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Management Agreement Form
"I need a Management Agreement Form for appointing an international facility management company to manage our commercial office complex in Riyadh, with specific provisions for staff secondment and performance metrics, starting from March 2025."
1. Parties: Identification of the contracting parties including full legal names, addresses, and registration details
2. Background: Context of the agreement including business purpose and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope: Terms of appointment and detailed scope of management services
5. Manager's Rights and Obligations: Comprehensive outline of management responsibilities, authority levels, and duties
6. Client's Rights and Obligations: Client's responsibilities, including provision of information and resources
7. Financial Terms: Management fees, payment terms, expenses, and financial reporting requirements
8. Performance Standards: Expected service levels and performance metrics
9. Compliance and Reporting: Regulatory compliance requirements and reporting obligations
10. Confidentiality: Protection of confidential information and trade secrets
11. Duration and Renewal: Term of agreement and renewal provisions
12. Termination: Grounds for termination, notice requirements, and consequences
13. Dispute Resolution: Process for resolving disputes, including jurisdiction and applicable law
14. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment
1. Foreign Investment Provisions: Required when the manager is a foreign entity, addressing SAGIA requirements
2. Intellectual Property: Needed when management services involve creation or use of intellectual property
3. Staff Secondment: Required when management includes provision of personnel
4. Non-Competition: Added when protection against competitive activities is needed
5. Force Majeure: Detailed force majeure provisions beyond standard clause
6. Insurance: Specific insurance requirements beyond standard coverage
7. Shariah Compliance: Detailed provisions ensuring compliance with Islamic law principles
8. Data Protection: Required when management involves handling personal or sensitive data
1. Schedule 1 - Services Description: Detailed breakdown of management services and deliverables
2. Schedule 2 - Fee Structure: Detailed fee calculations, incentives, and payment mechanisms
3. Schedule 3 - Key Performance Indicators: Specific performance metrics and measurement criteria
4. Schedule 4 - Reporting Requirements: Format and frequency of required reports
5. Schedule 5 - Key Personnel: List of key management team members and their roles
6. Schedule 6 - Operational Procedures: Detailed operational processes and procedures
7. Appendix A - Power of Attorney: If required, specific management powers granted
8. Appendix B - Compliance Checklist: Regulatory and Shariah compliance requirements
Authors
Real Estate & Property Management
Hospitality & Tourism
Healthcare
Retail & Commercial Centers
Manufacturing & Industrial
Education & Training
Technology & IT Services
Construction & Infrastructure
Financial Services
Telecommunications
Transportation & Logistics
Energy & Utilities
Legal
Operations
Compliance
Commercial
Contract Administration
Business Development
Risk Management
Project Management
Property Management
Human Resources
Finance
Corporate Governance
Chief Executive Officer
Managing Director
Operations Director
Legal Counsel
Compliance Officer
Contract Manager
Business Development Manager
Project Manager
Facility Manager
Property Manager
General Manager
Regional Manager
Risk Manager
Commercial Director
Human Resources Director
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