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Director’s Acknowledgement and Consent
Director’s Acknowledgement and Consent
Original price was: R 709,16.R 496,41Current price is: R 496,41.
An agreement of director’s responsibilities, rights, and obligations in the company.
- Ensures legal compliance.
- Clarifies director’s responsibilities.
- Mitigates potential liability.
DIRECTOR’S ACKNOWLEDGEMENT AND CONSENT
Summary A Director’s Acknowledgement and Consent may be considered where a Company appoints a person to the position of Director.
Why do I need a Director’s Acknowledgement and Consent? A Director’s Acknowledgement and Consent comprises an acknowledgement by the Director that s/he has been appointed to the position of a director by the company. The document confirms the director’s consent to being appointed to this position, and includes a confirmation by the director that s/he is generally knowledgeable about what is required of him/her, and that s/he is not aware of anything that prohibits him/her from accepting the appointment.
What does the document say? The document consists of: The name of the director; A consent to the appointment; A confirmation of what is required of the position; General information pertaining to the position.
What does the document look like? The template can be printed onto three pages.
What do you need to do to use the Director’s Acknowledgement and Consent?
- Read the document to ensure that it suits your requirements. Make changes as required.
- Complete the relevant details, and get the appointed director to sign.
Also viewed: Shareholders Agreements
When a Company appoints a Director, a working knowledge of the Companies Act is required and an expert’s advice should be sought.
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Each document is accompanied by a description. Read the description to see if it will meet your requirements. If you are still uncertain, you can Contact Us with a brief overview of what you need the document for and we will respond as soon as possible.
Our documents are provided in MS Word format, allowing you to adjust and alter the agreement as you require. If you do not have legal experience we do caution you to be circumspect about the extent of the changes that you make.
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