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Interim Management Agreement
"I need an Interim Management Agreement under Swiss law for engaging a temporary CFO starting March 2025, with special focus on restructuring authorities and crisis management provisions."
1. Parties: Identification of the company and the interim manager, including full legal names and addresses
2. Background: Context of the appointment, including the company's need for interim management and the manager's qualifications
3. Definitions: Key terms used throughout the agreement, including 'Services', 'Term', 'Deliverables', etc.
4. Appointment and Term: Formal appointment of the interim manager, duration of the engagement, and any extension/termination provisions
5. Scope of Services: Detailed description of the interim manager's responsibilities, duties, and deliverables
6. Time Commitment: Expected working hours, availability, and any flexibility requirements
7. Remuneration: Fee structure, payment terms, expenses, and any performance-related compensation
8. Independent Contractor Status: Clear statement of the interim manager's status as an independent contractor, not an employee
9. Confidentiality: Obligations regarding confidential information and trade secrets
10. Intellectual Property: Ownership and rights to work products created during the engagement
11. Non-Competition and Non-Solicitation: Restrictions on competing activities and soliciting employees/clients
12. Termination: Grounds for termination, notice periods, and consequences of termination
13. General Provisions: Standard legal clauses including governing law, jurisdiction, entire agreement, etc.
1. Integration Period: Details of any handover or onboarding period, used when there's a specific transition from/to permanent management
2. Performance Metrics: Specific KPIs or success criteria, included when the engagement is heavily results-driven
3. Crisis Management Provisions: Special powers and procedures in crisis situations, used when the interim manager is brought in for turnaround situations
4. Board Relationship: Specific provisions regarding board interaction and reporting, included when the role involves board-level responsibilities
5. Insurance Requirements: Specific insurance coverage requirements, included when the role involves high-risk decisions or regulated industries
6. Staff Authority: Details of authority over permanent staff, included when the role involves significant people management
7. Budget Authority: Specific financial limits and approval rights, included when the role involves significant financial authority
1. Schedule 1 - Services Description: Detailed breakdown of services, responsibilities, and deliverables
2. Schedule 2 - Fee Schedule: Detailed fee structure, including daily/monthly rates, expenses policy, and payment terms
3. Schedule 3 - Key Performance Indicators: Specific metrics and targets for measuring success
4. Schedule 4 - Company Policies: List of relevant company policies the interim manager must comply with
5. Appendix A - Reporting Requirements: Templates and timing for required reports and updates
6. Appendix B - Authorization Matrix: Detailed breakdown of decision-making and spending authorities
Authors
Financial Services
Manufacturing
Technology
Healthcare
Retail
Professional Services
Energy
Telecommunications
Construction
Transportation
Education
Non-Profit Organizations
Real Estate
Hospitality
Media and Entertainment
Legal
Human Resources
Executive Leadership
Board Secretariat
Corporate Governance
Finance
Operations
Project Management Office
Risk Management
Compliance
Chief Executive Officer (CEO)
Chief Financial Officer (CFO)
Chief Operating Officer (COO)
Chief Restructuring Officer (CRO)
Chief Technology Officer (CTO)
Project Director
Transformation Director
Turnaround Manager
Division Head
Department Director
Program Manager
Interim Plant Manager
Crisis Manager
Change Management Director
Operations Director
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