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
What is a shareholders' resolution to set director remuneration (circulating resolution)?
keyboard_arrow_upWhen should you use a shareholders' resolution to set director remuneration (circulating resolution)?
keyboard_arrow_upWhat should be in a shareholders' resolution to set director remuneration (circulating resolution)?
keyboard_arrow_upDoes this document comply with Australian law?
keyboard_arrow_upWhat are the main limitations of this resolution?
keyboard_arrow_upWhat steps should be taken after passing the resolution?
keyboard_arrow_upWho should use this resolution?
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.
Articles about Shareholders' Resolution to Set Director Remuneration (Circulating Resolution)
Can Shareholders Remove a Director From a Company?
The rules governing the process on how shareholders can remove a director from a company will depend on several considerations. Find out more here.
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There's no one correct form of shareholders agreement. This raises the question, what should you include in your shareholders agreement? Find out here.
Steps for Removing a Company Director
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How to Pay Yourself as a Company Director: A Complete Guide
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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.
What Are Director Fees?
Learn all about director fees and how to manage the tax obligations that arise from these payments.
Do You Need Shares to Be a Company Director?
A director can choose to have shares in their company. But is this a requirement? Read our guide to find out whether a director must hold shares.
Company Constitution or Replaceable Rules: The Differences
A company's internal affairs can be managed under both a company constitution and replaceable rules. Learn which is better here.
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