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Business Management Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Business Management Agreement

"I need a Business Management Agreement for my Dubai-based retail chain, appointing ABC Management Services LLC to handle operations across 5 stores, with special focus on expansion plans and staff management, starting March 1, 2025."

Document background
The Business Management Agreement is essential for businesses in the UAE seeking professional management services while maintaining compliance with local laws and regulations. This document is commonly used when business owners wish to delegate operational control to professional managers or management companies, particularly in cases of expansion, succession planning, or need for specialized expertise. The agreement, governed by UAE law, typically covers comprehensive management rights and responsibilities, operational procedures, performance standards, financial arrangements, and reporting requirements. It's particularly relevant in the UAE's dynamic business environment where professional management services are increasingly sought across various sectors. The document must comply with UAE Federal Law No. 8 of 1984 (Commercial Companies Law), UAE Federal Law No. 5 of 1985 (Civil Transactions Law), and other relevant local regulations.
Suggested Sections

1. Parties: Identification and details of the business owner and management company

2. Background: Context of the agreement and business relationship

3. Definitions: Key terms used throughout the agreement

4. Appointment and Scope: Formal appointment of manager and detailed scope of services

5. Term and Renewal: Duration of the agreement and renewal provisions

6. Manager's Rights and Obligations: Detailed responsibilities, authority levels, and duties of the manager

7. Owner's Rights and Obligations: Responsibilities and obligations of the business owner

8. Fees and Payment Terms: Management fees, payment schedule, and related financial terms

9. Reporting and Performance Standards: Required reports, KPIs, and performance metrics

10. Confidentiality: Protection of confidential information and trade secrets

11. Intellectual Property: Ownership and usage rights of IP during and after the agreement

12. Liability and Indemnification: Allocation of risks and indemnification obligations

13. Termination: Grounds for termination and procedures

14. Post-Termination Obligations: Obligations of parties after agreement ends

15. Governing Law and Jurisdiction: UAE law application and jurisdiction provisions

16. Dispute Resolution: Process for resolving disputes, including arbitration provisions

17. General Provisions: Standard boilerplate clauses required under UAE law

Optional Sections

1. Non-Competition: Restrictions on competitive activities, used when manager may have access to sensitive business information

2. Insurance: Insurance requirements, used when specific coverage is needed for management activities

3. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in high-risk industries

4. Anti-Corruption Compliance: Specific provisions for compliance with anti-corruption laws, used in international business contexts

5. Environmental Compliance: Environmental obligations, used in industries with environmental impact

6. Data Protection: Specific data handling requirements, used when sensitive personal or business data is involved

7. Staff and Hiring: Provisions regarding employment and staffing, used when manager has authority over personnel

8. Emergency Powers: Special authority in emergency situations, used in critical business operations

9. Brand Standards: Requirements for maintaining brand standards, used in franchise-like arrangements

Suggested Schedules

1. Schedule 1 - Services Description: Detailed breakdown of management services to be provided

2. Schedule 2 - Fee Structure: Detailed fee calculations, including base fees, incentives, and expenses

3. Schedule 3 - Key Performance Indicators: Specific performance metrics and targets

4. Schedule 4 - Reporting Requirements: Format and frequency of required reports

5. Schedule 5 - Authorized Representatives: List of authorized representatives and their authority levels

6. Schedule 6 - Operating Procedures: Standard operating procedures and protocols

7. Appendix A - Power of Attorney: If required, specific powers granted to manager

8. Appendix B - Insurance Requirements: Detailed insurance coverage requirements

9. Appendix C - Compliance Checklist: Required regulatory and operational compliance measures

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions























































Clauses












































Relevant Industries

Hospitality

Real Estate

Retail

Manufacturing

Healthcare

Education

Professional Services

Construction

Tourism

Food & Beverage

Logistics

Facility Management

Asset Management

Family Business

Shopping Malls

Entertainment Venues

Relevant Teams

Legal

Operations

Finance

Compliance

Risk Management

Business Development

Contract Administration

Asset Management

Facility Management

Project Management

Executive Leadership

Corporate Governance

Relevant Roles

CEO

Managing Director

Operations Manager

General Manager

Business Development Manager

Property Manager

Facility Manager

Asset Manager

Legal Counsel

Chief Financial Officer

Contract Manager

Risk Manager

Compliance Officer

Project Manager

Regional Director

Portfolio Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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