Document background
A Management Rights Agreement is essential when establishing a formal management arrangement between a professional manager or management company and an asset or business owner in Ireland. This document is commonly used in property management, hospitality, and corporate services sectors where specialized management expertise is required. The agreement comprehensively outlines management responsibilities, authority levels, performance expectations, and compensation structures while ensuring compliance with Irish corporate law, employment regulations, and industry-specific requirements. It protects both parties' interests by clearly defining the scope of services, reporting obligations, and termination conditions, while incorporating necessary provisions for risk management and regulatory compliance under Irish jurisdiction.
