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1. Parties: Identification of the company and the director, including their full legal names and addresses
2. Background: Context of the appointment, including company information and the basis for engaging the director
3. Definitions: Key terms used throughout the agreement, including specific corporate and legal terminology
4. Appointment and Term: Details of the director's role, position, and duration of appointment
5. Duties and Responsibilities: Comprehensive outline of the director's duties, including statutory obligations and specific responsibilities
6. Time Commitment: Expected working hours, availability, and commitment to board meetings
7. Remuneration and Benefits: Salary, bonuses, allowances, and other benefits as per UAE labor law requirements
8. Leave Entitlements: Annual leave, sick leave, and other leave entitlements as per UAE labor law
9. Confidentiality: Obligations regarding confidential information and trade secrets
10. Conflicts of Interest: Provisions for declaring and managing conflicts of interest
11. Intellectual Property: Ownership and rights related to intellectual property created during directorship
12. Termination: Grounds and procedures for termination, notice periods, and consequences
13. Post-Termination Obligations: Non-compete, non-solicitation, and other post-termination restrictions
14. Governing Law and Jurisdiction: Specification of UAE law application and dispute resolution procedures
1. Share Options and Equity Participation: Required for directors receiving share options or equity-based compensation
2. International Travel: Necessary for roles requiring significant international travel, including allowances and insurance
3. Multiple Directorships: Required for group company arrangements where director serves on multiple boards
4. Free Zone Specific Provisions: Needed when the company operates within DIFC, ADGM, or other free zones
5. Corporate Governance Compliance: Additional requirements for listed companies or regulated entities
6. Performance Metrics: Specific KPIs and performance evaluation criteria
7. Insurance and Indemnification: Detailed provisions for director's liability insurance and indemnification
8. Subsidiary Board Positions: Required when director serves on boards of subsidiary companies
1. Schedule 1 - Remuneration Package: Detailed breakdown of salary, allowances, and benefits
2. Schedule 2 - Position Description: Detailed role specification and responsibilities
3. Schedule 3 - Company Policies: List of applicable company policies and procedures
4. Schedule 4 - Performance Criteria: Specific metrics and targets for performance evaluation
5. Schedule 5 - Share Option Terms: Details of any share option or equity participation scheme
6. Appendix A - Board Resolution: Copy of board resolution approving the appointment
7. Appendix B - Statutory Declarations: Required declarations under UAE Companies Law
Financial Services
Technology
Manufacturing
Real Estate
Healthcare
Retail
Energy
Transportation
Professional Services
Construction
Telecommunications
Education
Hospitality
Media and Entertainment
Mining and Resources
Legal
Human Resources
Corporate Governance
Board Secretariat
Compliance
Finance
Executive Office
Risk Management
Executive Director
Non-Executive Director
Managing Director
Independent Director
Board Chairman
Vice Chairman
Regional Director
Finance Director
Technical Director
Operations Director
Commercial Director
Group Director
Resident Director
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