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Management Contracts are essential legal documents used when appointing senior personnel to management positions within Australian organizations. These contracts are more comprehensive than standard employment agreements, reflecting the increased responsibility and authority of management roles. The Management Contract typically includes detailed provisions for executive compensation, performance metrics, strategic decision-making authority, and protection of company interests through confidentiality and non-compete clauses. It must comply with Australian employment law, including the Fair Work Act 2009 and relevant state legislation, while also addressing corporate governance requirements under the Corporations Act 2001. These contracts are particularly important for establishing clear expectations, protecting intellectual property, and managing potential conflicts of interest in senior roles.

1. Parties: Identifies the employer entity and the manager, including their full legal names and addresses

2. Background: Outlines the context of the appointment and the business of the employer

3. Definitions and Interpretation: Defines key terms used throughout the agreement and sets out interpretation principles

4. Appointment and Term: Specifies the role, position title, and duration of the appointment (fixed-term or ongoing)

5. Duties and Responsibilities: Details the manager's key responsibilities, reporting lines, and performance expectations

6. Location and Hours: Specifies primary work location and expected working hours/flexibility requirements

7. Remuneration and Benefits: Details base salary, bonuses, benefits, and review mechanisms

8. Leave Entitlements: Specifies annual leave, personal leave, long service leave and other leave entitlements

9. Confidentiality: Defines confidential information and obligations regarding its protection

10. Intellectual Property: Addresses ownership and protection of IP created during employment

11. Conflicts of Interest: Sets out obligations regarding avoiding and disclosing conflicts

12. Termination: Details circumstances for termination, notice periods, and payments

13. Post-Employment Obligations: Includes restraints of trade and ongoing confidentiality obligations

14. General Provisions: Contains standard boilerplate clauses including governing law, notices, and entire agreement