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Management Partnership Agreement for Philippines

Management Partnership Agreement Template for Philippines

A comprehensive legal agreement governed by Philippine law that establishes and regulates a partnership arrangement where one party takes responsibility for managing the business operations. The document outlines management rights, responsibilities, profit-sharing mechanisms, and operational control while ensuring compliance with Philippine partnership laws, including the Civil Code and Corporation Code. It addresses key aspects such as decision-making authority, financial arrangements, reporting requirements, and dispute resolution mechanisms, all within the context of Philippine business regulations and legal framework.

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Management Partnership Agreement

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What is a Management Partnership Agreement?

The Management Partnership Agreement is a crucial document used when establishing a business relationship where one party takes on management responsibilities while others contribute capital or other resources. This agreement type is particularly relevant in the Philippine business context, where partnerships are governed by the Civil Code and Corporation Code. The document is essential when partners want to clearly delineate management control, operational responsibilities, and profit-sharing arrangements while ensuring compliance with Philippine regulations, including foreign investment restrictions where applicable. The Management Partnership Agreement typically includes detailed provisions on management scope, decision-making authority, financial arrangements, reporting requirements, and partner obligations, making it suitable for both local and international business ventures operating within the Philippine jurisdiction.

What sections should be included in a Management Partnership Agreement?

1. Parties: Identification of all parties to the agreement, including full legal names, addresses, and registration details

2. Background: Context of the agreement, including the business purpose and intentions of the parties

3. Definitions: Definitions of key terms used throughout the agreement

4. Partnership Structure: Legal structure of the partnership, ownership percentages, and capital contributions

5. Management Rights and Responsibilities: Detailed outline of management duties, authority levels, and decision-making processes

6. Scope of Management Services: Specific management services to be provided under the agreement

7. Term and Termination: Duration of the agreement and conditions for termination

8. Financial Arrangements: Management fees, profit sharing, expense allocation, and payment terms

9. Reporting and Accountability: Requirements for financial reporting, performance metrics, and management accountability

10. Confidentiality: Provisions protecting confidential information and trade secrets

11. Non-Competition and Non-Solicitation: Restrictions on competitive activities and solicitation of employees or clients

12. Dispute Resolution: Procedures for resolving disputes between parties

13. Governing Law: Specification of Philippine law as governing law and jurisdiction

14. General Provisions: Standard legal provisions including notices, amendments, and severability

What sections are optional to include in a Management Partnership Agreement?

1. Intellectual Property Rights: Required when the partnership involves creation or use of intellectual property

2. Employee Management: Include when the managing partner has authority over staffing decisions

3. Insurance and Indemnification: Detailed insurance requirements and indemnification provisions for high-risk operations

4. Environmental Compliance: Required for partnerships involving environmental impacts or regulations

5. Foreign Investment Provisions: Include when one or more partners are foreign entities

6. Digital Assets and Data Protection: Required when the partnership involves significant digital operations or personal data processing

7. Force Majeure: Detailed provisions for unforeseen circumstances, particularly relevant in certain industries or locations

What schedules should be included in a Management Partnership Agreement?

1. Schedule A - Management Services: Detailed list and description of management services to be provided

2. Schedule B - Fee Structure: Detailed breakdown of management fees, performance bonuses, and payment terms

3. Schedule C - Key Performance Indicators: Specific metrics and targets for measuring management performance

4. Schedule D - Reporting Requirements: Templates and specifications for required reports and their frequency

5. Schedule E - Partner Contact Details: Complete contact information for all key personnel and authorized representatives

6. Appendix 1 - Operating Procedures: Detailed operational procedures and protocols

7. Appendix 2 - Compliance Requirements: Specific regulatory and compliance requirements applicable to the partnership

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Philippines

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions















































Clauses









































Relevant Industries

Hospitality

Real Estate

Manufacturing

Retail

Professional Services

Technology

Healthcare

Agriculture

Construction

Education

Food and Beverage

Transportation and Logistics

Business Process Outsourcing

Energy and Utilities

Mining and Natural Resources

Relevant Teams

Legal

Corporate Affairs

Business Development

Operations

Finance

Compliance

Risk Management

Executive Leadership

Investment

Partner Relations

Relevant Roles

Chief Executive Officer

Managing Director

Chief Operating Officer

Business Development Manager

Legal Counsel

Corporate Lawyer

Partnership Manager

Operations Director

Chief Financial Officer

Investment Manager

Compliance Officer

Risk Manager

General Manager

Business Owner

Partner Relations Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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