Director Services Agreement Template for Qatar

A Director Services Agreement sets out the legal relationship between a company and its board director in Qatar, covering their duties, compensation, and terms of service. This contract follows Qatar's Commercial Companies Law No. 11 of 2015 and ensures both parties understand their rights and obligations clearly.

The agreement typically details the director's strategic responsibilities, meeting attendance requirements, confidentiality obligations, and remuneration package. It also includes key provisions about conflicts of interest, term length, and termination conditions - all essential elements for proper corporate governance under Qatari law.

Use a Director Services Agreement when appointing new board members or updating terms with existing directors in Qatar. This agreement becomes essential during corporate restructuring, when expanding the board, or when bringing in independent directors - especially for companies listed on the Qatar Stock Exchange.

Many organizations implement these agreements during funding rounds, mergers, or when enhancing governance standards to meet QFC regulations. The agreement helps prevent future disputes by clearly documenting expectations, compensation, and confidentiality requirements upfront. It's particularly valuable when directors hold multiple board positions or when dealing with international directors.

• Executive Director Agreement: Detailed terms for full-time directors involved in day-to-day operations, including performance metrics and executive compensation
• Non-Executive Director Agreement: Focuses on oversight duties, meeting attendance, and committee responsibilities without operational involvement
• Independent Director Agreement: Enhanced independence requirements and specific provisions aligned with Qatar Stock Exchange listing rules
• Subsidiary Director Agreement: Tailored for directors serving on boards of Qatar-based subsidiaries of multinational companies
• Qatar Financial Centre (QFC) Director Agreement: Specialized version meeting QFC regulatory requirements and governance standards

• Board Directors: Sign and comply with the agreement's terms, including attendance, confidentiality, and strategic oversight duties
• Company Secretary: Drafts and maintains Director Services Agreements, ensures compliance with Qatari corporate law
• Legal Counsel: Reviews and customizes agreements to protect company interests and meet QFC requirements
• Shareholders: Approve director appointments and related compensation packages outlined in the agreements
• Corporate Governance Officers: Monitor compliance with agreement terms and report to regulatory authorities

• Director Details: Gather full legal name, Qatar ID/passport, qualifications, and proposed role on the board
• Compensation Package: Define fees, meeting allowances, and any performance-based incentives
• Term Duration: Specify appointment period, renewal conditions, and notice requirements
• Core Duties: List specific responsibilities, committee assignments, and meeting commitments
• Company Information: Include corporate details, registration numbers, and QFC status if applicable
• Compliance Elements: Note relevant sections of Qatar Commercial Companies Law and governance requirements

• Party Details: Full legal names, company registration details, and director's identification information
• Appointment Terms: Role description, duration, and conditions aligned with Qatar Commercial Companies Law
• Duties Section: Board responsibilities, meeting attendance, and fiduciary obligations
• Compensation Clause: Detailed breakdown of fees, benefits, and expense reimbursement policies
• Confidentiality Terms: Protection of company information and trade secrets
• Termination Provisions: Notice periods, grounds for termination, and post-termination obligations
• Governing Law: Explicit reference to Qatar law and dispute resolution mechanisms

A Director Services Agreement differs significantly from a Director Appointment Agreement in several key aspects under Qatar law. While both documents relate to board positions, they serve distinct purposes and contain different legal provisions.

• Scope and Detail: Director Services Agreements provide comprehensive terms covering ongoing duties, compensation, and performance expectations, while a Director Appointment Agreement focuses primarily on the formal appointment process and basic position requirements
• Legal Framework: Services agreements align with Qatar's Commercial Companies Law regarding director responsibilities and corporate governance, whereas appointment agreements mainly satisfy regulatory filing requirements
• Duration Focus: Services agreements outline long-term relationship management and operational details, while appointment agreements handle the initial onboarding and position confirmation
• Enforceability Scope: Services agreements create broader contractual obligations between director and company, offering more comprehensive protection for both parties