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Independent Director Agreement
"Need an Independent Director Agreement for our Singapore-listed technology company, including specific provisions for cryptocurrency trading restrictions and quarterly board committee meetings, with the appointment starting March 1, 2025."
1. Parties: Identification of the Company and the Independent Director
2. Background: Context of appointment and company information
3. Definitions: Key terms used throughout the agreement
4. Appointment and Term: Terms of appointment, duration, and renewal conditions
5. Duties and Responsibilities: Detailed outline of director's roles, including statutory duties and board committee responsibilities
6. Independence Requirements: Criteria and ongoing obligations to maintain independent status
7. Remuneration: Fee structure, payment terms, and expense reimbursement
8. Confidentiality: Non-disclosure obligations and handling of confidential information
9. Termination: Conditions for termination and resignation procedures
1. Insurance and Indemnification: Details of D&O insurance coverage and company indemnification
2. Share Dealing: Rules and restrictions on trading company shares for listed companies
3. Additional Board Committees: Specific committee appointments and responsibilities when director serves on specific committees
4. Training and Development: Required training programs and professional development requirements
1. Schedule 1 - Independence Declaration: Director's declaration confirming independence criteria
2. Schedule 2 - Remuneration Details: Detailed breakdown of fees and payment structure
3. Schedule 3 - Code of Conduct: Company's code of conduct and ethics policies
4. Appendix A - Board Committee Charters: Terms of reference for relevant board committees
5. Appendix B - Conflict of Interest Policy: Company's policy on managing conflicts of interest
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