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Management Agreement Template for Singapore

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Key Requirements PROMPT example:

Management Agreement

"I need a Management Agreement for our Singapore-based tech company to engage an external management firm to handle our data center operations from March 2025, with specific provisions for data security and performance metrics."

Document background
The Management Agreement serves as a comprehensive framework for outsourced management services in Singapore's business environment. It is commonly used when companies seek external expertise for operations, require specialized management services, or implement group-wide management structures. The agreement typically includes detailed provisions for service scope, performance standards, fee structures, and regulatory compliance requirements under Singapore law. This document is essential for establishing clear governance structures, defining reporting relationships, and ensuring alignment with Singapore's corporate governance requirements.
Suggested Sections

1. Parties: Identification and details of the management company and the client entity

2. Background: Context of the agreement and brief description of the parties' intentions

3. Definitions: Key terms used throughout the agreement

4. Appointment and Scope of Services: Terms of appointment and detailed description of management services to be provided

5. Term and Termination: Duration of agreement and circumstances for termination

6. Fees and Payment Terms: Management fees, payment schedule, and expenses

7. Obligations and Responsibilities: Duties and responsibilities of both parties

8. Confidentiality: Protection of confidential information and trade secrets

9. Governing Law and Jurisdiction: Singapore law provisions and dispute resolution mechanisms

Optional Sections

1. Performance Metrics: Specific KPIs and performance evaluation criteria for measuring service delivery standards

2. Intellectual Property: Provisions governing IP rights, ownership, and usage during management services

3. Insurance and Indemnity: Insurance requirements and indemnification provisions for operational risks

4. Data Protection: PDPA compliance requirements and data handling procedures for personal data

5. Force Majeure: Provisions addressing unforeseen circumstances and their impact on service delivery

Suggested Schedules

1. Schedule of Services: Detailed breakdown of management services to be provided

2. Fee Schedule: Detailed breakdown of fees, charges, and payment terms

3. Key Personnel: List of key management team members and their roles

4. Service Level Agreement: Specific performance standards and metrics

5. Compliance Requirements: Industry-specific regulatory requirements and compliance standards

Authors

Alex Denne

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

Relevant legal definitions

































Clauses

































Industries

Contracts Act (Cap. 53): Primary legislation governing contract formation, validity requirements, terms and conditions, and rights and obligations of contracting parties in Singapore

Companies Act (Cap. 50): Regulates corporate authority, capacity, directors' duties and responsibilities, and management powers and limitations

Employment Act (Cap. 91): Governs employment-like relationships, working hours, conditions, benefits and entitlements if management agreement involves employment aspects

Personal Data Protection Act 2012: Regulates handling of personal data, data protection obligations, and cross-border data transfers

Competition Act (Cap. 50B): Addresses anti-competitive provisions and market dominance considerations in agreements

Industry-Specific Regulations: Sector-specific regulatory compliance requirements depending on the industry (e.g., financial services, healthcare)

Civil Law Act (Cap. 43): Contains general principles of contract law and remedies for breach in Singapore

Singapore Case Law: Common law principles established through court decisions regarding management agreements, fiduciary duties, contract interpretation, and agency relationships

MAS Guidelines: Monetary Authority of Singapore guidelines applicable when financial services are involved

Corporate Governance Code: Standards and requirements for corporate governance including industry-specific governance requirements

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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