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The Management Fee Agreement is a crucial document used when one entity provides management services to another in Malaysia. It is commonly utilized in corporate group structures, professional service arrangements, and business consulting relationships. The agreement details the nature and scope of management services, establishes clear fee structures and payment terms, and ensures compliance with Malaysian regulations including the Service Tax Act 2018, Companies Act 2016, and relevant tax laws. This document is essential for businesses seeking to formalize management service arrangements while maintaining proper corporate governance and regulatory compliance in Malaysia. It provides protection for both service providers and recipients by clearly defining responsibilities, performance standards, and dispute resolution mechanisms.

1. Parties: Identification of the service provider and recipient, including registration numbers and registered addresses

2. Background: Context of the agreement, relationship between parties, and purpose of the management services

3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement

4. Appointment and Scope of Services: Formal appointment clause and detailed description of management services to be provided

5. Term and Renewal: Duration of the agreement and conditions for renewal

6. Management Fees and Payment Terms: Fee structure, calculation method, payment schedule, and service tax provisions

7. Obligations of the Service Provider: Detailed responsibilities and service standards of the management service provider

8. Obligations of the Recipient: Responsibilities of the receiving party, including provision of information and cooperation

9. Performance Standards: Key performance indicators and service level requirements

10. Reporting and Documentation: Requirements for regular reporting, documentation, and record-keeping

11. Confidentiality: Protection and handling of confidential information

12. Termination: Grounds for termination and termination procedures

13. Consequences of Termination: Rights, obligations, and procedures following termination

14. General Provisions: Standard boilerplate clauses including notices, entire agreement, governing law, etc.