Shareholders' Resolution to Set Director Remuneration (Circulating Resolution)
This Shareholders' Resolution can be voted on as an ordinary resolution to set the total remuneration for directors.
Last updated May 23, 2025
Suitable for Australia
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What is a shareholders' resolution to set director remuneration (circulating resolution)?
What is a shareholders' resolution to set director remuneration (circulating resolution)?
When should you use a shareholders' resolution to set director remuneration (circulating resolution)?
When should you use a shareholders' resolution to set director remuneration (circulating resolution)?
What should be in a shareholders' resolution to set director remuneration (circulating resolution)?
What should be in a shareholders' resolution to set director remuneration (circulating resolution)?
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Frequently asked questions
Who can use this resolution document?
keyboard_arrow_upDoes this resolution set individual director pay or just the total amount?
keyboard_arrow_upWhat are the key legal risks of using this resolution?
keyboard_arrow_upWhat follow-up actions are required after passing the resolution?
keyboard_arrow_upCan this resolution be used if the company constitution has different rules?
keyboard_arrow_upIs the managing director's remuneration covered by this resolution?
keyboard_arrow_upHow quickly can this resolution be completed?
keyboard_arrow_upView Sample Shareholders' Resolution to Set Director Remuneration (Circulating Resolution)
The Legal Risk Score of a Shareholders' Resolution to Set Director Remuneration (Circulating Resolution) Template is Low
Our legal team have marked this document as low risk considering:
- There is a risk associated with setting a fixed remuneration for the board of directors without specifying criteria for adjustment, which could lead to financial inflexibility in responding to changes in company performance or market conditions.
- The resolution requires the officeholders to undertake necessary actions to implement the changes, which could pose a risk if the officeholders lack the expertise or resources to effectively manage these legal and administrative tasks.
- The document does not specify the process or criteria for dividing the total remuneration among the board members, which could lead to potential conflicts or dissatisfaction among directors regarding compensation fairness.
Meet Our Users
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