Executive Agreement
This Executive Agreement allows a company to employ a person as an executive, which generally means a non-executive director.
Last updated January 21, 2025
Suitable for Australia
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What is a executive agreement?
What is a executive agreement?
When should you use a executive agreement?
When should you use a executive agreement?
What should be in a executive agreement?
What should be in a executive agreement?
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Frequently asked questions
What is a executive agreement?
keyboard_arrow_upWhen should you use a executive agreement?
keyboard_arrow_upWhat should be in a executive agreement?
keyboard_arrow_upHow does this agreement differ from a standard director agreement?
keyboard_arrow_upWhat protections and obligations does this agreement provide?
keyboard_arrow_upAre there any risks or limitations to be aware of?
keyboard_arrow_upWhat steps should be taken after completing the agreement?
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The Legal Risk Score of a Executive Agreement Template is Medium
Our legal team have marked this document as medium risk considering:
- Directors are given a range of indemnities and powers, which can be a burden on the running on the company.
- The director will be non-independent and that may affect their trust and decision making.
- The director may have different rights and obligations to other directors, which may cause tension.
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