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IE-EMP072 Letter to director, to discuss termination of directorship and employment | | Price: € 13.5 |
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Who will use this document:
A company chairman looking to part company with a board member who is also an employee.
Key features:
As any experienced chairman knows, there can be few tasks more difficult than to arrange the departure of a board colleague. This is all the more difficult in this case, where the director is Finance Director and responsible for the entire financial function of the Company.
We provide a complete example scenario in the template so that you can easily adapt to suit your company. Here, we use Frank. Frank is Finance Director. He has been promoted internally, and still has a continuous, but not a fixed term, contract. The considerations of the chairman in drafting this carefully crafted letter to Frank were:
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to achieve his aim of procuring Frank's departure from the board and from the Company too, at least cost and with least disruption;
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to avoid handing to Frank a successful claim for unfair dismissal;
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to avoid Frank considering he has a claim for constructive dismissal;
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to avoid a contractual claim by Frank for breach of contract;
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to avoid a public argument or adverse publicity which might affect his company's share price.
The Chairman’s strategy:
Net Lawman cannot provide a “one size fits all” solution or document for this situation. In this example letter, the chairman is aware of the pitfalls to an employer of the employment legislation at large. What he tries to do is to take a low key approach which protects the position of the Company, and yet which prompts Frank to see that his best course is to approach a solicitor and negotiate a settlement. At this stage he takes great care to make clear that Frank's employment is not at issue.
This in particular, is an area where direct advice from Net Lawman on your particular circumstances may be critical. Net Lawman has an association with a group of specialist lawyers who will be happy to advise or check your draft or negotiate for you or with you. Here are details of our lawyers.
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IE-EMP072 Letter to director, to discuss termination of directorship and employment | | Price: € 13 |
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Document length: 500+ words; Explanatory notes: 0 words |
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Buying procedure explained : | - Click on "buy this document";
- provide your e-mail address and password;
- provide usual basic contact information and choose cheque or credit card payment;
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- download your document and your invoice from the document collection point on our home page;
- you may need to allow two or three minutes for your payment to be processed before your document is available;
- you have 30 days within which to collect your document as often as you like;
- you can use your document as often as you like for one company or business only.
- your document is provided in format readable by most word processing programmes.
- If you choose to pay by cheque please print the form we provide, as instructed.
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