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Interim Management Agreement
"Need an Interim Management Agreement for appointing a temporary CFO to oversee our Singapore-based manufacturing company's financial restructuring from March 2025 to September 2025, with specific KPIs related to cost reduction and working capital optimization."
1. Parties: Identification of contracting parties - the company and the interim manager
2. Background: Context of the appointment and circumstances necessitating interim management
3. Definitions: Key terms used throughout the agreement
4. Appointment and Term: Scope of appointment, duration, and renewal provisions
5. Duties and Responsibilities: Detailed description of interim manager's role and authority
6. Remuneration and Benefits: Compensation structure, payment terms, and any additional benefits
7. Termination: Circumstances and procedures for ending the agreement
8. Confidentiality: Protection of company information and trade secrets
1. Performance Metrics: Specific KPIs and evaluation criteria - used when specific deliverables or targets are part of the appointment
2. Insurance and Indemnity: Coverage requirements and liability provisions - used for high-risk roles or regulated industries
3. Non-Compete Provisions: Restrictions on future employment or business activities - used when protecting against competitive threats
4. Intellectual Property: Ownership of work product and innovations - used when role involves creation of IP or strategic planning
1. Schedule 1: Scope of Services: Detailed breakdown of responsibilities and deliverables
2. Schedule 2: Remuneration Details: Comprehensive compensation structure including any performance-based elements
3. Schedule 3: Company Policies: Relevant internal policies and procedures
4. Appendix A: Reporting Structure: Organizational chart and reporting relationships
5. Appendix B: Key Performance Indicators: Detailed metrics for performance evaluation
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