Non Executive Director Contract for Services​

The contract usually details the duration of the appointment, remuneration, and any benefits or expenses the NED is entitled to receive. Additionally, it defines the NED's duties, which often include providing independent oversight, offering strategic advice, and sometimes being involved in risk management and governance matters.

Understanding confidentiality, conflicts of interest, and termination provisions are critical components of this contract, as they protect both the NED and the company's interests. By setting these terms in writing, the contract helps maintain professional standards and ensures that both parties are committed to the success and ethical governance of the company.