¶¶Òõ¶ÌÊÓƵ

The Management Services Agreement is a crucial document used when a company seeks to engage external management expertise or consolidate management functions within a group structure in the UAE. It is particularly relevant for businesses operating under UAE law that require professional management services, whether for specific projects, ongoing operations, or strategic oversight. The agreement comprehensively covers service scope, performance metrics, fee structures, and governance mechanisms while ensuring compliance with UAE legislation, including the Civil Code, Commercial Companies Law, and relevant free zone regulations. This document is essential for protecting both parties' interests while establishing clear management authority and accountability structures in accordance with UAE legal requirements.

1. Parties: Identification of the service provider and recipient company, including full legal names and registered addresses

2. Background: Context of the agreement, brief description of the parties' businesses, and purpose of the management services arrangement

3. Definitions: Key terms used throughout the agreement, including 'Services', 'Deliverables', 'Commencement Date', etc.

4. Appointment and Scope of Services: Details of the management services appointment and comprehensive description of services to be provided

5. Term and Duration: Period of the agreement, including commencement date and initial term

6. Service Provider's Obligations: Detailed responsibilities and standards of service expected from the service provider

7. Client's Obligations: Responsibilities of the client, including provision of information and access

8. Fees and Payment Terms: Management fees, payment schedule, expenses, and VAT provisions

9. Intellectual Property Rights: Ownership and usage rights of existing and created IP during service provision

10. Confidentiality: Protection and handling of confidential information exchanged during the service provision

11. Data Protection: Compliance with UAE data protection requirements and handling of personal data

12. Liability and Indemnification: Limitations of liability and indemnification obligations of both parties

13. Termination: Grounds for termination, notice periods, and consequences of termination

14. Governing Law and Jurisdiction: UAE law as governing law and jurisdiction for dispute resolution

15. General Provisions: Standard boilerplate clauses including force majeure, notices, and assignment