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Event Management Partnership Agreement Template for Malaysia

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Key Requirements PROMPT example:

Event Management Partnership Agreement

"I need an Event Management Partnership Agreement under Malaysian law for a partnership between my established event planning company and a venue management company, with specific focus on luxury wedding and corporate events, starting from March 2025."

Document background
The Event Management Partnership Agreement is essential for professionals and companies in Malaysia looking to combine their expertise and resources in the events industry. This document is particularly relevant when two or more parties wish to establish a formal partnership for managing events, exhibitions, conferences, or similar activities. The agreement ensures compliance with Malaysian partnership laws, including the Partnership Act 1961 and relevant business regulations. It covers crucial aspects such as capital contributions, profit sharing, operational management, and event-specific protocols. The document is designed to prevent potential disputes by clearly defining roles, responsibilities, and decision-making processes while providing a solid foundation for business growth and risk management.
Suggested Sections

1. Parties: Identification and details of the partners entering into the agreement

2. Background: Context of the partnership formation and brief description of the event management business

3. Definitions: Definitions of key terms used throughout the agreement

4. Partnership Structure: Legal structure, ownership percentages, and capital contributions

5. Business Scope: Detailed description of event management services offered and geographical coverage

6. Roles and Responsibilities: Specific duties and responsibilities of each partner in the business

7. Financial Management: Profit sharing, loss distribution, accounting procedures, and financial controls

8. Operational Management: Day-to-day management procedures, decision-making processes, and operational protocols

9. Event Management Protocols: Standard procedures for event planning, execution, and post-event activities

10. Client Relations: Protocols for client acquisition, management, and service delivery

11. Intellectual Property: Ownership and usage rights of business IP, event concepts, and materials

12. Non-Competition and Confidentiality: Restrictions on competing activities and protection of business information

13. Term and Termination: Duration of partnership and conditions for termination

14. Dispute Resolution: Procedures for resolving disagreements between partners

15. Governing Law: Specification of Malaysian law as governing law and jurisdiction

Optional Sections

1. Insurance and Liability: Specific insurance requirements and liability allocation, needed for high-risk events

2. International Operations: Provisions for international events and cross-border operations, if applicable

3. Subcontracting: Rules and procedures for engaging subcontractors, if the business model includes outsourcing

4. Staff Management: Employment policies and procedures, needed if the partnership will have employees

5. Marketing and Branding: Guidelines for marketing activities and brand management, for partnerships with significant marketing focus

6. Equipment and Assets: Management of partnership-owned event equipment and assets, if applicable

7. Force Majeure: Provisions for unforeseen circumstances affecting event execution

8. Succession Planning: Procedures for partner retirement or succession, needed for long-term partnerships

Suggested Schedules

1. Schedule 1: Capital Contributions: Detailed breakdown of initial and ongoing capital contributions by partners

2. Schedule 2: Profit Sharing Formula: Specific calculations and methods for profit distribution

3. Schedule 3: Service Offerings: Comprehensive list of event management services offered

4. Schedule 4: Standard Operating Procedures: Detailed operational procedures for different types of events

5. Schedule 5: Fee Structure: Standard pricing and fee structure for services

6. Schedule 6: Partner Contact Details: Complete contact information and emergency contacts for all partners

7. Appendix A: Required Licenses and Permits: List of necessary business and event licenses

8. Appendix B: Insurance Requirements: Detailed insurance coverage requirements and policies

9. Appendix C: Equipment Inventory: List of partnership-owned equipment and assets

10. Appendix D: Key Personnel: Details of key staff members and their roles

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions







































Clauses







































Relevant Industries

Events and Entertainment

Hospitality

Tourism

Corporate Services

Marketing and Advertising

Media and Communications

Wedding Industry

Sports and Recreation

Education and Training

Exhibition and Trade Shows

Relevant Teams

Legal

Operations

Finance

Business Development

Event Planning

Risk Management

Marketing

Client Relations

Creative Services

Compliance

Technical Operations

Relevant Roles

Event Manager

Business Development Director

Operations Manager

Legal Counsel

Partnership Manager

Event Planning Director

Venue Relations Manager

Financial Controller

Marketing Director

Risk Management Officer

Compliance Officer

Creative Director

Client Relations Manager

Technical Operations Manager

Industries









Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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