I had a look at your document, which seems to contain some minor corruption.
I added the macro
Sub FollowLink()
Selection.Hyperlinks(1).Follow
End Sub
to the template (presumably you have it in normal.dot - where other users
won't see it) saved it as a template into the templates folder of my PC and
the function worked correctly when I changed the hyperlinked document to one
I actually had present. In my case
{ MacroButton FollowLink { HYPERLINK
"D:/My%20Documents/Test/Dates%20data.xls" } }
I was also a bit suspicious of the path in your hyperlink
{ MacroButton FollowLink { HYPERLINK " \S:\Project Review Committee\Action
Steps Form Template.xlt" } }
which not only has a space in the path after the first quote, but has a
single backslash before the network drive letter? I can't see that working?
It helps if you create the hyperlink in another document, using the Insert
Hyperlink tools. Test that it works, then copy and paste it into the
macrobutton field. Lock the template and save it.
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Graham Mayor - Word MVP
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