Board Agreement Template – Australia

The Board Agreement Template – Australia is offered in multiple formats, including PDF, Word, and Google Docs. These formats are fully customizable and ready for printing, ensuring they cater to your specific requirements effortlessly.


Sample

Board Agreement Template – Australia

Editable | Printable



1. Parties Involved



2. Purpose of the Board Agreement

3. Roles and Responsibilities

4. Term of Service

5. Compensation

6. Meetings and Attendance

7. Conflict of Interest Policy

8. Confidentiality Agreement

9. Amendment of Agreement

10. Governing Law

11. Signatures and Acceptance




PDF


WORD

Examples


Board Agreement Template – Australia (1)
Between:
[Director’s Name]
[Director’s ID]
[Director’s Address]
[Director’s Phone]
[Director’s Email]
And:
[Company Name]
[Company ID]
[Company Address]
[Company Phone]
[Company Email]
Introduction:
This Board Agreement (“Agreement”) outlines the roles, responsibilities, and expectations of [Director’s Name] as a member of the board of directors for [Company Name], commencing on [Start Date].
Clause 1: Responsibilities
The Director agrees to act in the best interests of the Company, attend board meetings, provide oversight on strategic initiatives, and engage in decision-making processes.
Clause 2: Compensation
The Director shall receive an annual fee of [amount], payable in [monthly/quarterly] installments, and can be eligible for performance bonuses as determined by the board.
Clause 3: Confidentiality
The Director agrees to keep all proprietary information regarding the Company confidential and shall not disclose it to any third parties without prior written consent.
Clause 4: Termination
This Agreement may be terminated by either party with [Notice Period], or for cause, including violation of company policies or failure to fulfill responsibilities.
Clause 5: Indemnification
The Company agrees to indemnify the Director against any liabilities incurred while acting in good faith as a member of the board, in accordance with applicable laws.
Clause 6: Governing Law
This Agreement shall be governed by the laws of Australia.
Signed in [City], [Date].
Sincerely,
[Director’s Signature]
[Director’s Name]
[Chairperson’s Signature]
[Chairperson’s Name]
Board Agreement Template – Australia (2)
Between:
[Director’s Name]
[Director’s ID]
[Director’s Address]
[Director’s Phone]
[Director’s Email]
And:
[Company Name]
[Company ID]
[Company Address]
[Company Phone]
[Company Email]
Introduction:
This Agreement outlines the relationship and key duties of the Director as a member of the board of directors of [Company Name], effective from [Start Date].
Clause 1: Board Meetings
The Director agrees to attend all scheduled board meetings and participate actively in discussions, bringing relevant expertise and viewpoints.
Clause 2: Code of Conduct
The Director shall adhere to the Company’s Code of Conduct, demonstrating integrity and professionalism in all interactions and decisions.
Clause 3: Conflict of Interest
The Director shall disclose any potential conflicts of interest and abstain from voting on matters where the conflict exists.
Clause 4: Evaluation
The performance of the Director will be reviewed annually by the board, and feedback will be provided to aid in personal and professional development.
Clause 5: Governing Law
This Agreement shall be governed by the laws of Australia, and any disputes shall be resolved in accordance with local jurisdiction.
Signed in [City], [Date].
Sincerely,
[Director’s Signature]
[Director’s Name]
[Chairperson’s Signature]
[Chairperson’s Name]

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Board Agreement Template - Australia