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  • Employment Memo - Directors - Appointment and employment - Service agreements - Remuneration - 2119
    The remuneration package of a director may include a salary according to the terms of their service agreement as an employee and fees for performing their services as an officer. The board usually determines the remuneration package of a director, although the task can be delegated to a committee, or reserved to the shareholders. Table A articles allow the board to fix remuneration for employment, but the shareholders can determine fees by ordinary resolution (respectively, Table A, regs 84, 82 ). The Model...
    Published 16.11.2020 Click here
 
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