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Farm Management Agreement
"I need a Farm Management Agreement for my 2,000-hectare organic wheat farm in Western Australia, with the manager having full operational control and profit-sharing arrangements, starting from March 2025."
1. Parties: Identifies and provides details of the farm owner and the farm manager
2. Background: Describes the context of the agreement, including brief description of the farm and purpose of the management arrangement
3. Definitions and Interpretation: Defines key terms used throughout the agreement and sets out interpretation principles
4. Term and Renewal: Specifies the duration of the agreement and any renewal options
5. Farm Manager's Responsibilities: Details the core duties and obligations of the farm manager
6. Farm Owner's Obligations: Outlines the responsibilities and commitments of the farm owner
7. Operating Budget and Financial Management: Sets out the financial framework, including budget preparation and approval processes
8. Reporting Requirements: Specifies all required operational and financial reports and their frequency
9. Compliance and Risk Management: Covers regulatory compliance, risk management, and insurance requirements
10. Remuneration and Payment Terms: Details the management fees, payment structure, and timing
11. Termination: Specifies grounds for termination and the process
12. Dispute Resolution: Outlines the process for resolving disputes between parties
13. General Provisions: Includes standard legal provisions such as notices, assignment, and governing law
1. Environmental Management: Additional section when the farm has specific environmental obligations or certifications
2. Livestock Management: Required when the farm involves livestock operations
3. Crop Management: Required for farms primarily engaged in crop production
4. Staff Management: Include when the farm manager has responsibility for hiring and managing farm workers
5. Marketing and Sales: Required when the farm manager has responsibility for product marketing and sales
6. Capital Improvements: Include when the agreement covers major farm improvements or development
7. Intellectual Property: Include when proprietary farming methods or branding are involved
8. Emergency Response Procedures: Required for farms in high-risk areas or with sensitive operations
1. Schedule 1 - Farm Description: Detailed description of the farm, including boundaries, assets, and infrastructure
2. Schedule 2 - Management Services: Comprehensive list of management services to be provided
3. Schedule 3 - Key Performance Indicators: Specific performance metrics and targets
4. Schedule 4 - Fee Structure: Detailed breakdown of management fees, incentives, and expenses
5. Schedule 5 - Required Insurance: List of required insurance policies and coverage levels
6. Schedule 6 - Reporting Templates: Standard templates for required operational and financial reports
7. Appendix A - Farm Maps and Plans: Maps, layout plans, and infrastructure diagrams
8. Appendix B - Compliance Requirements: List of applicable regulations and compliance requirements
Authors
Agriculture
Dairy Farming
Crop Production
Livestock Management
Viticulture
Horticulture
Aquaculture
Organic Farming
Agribusiness
Legal
Operations
Finance
Risk Management
Compliance
Human Resources
Environmental
Property Management
Agricultural Operations
Business Development
Farm Manager
Agricultural Operations Director
Property Manager
Agribusiness Manager
Farm Operations Supervisor
Agricultural Consultant
Ranch Manager
Agricultural Business Advisor
Farm Administrator
Agricultural Project Manager
Compliance Manager
Agricultural Risk Manager
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