All Countries
Corporate Governance
Company Director Agreement

Company Director Agreement Template for Indonesia

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Company Director Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Company Director Agreement

"I need a Company Director Agreement for appointing a new Finance Director to our Jakarta-based technology company starting March 1, 2025, including provisions for share options and responsibilities for our planned IPO."

Celebrated by
Collaborations with
Investors
Document background
The Company Director Agreement serves as a crucial legal document in Indonesian corporate governance, establishing the formal relationship between a company and its appointed director. This agreement is essential when appointing new directors or renewing existing appointments, ensuring compliance with Law No. 40 of 2007 on Limited Liability Companies and related regulations. It comprehensively covers appointment terms, duties, remuneration, and obligations while incorporating specific requirements of Indonesian corporate law, including mandatory provisions for director responsibilities and corporate governance. The document is particularly important for establishing clear parameters of authority, protecting company interests, and ensuring transparent governance structures in accordance with Indonesian legal requirements.
Suggested Sections

1. Parties: Identification of the company and the appointed director

2. Background: Context of the appointment and brief company information

3. Definitions: Key terms used throughout the agreement

4. Appointment and Term: Official appointment, position title, and duration of appointment

5. Duties and Responsibilities: Comprehensive list of director's duties under Indonesian law and company requirements

6. Authority and Limitations: Scope of director's decision-making power and any restrictions

7. Time Commitment: Expected working hours and availability requirements

8. Remuneration and Benefits: Salary, bonuses, and other benefits

9. Expenses: Policy on reimbursement of business expenses

10. Compliance and Governance: Obligations to comply with laws, regulations, and company policies

11. Confidentiality: Protection of company confidential information

12. Termination: Grounds and procedures for termination

13. Post-Termination Obligations: Continuing duties after agreement ends

14. General Provisions: Standard clauses including governing law, notices, and amendments

Optional Sections

1. Non-Competition: Restrictions on competing activities, used when company has specific market protection concerns

2. Share Options: Details of any share option schemes, used when offering equity-based compensation

3. Intellectual Property: IP rights and assignments, used when director may be involved in creative or innovative work

4. Multiple Directorships: Rules about holding other director positions, used when allowing or restricting other appointments

5. International Travel: International travel obligations and arrangements, used for companies with overseas operations

6. Performance Metrics: Specific KPIs and performance evaluation criteria, used when implementing performance-based compensation

7. Corporate Governance for Listed Companies: Additional obligations for public companies, used only for listed companies

8. Group Company Obligations: Duties related to subsidiaries or group companies, used for complex corporate structures

Suggested Schedules

1. Schedule 1 - Remuneration Package: Detailed breakdown of salary, bonuses, and benefits

2. Schedule 2 - Position Description: Detailed role description and specific responsibilities

3. Schedule 3 - Company Policies: List of applicable company policies and procedures

4. Schedule 4 - Performance Criteria: Detailed performance evaluation metrics and targets

5. Schedule 5 - Benefits and Entitlements: Detailed description of all benefits and entitlements

6. Appendix A - Board Resolution: Copy of board resolution approving the appointment

7. Appendix B - Company Organization Chart: Organization structure showing reporting lines

8. Appendix C - Share Option Details: Detailed terms of any share option schemes

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Agreement
Appointment Date
Articles of Association
Board
Board of Commissioners
Business Day
Company
Company Group
Company Secretary
Confidential Information
Director
Effective Date
Financial Year
General Meeting of Shareholders
Good Corporate Governance
Intellectual Property Rights
Key Performance Indicators
Material Transaction
OJK
Position
Remuneration
Restricted Business
Share Option Scheme
Shareholders
Subsidiary
Term
Territory
Termination Date
Working Hours
Annual Bonus
Benefits Package
Cause
Change of Control
Competing Business
Corporate Governance Code
Duties
Force Majeure
Governing Law
IDX
Notice Period
Clauses
Appointment
Term
Duties and Responsibilities
Authority and Powers
Remuneration
Benefits
Performance Requirements
Working Hours
Location
Compliance
Corporate Governance
Confidentiality
Intellectual Property
Non-Competition
Non-Solicitation
Conflict of Interest
Board Meetings
Reporting Obligations
Expenses
Insurance
Indemnification
Data Protection
Share Options
Annual Leave
Medical Benefits
Termination
Garden Leave
Post-Termination Obligations
Company Property
Notices
Amendment
Severability
Entire Agreement
Governing Law
Dispute Resolution
Force Majeure
Assignment
Third Party Rights
Waiver
Legal Compliance
Multiple Directorships
Business Travel
Representations and Warranties
Shareholder Approval
Regulatory Compliance
Change of Control
Relevant Industries

