The Restaurant Management Agreement is essential when a restaurant owner wishes to delegate the operation of their establishment to a professional management company in Singapore. This agreement defines the scope of management services, operational standards, and compliance requirements with Singapore's robust F&B regulatory framework. It typically includes detailed provisions for day-to-day operations, staff management, financial reporting, maintenance standards, and regulatory compliance, particularly with Singapore Food Agency requirements. The agreement is crucial for protecting both parties' interests while ensuring efficient restaurant operations in accordance with local laws and industry standards.
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1. Parties: Identification of the Owner and Management Company, including full legal names and registered addresses
2. Background: Context of the agreement, including property details and purpose of the management arrangement
3. Definitions: Key terms used throughout the agreement including Property, Services, Management Fee, etc.
4. Appointment and Term: Scope of manager's appointment and duration of the agreement
5. Manager's Rights and Obligations: Detailed responsibilities including operations, staffing, maintenance, and compliance
6. Owner's Rights and Obligations: Owner's responsibilities including providing access, maintaining licenses, etc.
7. Fees and Payment Terms: Management fees, payment schedule, and expense reimbursement
8. Compliance and Licensing: Regulatory compliance requirements and maintenance of permits
9. Termination: Grounds for termination and process
10. Governing Law: Singapore law provisions and jurisdiction
1. Non-Compete: Restrictions on operating competing businesses within specified geographic area
2. Brand Standards: Specific brand requirements and standards for chain or franchise operations
3. Force Majeure: Enhanced provisions for unforeseen circumstances beyond standard force majeure
4. Environmental Compliance: Specific environmental obligations and requirements
1. Schedule 1 - Property Description: Detailed description of the restaurant premises
2. Schedule 2 - Services Schedule: Detailed scope of management services
3. Schedule 3 - Fee Schedule: Detailed breakdown of all fees and charges
4. Schedule 4 - Operating Standards: Specific operational requirements and procedures
5. Schedule 5 - Required Insurance: List of required insurance policies and coverage levels
6. Schedule 6 - Key Performance Indicators: Performance metrics and targets
7. Schedule 7 - Staff Organization Chart: Management structure and key positions
8. Schedule 8 - Required Licenses and Permits: List of all necessary regulatory approvals
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