Appointment Letter For Non-Executive Independent Director is a formal letter appointing a person as non-executive director executive director.
When a company hires a director an appointment letter that outlines the terms & conditions of the role and the said duties are given to confirm the appointment. Also, the director plays an important role in the company and this document helps in describing the expectations role.
Major elements of the Appointment letter for Non-executive directors are as under:
1. Role and duties
Director is not involved in day tom day management of the company. They support the company to strategic plan/proposal and the performance of the management.
2.Time Commitment
3. Fees or remuneration
4. Resignation or termination
5. Conflict of interest
6. Governing law
7. Board evaluation criteria
8. Code of ethics
9. Confidentiality clause
If you need an Appointment Letter For Non-Executive Independent Director uses this document. You may also find other compensation and benefits related document templates to use here:
Source: https://www.smartbusinessbox.com/appointment-letter-for-non-executive-independent-director/
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