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Director Employment Contract for Ireland

Director Employment Contract Template for Ireland

A comprehensive employment agreement governed by Irish law that establishes the terms and conditions of a director's appointment and employment with a company. This document combines elements of both corporate governance requirements under the Companies Act 2014 and employment law provisions, setting out the director's duties, responsibilities, remuneration, benefits, and obligations. It includes specific provisions for compliance with Irish corporate and employment legislation, including statutory director duties, data protection requirements, and working time regulations. The contract provides detailed terms for appointment, termination, confidentiality, and post-employment restrictions.

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Director Employment Contract

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What is a Director Employment Contract?

The Director Employment Contract is a crucial document used when appointing executive directors to Irish companies, combining both directorship duties and employment terms in a single agreement. It is essential for ensuring compliance with the Companies Act 2014 and Irish employment law while protecting both the company's and director's interests. This contract type is typically used for executive directors who have both operational responsibilities and statutory duties as board members. It includes comprehensive provisions covering appointment terms, remuneration, benefits, duties, confidentiality, intellectual property rights, and post-termination restrictions. The document must comply with Irish corporate governance requirements, employment legislation, data protection laws, and sector-specific regulations where applicable. It serves as the foundational document governing the relationship between the company and its directors who are also employees.

What sections should be included in a Director Employment Contract?

1. Parties: Identification of the company and the director, including full legal names and addresses

2. Background: Context of the appointment, including any relevant company resolution details

3. Definitions: Key terms used throughout the agreement

4. Appointment and Term: Details of the directorship appointment, commencement date, and term (if fixed)

5. Duties and Responsibilities: Comprehensive outline of both executive and statutory director duties

6. Time Commitment: Expected working hours and time dedication to the role

7. Place of Work: Primary work location and any mobility requirements

8. Remuneration: Salary, bonuses, and other financial benefits

9. Benefits: Non-salary benefits including pension, health insurance, and other perks

10. Expenses: Policy on business expenses and reimbursement

11. Holidays and Leave: Annual leave entitlement and other leave provisions

12. Confidentiality: Obligations regarding company confidential information

13. Intellectual Property: Assignment of IP rights created during employment

14. Data Protection: GDPR compliance and data processing provisions

15. Restrictive Covenants: Non-compete and non-solicitation provisions

16. Termination: Grounds and procedures for contract termination

17. Garden Leave: Company's right to place director on garden leave

18. Return of Property: Obligations regarding company property upon termination

19. Governing Law: Specification of Irish law as governing law

What sections are optional to include in a Director Employment Contract?

1. International Travel: Include when role requires significant international travel

2. Share Options: Include when offering equity-based compensation

3. Multiple Directorships: Include when director serves on multiple boards within group companies

4. Regulatory Compliance: Include for regulated industries (e.g., financial services, healthcare)

5. Relocation Provisions: Include when director is relocating for the role

6. Acting as Company Secretary: Include if director will also serve as company secretary

7. Performance Metrics: Include detailed performance criteria and evaluation process

8. Sabbatical Rights: Include if offering sabbatical options after specific service period

9. Insurance and Indemnification: Include detailed D&O insurance and indemnification terms

What schedules should be included in a Director Employment Contract?

1. Schedule 1 - Duties and Responsibilities: Detailed list of specific duties and responsibilities

2. Schedule 2 - Remuneration Package: Detailed breakdown of salary, bonuses, and benefits

3. Schedule 3 - Share Option Scheme: Details of any share option or equity participation schemes

4. Schedule 4 - Company Policies: List of applicable company policies and procedures

5. Schedule 5 - Performance Criteria: Specific KPIs and performance evaluation metrics

6. Appendix A - Board Resolution: Copy of board resolution appointing the director

7. Appendix B - Job Description: Detailed executive role description and requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Ireland

Document Type

Employment Contract

Cost

Free to use
Relevant legal definitions






































Clauses















































Relevant Industries

Financial Services

Technology

Manufacturing

Retail

Healthcare

Professional Services

Construction

Energy

Telecommunications

Transport and Logistics

Real Estate

Education

Media and Entertainment

Pharmaceuticals

Agriculture

Mining and Resources

Relevant Teams

Legal

Human Resources

Company Secretariat

Board of Directors

Executive Committee

Compliance

Finance

Corporate Governance

Risk Management

Operations

Relevant Roles

Executive Director

Managing Director

Chief Executive Officer

Chief Financial Officer

Chief Operating Officer

Chief Technology Officer

Chief Marketing Officer

Regional Director

Country Manager

Division Director

Executive Vice President

Group Director

Commercial Director

Operations Director

Finance Director

Industries










Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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