Directors' Resolution to Approve Payment to Company Officer (Circulating Resolution)
This Directors' Resolution may be used to approve a payment to a company officer (such as a director or secretary) to enable them to perform their duties or on account of a payment made on behalf of the company.
Last updated January 15, 2025
Suitable for Australia
Create & Customise Legal Templates Online
What is a directors' resolution to approve payment to company officer (circulating resolution)?
What is a directors' resolution to approve payment to company officer (circulating resolution)?
When should you use a directors' resolution to approve payment to company officer (circulating resolution)?
When should you use a directors' resolution to approve payment to company officer (circulating resolution)?
What should be in a directors' resolution to approve payment to company officer (circulating resolution)?
What should be in a directors' resolution to approve payment to company officer (circulating resolution)?
How to create a legal document
- check_circle
Access the Document Library
- check_circle
Select the template that matches your needs
- check_circle
Customise by adding or removing clauses with assistance from Lawpath AI
- check_circle
Personalise with your headers, footers, logos, or additional text
- check_circle
Store all documents securely in your account for easy access
Frequently asked questions
What is a directors' resolution to approve payment to company officer (circulating resolution)?
keyboard_arrow_upWhen should you use a directors' resolution to approve payment to company officer (circulating resolution)?
keyboard_arrow_upWhat should be in a directors' resolution to approve payment to company officer (circulating resolution)?
keyboard_arrow_upWhat protections does this resolution provide for the company?
keyboard_arrow_upAre there any limitations or risks in using this document?
keyboard_arrow_upHow do I use this resolution in practice?
keyboard_arrow_upWho can use this document and where is it valid?
keyboard_arrow_upView Sample Directors' Resolution to Approve Payment to Company Officer (Circulating Resolution)
The Legal Risk Score of a Directors' Resolution to Approve Payment to Company Officer (Circulating Resolution) Template is Medium
Our legal team have marked this document as medium risk considering:
- This is a standard document.
- The resolution relies on the unanimous consent of all officeholders, which could delay or complicate the appointment process if consensus is not readily achieved.
Users familiar with corporate governance will find the document straightforward, but should remain cautious about these gaps and consider additional safeguards or clarifications to mitigate potential risks.
Articles about Directors' Resolution to Approve Payment to Company Officer (Circulating Resolution)
How to Pay Yourself as a Company Director: A Complete Guide
Can you pay yourself if you're a company director? Read along to know the various options available to you and pay yourself like a pro.
Who Gets Paid During Voluntary Administration?
Can creditors force a Company in Voluntary Administration to pay their debt? Will employee benefits be withheld? Read further to find out.
Ordinary vs Special Resolution: Key Differences
Are you looking to pass a company resolution? Do you know the difference between an ordinary and special resolution? Read on to find out more.
Can I Sell My Business If It's Insolvent?
Are you looking to sell your business? Is it currently insolvent? Understand what is involved with this process in this blog article.
What Is A Company Resolution?
Just selected a new board? Need to learn how to pass a resolution? Read on to learn more about the importance of resolutions in corporate governance.
Minimum Officeholders Required for Australian Companies
A company needs to have a minimum number of officeholders in order to be legally compliant. Read this article to find out what they are.
5 Key Things to Include in Your Company Constitution
A company constitution governs how a company is managed. Read this article to learn what things you should consider when writing your company's constitution
Everything Company Directors Should Know About Liabilities
Liabilities of directors can take many forms. What if you could avoid being personally liable when things go wrong? Find out all the details.
Difference Between Company Directors & Officeholders
Learn the difference between Company Officeholders and Directors. Find out what their respective duties are.
Looking for more documents?
Privacy Policy
A Privacy Policy outlines how your business will use, store and collect your customers' information. A Privacy Policy is required by law in certain circumstances.
Loan Agreement
This Loan Agreement can be used by lender when offering a loan to a Borrower.
Non-Disclosure Agreement (Mutual)
A Non-Disclosure Agreement (Mutual) allows you and another party to share confidential information while legally forbidding either party from disclosing that information to any other person or entity.
Non-Disclosure Agreement (One Way)
A Non-Disclosure Agreement (One Way) allows you and another party to share confidential information while legally forbidding the other party from disclosing that information to any other person or entity.
Business Sale Agreement
A Business Sale Agreement is used to clearly set out all relevant terms of the sale when selling or buying a business.
Shareholders Agreement
A Shareholders Agreement allows you to clarify the relationship between shareholders of your company.
Services Agreement (Pro-Supplier)
This Services Agreement (Pro-Supplier) sets out the relationship between you, the service provider, and the business receiving the services. This version of the Services Agreement is drafted in favour of the supplier from a commercial and legal perspective.
Discretionary Trust Deed
A Discretionary Trust Deed is used to establish a discretionary trust in any state or territory in Australia.