1. Parties: Identifies and provides full legal details of the parties entering into the agreement
2. Background: Sets out the context and purpose of the agreement, including brief description of the business and management arrangement
3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes rules for interpretation
4. Appointment and Scope: Details the appointment of the manager and scope of management services to be provided
5. Term and Renewal: Specifies the duration of the agreement and any renewal provisions
6. Manager's Duties and Responsibilities: Comprehensive listing of all management duties, responsibilities and expected standards of service
7. Client's Obligations: Outlines the responsibilities and obligations of the client to enable the manager to perform their duties
8. Fees and Payment Terms: Details all management fees, payment schedules, and expense reimbursement procedures
9. Performance Standards: Establishes key performance indicators and service levels expected from the manager
10. Reporting Requirements: Specifies all required reports, their frequency, and content
11. Intellectual Property: Addresses ownership and usage rights of intellectual property
12. Confidentiality: Details confidentiality obligations and handling of sensitive information
13. Termination: Sets out grounds for termination and the process to be followed
14. Consequences of Termination: Describes what happens after termination, including handover of responsibilities
15. Liability and Indemnity: Addresses liability limitations and indemnification obligations
16. Dispute Resolution: Establishes the process for resolving disputes between parties
17. General Provisions: Contains standard boilerplate clauses including notices, assignment, entire agreement, etc
