under U.S. corporate law, this resolution serves as official documentation of the board's authorization to enter into the employment agreement and typically includes specific terms approved, compensation details, and delegation of signing authority. It ensures compliance with corporate governance requirements and creates a clear record of board action.

Your data doesn't train Genie's AI

You keep IP ownership of your information

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

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Board Resolution For Employment Agreement

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Board Resolution For Employment Agreement?

A Board Resolution For Employment Agreement is utilized when a company needs to formally document its board's approval of hiring key personnel or executives. This document is particularly important in the United States where corporate governance requirements often mandate board approval for significant employment arrangements. The resolution typically includes details about the position, compensation, authority granted, and specific terms approved by the board. It serves both as a compliance document and as protection for the company by demonstrating proper corporate authorization of the employment agreement.

What sections should be included in a Board Resolution For Employment Agreement?

1. Resolution Title and Date: Formal identification of the resolution including corporation name, date, and type of resolution

2. Recitals: Background information including meeting details, quorum confirmation, and purpose of resolution

3. Board Authority Statement: Declaration of board's authority under corporate bylaws and applicable law to approve employment agreement

4. Resolution Details: Specific terms being approved including position, employee name, compensation structure, and scope of authority

5. Authorization: Empowerment of specific officers to execute the employment agreement and related documents

6. Certification: Secretary's certification of the resolution's adoption and accuracy

What sections are optional to include in a Board Resolution For Employment Agreement?

1. Quorum Confirmation: Detailed statement confirming meeting quorum when specifically required by corporate bylaws

2. Voting Results: Breakdown of voting outcomes, particularly important for public companies or contested decisions

3. Additional Approvals: References to other required approvals, particularly relevant for regulated industries or special circumstances

4. Compliance Statements: Specific statements confirming compliance with relevant laws and regulations when required

What schedules should be included in a Board Resolution For Employment Agreement?

1. Employment Agreement: Complete text of the employment agreement being approved by the board

2. Compensation Schedule: Detailed breakdown of compensation package including salary, benefits, bonuses, and equity components

3. Meeting Minutes: Full minutes of the board meeting where the resolution was adopted

4. Required Regulatory Filings: Copies of any required regulatory filings associated with the employment agreement

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

Jurisdiction

United States

Publisher

Ƶ

Document Type

Board Resolution

Cost

Free to use
Clauses



















Industries

Fair Labor Standards Act (FLSA): Federal law governing minimum wage, overtime pay, recordkeeping, and child labor standards. Key considerations include minimum wage requirements, overtime calculations, and employee record maintenance obligations.

Equal Employment Opportunity Laws: Collection of federal laws including Title VII of the Civil Rights Act, ADA, ADEA, and Equal Pay Act, protecting against workplace discrimination based on race, color, religion, sex, national origin, age, and disability.

Immigration Reform and Control Act (IRCA): Federal law requiring employers to verify employment eligibility of all employees through Form I-9 verification process.

Family and Medical Leave Act (FMLA): Federal law requiring covered employers (50+ employees) to provide eligible employees with unpaid, job-protected leave for specified family and medical reasons.

Internal Revenue Code: Federal tax regulations governing employee classification (W2 vs. 1099), tax withholding requirements, and employment tax obligations.

State Labor Laws: State-specific regulations governing employment conditions including state minimum wage, paid leave requirements, break time regulations, and state overtime rules.

State Corporation Laws: State-specific regulations governing corporate governance, including board authority, voting requirements, quorum requirements, and documentation standards for board resolutions.

Company Bylaws Compliance: Internal company regulations specifying procedures for board resolutions, required approvals, and notice requirements for corporate actions.

Securities Laws: SEC regulations applicable to public companies regarding executive compensation disclosure and related party transaction requirements.

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

Unanimous Resolution Of The Board

A U.S. corporate document recording unanimous decisions made by all board members without a formal meeting.

find out more

Trustee Appointment Resolution

A formal U.S. legal document that officially appoints a trustee and outlines their powers and responsibilities in managing a trust.

find out more

Simple Corporate Resolution

A U.S. corporate resolution document recording formal decisions made by a corporation's board of directors or shareholders.

find out more

Shareholder Resolution For Appointment Of Director

A formal US corporate document recording shareholders' approval for appointing a new board director.

find out more

Shareholder Resolution Appointing Directors

A U.S. corporate document formalizing shareholders' appointment of new board directors, compliant with federal and state regulations.

find out more

Resolution To Remove Signatory From Bank Account

A U.S. corporate resolution document that officially removes an individual's bank account signing authority.

find out more

Resolution To Open Bank Account For Association

A U.S. legal document authorizing an association to open and maintain bank accounts through designated representatives.

