The Management Agreement Contract is essential when establishing a formal relationship for the provision of management services in England and Wales. This document is commonly used when a company or individual seeks to outsource management functions or engage professional management services. The agreement covers crucial aspects including service scope, performance standards, fees, liability limitations, and termination rights, while ensuring compliance with UK legislation including the Companies Act 2006 and Employment Rights Act 1996.
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1. Parties: Identification and details of the contracting parties
2. Background: Context and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of management services to be provided
5. Term and Termination: Duration of agreement and termination provisions
6. Fees and Payment: Compensation structure and payment terms
7. Obligations of the Parties: Rights and responsibilities of each party
8. Confidentiality: Provisions regarding confidential information and its protection
9. Data Protection: Compliance with data protection laws and privacy requirements
10. Liability and Indemnification: Limitations of liability and indemnification obligations
11. Governing Law and Jurisdiction: Applicable law and courts having jurisdiction
1. Non-Compete Provisions: Restrictions on competitive activities - include when protecting business interests from competition
2. Intellectual Property Rights: Ownership and use of IP - include when IP is created or used during management services
3. Force Majeure: Provisions for unforeseeable circumstances - include for long-term commitments
4. Change Control: Process for making changes to services - include when service scope may need adjustment
5. Insurance: Insurance requirements - include when specific coverage is needed for management activities
6. Compliance with Laws: Specific regulatory compliance obligations - include when operating in regulated industries
1. Schedule 1 - Service Level Agreement: Detailed performance metrics and standards
2. Schedule 2 - Fee Schedule: Detailed breakdown of fees and payment structure
3. Schedule 3 - Key Personnel: List of key management team members and roles
4. Schedule 4 - Reporting Requirements: Format and frequency of management reports
5. Schedule 5 - KPIs: Key Performance Indicators and measurement criteria
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
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