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Management Agreement Between Two Companies
"I need a Management Agreement Between Two Companies where a technology consulting firm will provide complete IT management services to a retail company in Hong Kong, starting from March 2025, with specific provisions for data security and system maintenance."
1. Parties: Identification of the company providing management services and the company receiving them
2. Background: Context of the agreement and brief description of the companies' business relationship
3. Definitions: Defined terms used throughout the agreement
4. Appointment and Scope: Terms of appointment and detailed scope of management services to be provided
5. Term and Termination: Duration of the agreement and circumstances for termination
6. Management Services: Detailed description of management responsibilities and deliverables
7. Fees and Payment: Management fees, payment terms, expenses, and invoicing procedures
8. Obligations of Service Provider: Duties and responsibilities of the managing company
9. Obligations of Client: Duties and responsibilities of the company receiving management services
10. Performance Standards: Expected service levels and quality standards
11. Intellectual Property: Ownership and usage rights of IP created during service provision
12. Confidentiality: Protection and handling of confidential information
13. Liability and Indemnification: Limitation of liability and indemnification provisions
14. Force Majeure: Provisions for unforeseen circumstances affecting performance
15. Governing Law and Jurisdiction: Specification of Hong Kong law and jurisdiction
16. General Provisions: Standard boilerplate clauses including notices, amendments, and severability
17. Execution: Signature blocks and execution details
1. Key Personnel: Used when specific individuals are critical to service delivery - defines key personnel and replacement procedures
2. Non-Competition: Include when protecting against competitive activities is necessary
3. Data Protection: Required when significant personal data processing is involved
4. Insurance: Include when specific insurance requirements need to be maintained
5. Audit Rights: Used when regular auditing of management services is required
6. Step-In Rights: Include when client needs right to take over management functions in specific circumstances
7. Change Control: Used for complex agreements where formal process for changes is needed
8. Business Continuity: Include when service continuity is critical to client operations
9. Anti-Bribery and Corruption: Required for high-value contracts or when dealing with public sector
10. Environmental, Social and Governance: Include when ESG compliance is important to either party
1. Schedule 1 - Services Description: Detailed breakdown of management services to be provided
2. Schedule 2 - Fee Schedule: Detailed fee structure, calculation methods, and payment terms
3. Schedule 3 - Service Levels: Specific performance metrics and measurement criteria
4. Schedule 4 - Key Personnel: List of key management personnel and their roles
5. Schedule 5 - Policies and Procedures: Relevant operational policies and procedures to be followed
6. Schedule 6 - Reports and Documentation: Required management reports and documentation
7. Appendix A - Power of Attorney: If specific legal authority needs to be granted
8. Appendix B - Company Authorizations: Corporate authorizations and board resolutions
Authors
Professional Services
Real Estate Management
Hospitality
Manufacturing
Retail
Technology
Financial Services
Healthcare
Education
Logistics and Supply Chain
Construction
Property Management
Investment Management
Business Process Outsourcing
Legal
Operations
Commercial
Finance
Risk and Compliance
Business Development
Project Management
Facilities Management
Administrative
Human Resources
Procurement
Corporate Governance
Strategy
Chief Executive Officer
Chief Operating Officer
Managing Director
Operations Director
Legal Counsel
Contract Manager
Business Development Manager
Project Manager
Facility Manager
Operations Manager
Commercial Director
Risk Manager
Compliance Officer
Financial Controller
General Manager
Department Head
Regional Manager
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