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Management Agreement Contract
"I need a Management Agreement Contract drafted for our property management company to manage three commercial buildings in Auckland, starting from March 2025, with specific provisions for maintenance scheduling and tenant relations."
1. Parties: Identifies and provides full legal details of all parties to the agreement
2. Background: Provides context for the agreement and summarizes the parties' intentions
3. Definitions: Defines key terms used throughout the agreement
4. Appointment and Term: Establishes the formal appointment of the manager and the duration of the agreement
5. Scope of Services: Details the management services to be provided and key responsibilities
6. Manager's Obligations: Specifies the detailed duties, responsibilities, and standard of care required
7. Client's Obligations: Outlines the client's responsibilities and commitments to enable the manager to perform services
8. Fees and Payment: Details the management fees, payment terms, and any performance-based compensation
9. Performance Standards: Establishes key performance indicators and quality standards
10. Reporting Requirements: Specifies reporting obligations, frequency, and content requirements
11. Confidentiality: Addresses the handling and protection of confidential information
12. Intellectual Property: Covers ownership and usage rights of intellectual property
13. Liability and Indemnity: Sets out liability limitations and indemnification provisions
14. Termination: Details circumstances and procedures for ending the agreement
15. General Provisions: Contains standard contractual provisions including notices, amendments, and governing law
1. Non-Compete and Non-Solicitation: Restricts competitive activities and solicitation of employees/clients - include when protecting business interests is crucial
2. Insurance: Specifies required insurance coverage - include when significant risk management is needed
3. Compliance with Specific Regulations: Addresses industry-specific regulatory requirements - include for regulated industries
4. Emergency Response: Outlines procedures for emergency situations - include for high-risk or critical operations
5. Environmental Obligations: Details environmental responsibilities - include for environmentally sensitive operations
6. Succession Planning: Addresses management transition planning - include for long-term or critical management roles
7. Force Majeure: Covers unforeseeable circumstances preventing performance - include when continuity is critical
8. Dispute Resolution: Details specific dispute resolution procedures - include when standard court proceedings are not preferred
1. Schedule 1: Service Specifications: Detailed breakdown of management services and deliverables
2. Schedule 2: Fee Structure: Detailed fee calculations, including base fees, performance bonuses, and expenses
3. Schedule 3: Key Performance Indicators: Specific metrics and targets for measuring management performance
4. Schedule 4: Reporting Templates: Standard formats for required reports and documentation
5. Schedule 5: Key Personnel: Details of key management team members and their roles
6. Schedule 6: Delegated Authority Limits: Specific financial and operational authority limits
7. Appendix A: Governance Framework: Organizational structure and decision-making processes
8. Appendix B: Compliance Checklist: List of regulatory and operational compliance requirements
Authors
Professional Services
Property Management
Hospitality
Retail
Manufacturing
Healthcare
Education
Technology
Construction
Asset Management
Facilities Management
Agriculture
Tourism
Sports and Recreation
Legal
Operations
Human Resources
Finance
Compliance
Risk Management
Business Development
Contract Administration
Project Management
Facilities Management
Asset Management
Chief Executive Officer
Managing Director
Operations Manager
Property Manager
Facility Manager
Project Manager
General Manager
Business Development Manager
Asset Manager
Contract Manager
Legal Counsel
Human Resources Director
Chief Financial Officer
Compliance Officer
Risk Manager
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