Create a bespoke document in minutes, Â or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Director Exit Agreement
"I need a Director Exit Agreement for our company's CFO who is retiring on March 1, 2025, including provisions for his retained share options and a 12-month advisory role to assist with transition."
1. Parties: Identification of the company and the departing director
2. Background: Context of the director's appointment and reason for exit
3. Definitions: Key terms used tHRoughout the agreement
4. Effective Date of Resignation: Specific date when directorship ends
5. Resignation Terms: Core terms of the exit including board and subsidiary positions
6. Final Payments: Details of any final compensation or benefits
7. Company Property: Return of company assets and documents
8. Confidentiality: Ongoing confidentiality obligations
9. General Provisions: Standard boilerplate clauses
1. Share Options: Treatment of existing share options when director holds share options
2. Non-Compete: Restrictions on future employment or business activities when company wishes to restrict future activities
3. Ongoing Advisory Role: Terms of any continuing advisory relationship when director will maintain advisory role
4. Mutual Release: Mutual waiver of claims when clean break is desired
1. Schedule of Directorships: List of all director positions being resigned from
2. Schedule of Company Property: Inventory of items to be returned
3. Schedule of Outstanding Share Options: Details of share options and treatment
4. Form of Announcement: Draft of public announcement if required
5. Resignation Letters: Form of resignation letters for various positions
Authors
Find the exact document you need
Download our whitepaper on the future of AI in Legal
³Ò±ð²Ô¾±±ð’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.