Directors Service Agreements and Executive Service Contracts
Experience shows that businesses which take the time to properly consider the terms and conditions of employment that they offer to their senior employees and executives are likely to be attractive to potential new hires.
In addition, well-drafted service agreements can assist with the engagement and retention of key existing members of staff (reducing the risk that they may one day be tempted to leave and try their luck with a competitor).
However and as with most other things in life, there is a balance to be struck between incentivising and rewarding key employees and protecting the interests of the business. With that in mind we also take the time to get to know your business and work with you in order to ensure that the service agreements that we prepare for you adequately protect those interests. Examples of the types of additional issues our employment lawyers commonly address with clients when undertaking this type of work include:
- Notice periods
- Restrictions on other employment
- Garden leave
- Confidential information
- Intellectual property
- Bonus schemes
- Restrictive covenants
We’re happy to agree a deadline with you for carrying out work in connection with the preparation and drafting of an executive service agreement or a directors service agreement. We also offer a range of pricing options including fixed fees.
Talk to us
Lupton Fawcett are a leading personal and commercial law firm in Yorkshire with well-established offices of highly experienced solicitors in Leeds, Sheffield and York.
We provide a personalised service, with sector specialists and extensive resources to ensure we are giving you the best solutions to your problems.
Within every area of law, we put your interests first.
Our Employment Law Solicitors act regularly for clients across the United Kingdom including Bradford, Birmingham, Hull, Leeds, Liverpool, London, Manchester, Sheffield, York and Nottingham. We also provide specialist niche legal and commercial services for Irish companies wishing to do business in the UK and legal advice for UK companies trading in the Republic of Ireland. We can support your needs wherever you live in England, Wales, Northern Ireland and Ireland.
We will always respond promptly, and we will be happy to help.