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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."
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
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
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
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
Legal
Operations
Finance
Business Development
Event Planning
Risk Management
Marketing
Client Relations
Creative Services
Compliance
Technical Operations
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
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