find out more

Resolution To Appoint New Director

A U.S. corporate resolution documenting the formal appointment of a new member to a company's board of directors.

find out more

Resolution To Appoint Authorised Signatory

A U.S. corporate resolution that formally designates individuals with authority to sign documents and conduct transactions on behalf of an organization.

find out more

Resolution Resignation Of Director

A formal U.S. corporate document recording board acceptance of a director's resignation and authorizing related actions.

find out more

Resolution Of The Sole Director

A U.S. corporate document recording formal decisions made by a corporation's sole director, serving as an official record of corporate actions.

find out more

Resolution Of Sole Director

A U.S. corporate document recording formal decisions made by a corporation's sole director, serving as official documentation of corporate actions.

find out more

Resolution Of Resignation Of Director

A formal U.S. corporate document recording and accepting a director's resignation from a company's board, complying with federal and state requirements.

find out more

Resolution Of Directors Signing Authority

A U.S. corporate resolution that formally delegates signing authority to specified individuals within an organization.

find out more

Resolution Of Board Of Directors To Open Bank Account

A U.S. corporate resolution authorizing the establishment of a bank account and designating authorized signatories.

find out more

Resolution Of Board Of Directors For Authorised Signatory

A U.S. corporate document that formally delegates signing authority to designated individuals within an organization, as approved by the board of directors.

find out more

Resolution Of Authorised Signatory

A U.S. corporate document that formally designates individuals authorized to sign documents and enter into binding agreements on behalf of an organization.

find out more

Resolution From Board Of Directors

A formal U.S. corporate document recording decisions made by a company's Board of Directors, compliant with federal and state corporate laws.

find out more

Resolution For Opening Bank Account Of Company

A U.S. corporate document authorizing the opening of a company bank account and designating authorized signatories.

find out more

Resolution For Director Resignation

A formal U.S. corporate document recording the board's acceptance of a director's resignation and implementing the departure process.

find out more

Resolution For Change In Authorised Signatory In Bank

A U.S. corporate resolution document authorizing changes to bank account signatories.

find out more

Resolution For Authorized Signatory

A U.S. corporate document that formally authorizes specific individuals to sign documents and enter into agreements on behalf of a company.

find out more

Resolution For Authorised Signatory In Bank

A formal U.S. corporate resolution designating individuals authorized to conduct banking transactions on behalf of an organization.

find out more

Resolution For Authorisation To Sign Documents

A U.S. corporate resolution authorizing designated individuals to sign documents on behalf of the organization.

find out more

Resolution For Appointment Of Trustee

A U.S. legal document formally appointing a trustee and defining their powers and responsibilities under state and federal law.

find out more

Resolution For Appointment Of Nominee Director

A U.S. corporate resolution document formalizing the appointment of a nominee director to a company's board of directors.

find out more

Resolution Document From Board Of Directors

A formal U.S. legal document recording decisions made by a company's board of directors, serving as an official record of corporate actions.

find out more

Resolution Appointment Of Director

A U.S. corporate document formally recording a board's decision to appoint a new director, complying with federal and state requirements.

find out more

Resolution Appointing Officers

A formal U.S. corporate document recording the Board's appointment of company officers, subject to federal and state corporate laws.

find out more

Resolution Appointing New Board Members

A U.S. corporate resolution that formally documents the appointment of new board members, ensuring compliance with federal and state regulations.

find out more

Resignation Of Director Resolution

A U.S. corporate document formally accepting a director's resignation from the board, complying with federal and state requirements.

find out more

Resignation Of Director Minutes

An official record of a board meeting documenting a director's resignation, complying with U.S. corporate law requirements.

find out more

Resignation Of Director Board Resolution

A U.S. corporate document formally recording a board's acceptance of a director's resignation and related decisions.

find out more

Removal Of Director Resolution

A U.S. corporate resolution documenting the formal removal of a director from a company's board.

find out more

Partnership Resolution To Open Bank Account

A U.S. legal document authorizing the opening and operation of a partnership bank account, complying with federal and state banking regulations.

find out more

Partnership Resolution For Opening Bank Account

A formal U.S. partnership document authorizing the opening of a bank account and designating authorized individuals to conduct banking transactions.

find out more

Opening Of Bank Account Board Resolution

A formal U.S. corporate resolution authorizing the opening and operation of a bank account with specified authorized signatories and banking powers.

find out more

Generic Corporate Resolution Form

A U.S. corporate governance document recording formal decisions made by a company's board of directors or shareholders.

find out more

Generic Corporate Resolution

A formal U.S. corporate document recording official decisions made by a corporation's governing body, compliant with federal and state laws.

find out more

Dividend Declaration Board Resolution

A U.S. corporate document recording the board's formal decision to distribute dividends to shareholders.

find out more
See more related templates

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