private company appointment letter format doc
Letter for appointment
Extract of this private company appointment letter :
APPOINTMENT AS NON-EXECUTIVE DIRECTOR
I am pleased to confirm that the Board of ___________ Limited has resolved that you be offered a position as a Non-executive Director of the Company. The purpose of this letter is to confirm the basis of your appointment should you be willing to accept. Would you please sign and return the attached copy in acknowledgement.
Term of Appointment
Your appointment will be made pursuant to the Company’s Constitution and is initially for the period expiring at the next Annual General Meeting, at which time shareholders will consider your re-election for a further period of up to 3 years. Thereafter, one-third of Directors retire by rotation annually and may offer themselves for reappointment.
You may resign by notice in writing at any time and, under the Corporations Act and the Constitution, your appointment may cease in certain prescribed circumstances.
