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Management Fee Agreement
"I need a Management Fee Agreement for my investment management firm to provide portfolio management services to a retail investment fund, with a base fee of 1.5% and performance fee structure, starting March 2025."
1. Parties: Identifies and defines the parties to the agreement - typically the Management Company and the Client
2. Background: Sets out the context of the agreement and the parties' intentions
3. Definitions and Interpretation: Defines key terms used throughout the agreement and establishes interpretation rules
4. Appointment and Scope: Establishes the formal appointment and details the scope of management services
5. Term and Termination: Specifies the duration of the agreement and circumstances for termination
6. Management Services: Detailed description of the services to be provided
7. Management Fees: Specifies fee structure, calculation method, and payment terms
8. Payment Terms: Details the invoicing process, payment deadlines, and late payment consequences
9. Obligations of the Manager: Specifies the manager's duties, responsibilities, and service standards
10. Client Obligations: Outlines the client's responsibilities and cooperation requirements
11. Confidentiality: Provisions for handling confidential information
12. Liability and Indemnity: Limits of liability and indemnification provisions
13. Dispute Resolution: Procedures for handling disputes between parties
14. General Provisions: Standard boilerplate clauses including notices, amendments, and governing law
1. GST and Taxation: Detailed tax provisions - include when parties need specific tax handling arrangements
2. Intellectual Property: Include when management services involve creation or use of intellectual property
3. Force Majeure: Include when parties want specific provisions for handling unforeseen circumstances
4. Non-Competition: Include when restricting the manager from providing services to competitors
5. Insurance: Include when specific insurance requirements need to be detailed
6. Performance Metrics: Include when specific performance standards and KPIs need to be met
7. Regulatory Compliance: Include when services are subject to specific regulatory requirements
8. Subcontracting: Include when the manager may need to subcontract certain services
1. Schedule 1 - Services Description: Detailed description of all management services to be provided
2. Schedule 2 - Fee Schedule: Detailed breakdown of fees, calculations, and payment structures
3. Schedule 3 - Service Levels: Specific service levels, KPIs, and performance metrics
4. Schedule 4 - Reporting Requirements: Details of required reports, frequency, and content
5. Schedule 5 - Key Personnel: List of key personnel assigned to provide the services
6. Appendix A - Communication Protocols: Procedures for routine communications and escalations
7. Appendix B - Compliance Requirements: Specific regulatory and compliance requirements applicable to the services
Authors
Financial Services
Real Estate
Professional Services
Investment Management
Property Management
Corporate Services
Fund Management
Asset Management
Private Equity
Venture Capital
Healthcare
Technology
Manufacturing
Retail
Legal
Finance
Operations
Compliance
Risk Management
Commercial
Corporate Services
Investment
Asset Management
Fund Management
Business Development
Administrative Services
Chief Executive Officer
Chief Financial Officer
Commercial Director
Legal Counsel
Contract Manager
Operations Manager
Finance Manager
Business Development Manager
Compliance Officer
Risk Manager
Managing Director
Investment Director
Property Manager
Asset Manager
Fund Manager
Portfolio Manager
General Counsel
Corporate Services Manager
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