Banking and Financial Services

Manufacturing

Technology

Retail and Consumer Goods

Energy and Resources

Healthcare

Real Estate and Property

Transportation and Logistics

Telecommunications

Professional Services

Agriculture and Plantation

Education

Construction

Mining

Media and Entertainment

Relevant Teams

Legal

Human Resources

Corporate Secretarial

Board of Directors

Compliance

Corporate Governance

Executive Management

Risk Management

Company Administration

Relevant Roles

Chief Executive Officer

Managing Director

Executive Director

Non-Executive Director

Independent Director

Finance Director

Operations Director

Technical Director

Commercial Director

Legal Director

Human Resources Director

Regional Director

Group Director

Resident Director

Industries
Law No. 40 of 2007 on Limited Liability Companies (Company Law): The primary legislation governing companies in Indonesia, including provisions on directors' appointments, duties, responsibilities, and corporate governance requirements
Law No. 13 of 2003 on Employment: Governs employment relationships, including provisions relevant to executive employment agreements and remuneration
OJK Regulation No. 33/POJK.04/2014: Regulations on Directors and Board of Commissioners of Public Companies, containing specific requirements for director appointments and governance in public companies
Indonesian Civil Code (KUHPerdata): Contains basic contract law principles applicable to employment agreements and director contracts
Code of Good Corporate Governance 2006: Guidelines issued by the National Committee on Governance providing principles for corporate governance and director conduct
Law No. 8 of 1995 on Capital Markets: Relevant for directors of public companies, covering disclosure requirements and responsibilities
Minister of Manpower Regulation No. 13 of 2012: Regulations regarding financial components of employment relationships, including executive compensation
OJK Regulation No. 34/POJK.04/2014: Regulations on material transactions and changes in business activities, affecting director responsibilities and decision-making
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Company Director Employment Contract

An Indonesian law-governed employment agreement establishing terms and conditions for a company director's appointment and employment.

find out more

Director Indemnity Agreement

An Indonesian law-governed agreement establishing the terms for company indemnification of a director's liabilities and expenses incurred in their official capacity.

find out more

Nominee Director Contract

An Indonesian law-governed agreement establishing the terms and conditions for a nominee director's appointment and duties.

find out more

Medical Director Contract For Medical Spa

An Indonesian law-governed agreement establishing terms for medical director services at a medical spa, ensuring regulatory compliance and defining professional responsibilities.

find out more

Executive Director Agreement

An Indonesian law-governed agreement establishing terms and conditions for Executive Director appointment in an Indonesian company, compliant with Company Law and employment regulations.

find out more

Director Indemnification Agreement

An Indonesian law-governed agreement establishing the company's obligations to indemnify its director against liabilities and expenses incurred in their official capacity.

find out more

Directors Service Contract

An Indonesian law-governed agreement establishing the terms of a director's appointment and service, including duties, remuneration, and statutory compliance requirements.

find out more

Chief Executive Officer Employment Agreement

An Indonesian law-governed employment agreement establishing terms and conditions for a Chief Executive Officer, compliant with local labor and corporate laws.

find out more

Casting Director Agreement

An Indonesian law-governed agreement between a production company and casting director outlining casting services, compensation, and professional obligations.

find out more

Director Profit Sharing Agreement

An Indonesian law-governed agreement establishing profit-sharing arrangements between a company and its director(s), including calculation methods and payment terms.

find out more

Director Fee Agreement

An Indonesian law-governed agreement establishing director compensation and benefits structure in compliance with local corporate regulations.

find out more

Independent Director Agreement

An agreement governing the appointment and terms of engagement for an Independent Director under Indonesian law, including duties, independence requirements, and governance obligations.

find out more

Nominee Director Agreement

An Indonesian law-governed agreement establishing the terms and conditions of a nominee director's appointment, duties, and responsibilities.

find out more

Company Director Agreement

An Indonesian law-compliant agreement establishing the terms, duties, and obligations for a company director's appointment.

find out more

Executive Director Employment Contract

An Indonesian law-governed employment agreement for Executive Directors, combining corporate governance requirements with standard employment terms.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’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; Genie’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 Trust Centre for more details and real-time security updates.

Read our Privacy Policy.