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Director's Service Agreement
Free director's service agreement template — the employment-style contract for an executive director's role and compensation.
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This free director's service agreement covers 1. Appointment, 2. Duties, 3. Compensation, 4. Term, 5. Termination with 11 clearly marked [placeholder] fields to fill in — built for founders, freelancers, and small business owners formalizing a business decision or agreement without paying a lawyer to draft it from scratch. Copy it into your own word processor, fill in the placeholders, and review it — or adapt it — before use. It's part of docstoc's free document template library, alongside business, legal, real estate, finance, and HR templates. Every template here is free to copy with no signup required, and each one carries a plain disclaimer: this is a starting point for informational purposes, not a substitute for advice from a licensed professional in your jurisdiction.
Director's Service Agreement
Company: [Company Name] Director: [Name] Effective Date: [Date]
1. Appointment
Company appoints Director as [Executive Director / Managing Director / other title], subject to shareholder approval where required by the Company's bylaws.
2. Duties
Director will [manage the Company's day-to-day affairs / oversee [specific area]], reporting to the Board.
3. Compensation
Base compensation: [Amount] per year, plus [bonus structure/equity, if applicable].
4. Term
This Agreement runs for [Term], [with automatic renewal unless either party gives notice].
5. Termination
[Grounds for termination — resignation, removal by shareholder vote per bylaws, for cause — and any severance owed.]
6. Confidentiality and Non-Compete
[Reference or include confidentiality obligations and any post-termination restrictions, consistent with enforceability limits in your jurisdiction.]
7. Indemnification
Company will indemnify Director for actions taken in good faith in this role, to the extent permitted by [State] law and the Company's bylaws.
8. Governing Law
This Agreement is governed by the laws of [State/Country].
Company: ______________________ Date: ____________ Director: ______________________ Date: ____________
*This document is provided for informational and educational purposes only and does not constitute legal advice. A director's removal and compensation terms need to be consistent with the Company's own bylaws/articles — have a licensed corporate attorney confirm this agreement doesn't conflict with those governing documents.*
Edit directly in the box above. Download PDF anytime — the docstoc.io footer is always included and cannot be removed.
What's included
- Edit online — click the document, fill in placeholders, download a PDF
- 8 standard sections: 1. Appointment, 2. Duties, 3. Compensation, 4. Term, 5. Termination, 6. Confidentiality and Non-Compete, …
- 11 clearly marked [placeholder] fields for quick personalizing
- Free to use — no account or signup required
- Fully editable — adjust any clause to match your actual situation
- Includes a signature block, ready to print or sign digitally
- Fixed docstoc.io footer on every PDF (not removable)
Who this template is for
Freelancers & solo founders
Handling routine business paperwork without commissioning custom legal drafting for every document.
Small businesses
Standardizing recurring documents — leases, agreements, notices — across a growing operation.
Anyone reviewing before signing
Using a clear starting structure to understand what a document should cover, even if a lawyer finalizes it.
Early-stage businesses
Getting the basics documented before things get more complex.
FAQ
Is this director's service agreement template really free?
Yes, completely free — view, edit, and download this director's service agreement as a PDF without creating an account.
What does this director's service agreement cover?
This business template includes 1. Appointment, 2. Duties, 3. Compensation, 4. Term. Fill in the [bracketed] placeholders, edit any clause online, then download a PDF — the docstoc.io footer stays on every export.
Is this legal advice?
No. Templates like this cover the common ground most businesses need, but they can't anticipate your specific deal terms, jurisdiction, or industry rules. Treat it as a first draft to build from, and get a business attorney's eyes on it before signing anything that matters.
Can I edit the wording?
Yes. All 11 placeholder fields and every clause are editable right on the page — change what doesn't fit, then download an updated PDF anytime.
Where can I find more free templates like this?
Browse more free business and related document templates in the docstoc library at /document-templates/.
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