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 Home >> Report on directors' remuneration >> Non-executive directors’ contracts of appointment

Non-executive directors’ contracts of appointment

Non-executive directors have contracts of appointment. They are normally appointed for an initial period of three years. During that period, either party can give the other at least three months’ notice. At the end of the period the appointment may be continued by mutual agreement. Further details of their appointment arrangements are set out in Corporate governance.

The contracts of appointment of non-executive directors are terminable on notice by the company without compensation.

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