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1. Parties: Identification of the company and the managing partner, including full legal names and addresses
2. Background: Context of the appointment, company structure, and purpose of the agreement
3. Definitions: Definitions of key terms used throughout the agreement
4. Appointment and Term: Formal appointment as managing partner, term duration, and renewal provisions
5. Duties and Responsibilities: Comprehensive list of managing partner's duties, authorities, and responsibilities
6. Powers and Authority: Scope of decision-making powers and limitations on authority
7. Time Commitment: Expected time dedication and provisions regarding other business activities
8. Remuneration and Benefits: Compensation structure, profit sharing, and benefits package
9. Expenses: Guidelines for business expense reimbursement and approval process
10. Compliance and Governance: Obligations regarding legal compliance, corporate governance, and reporting
11. Confidentiality: Provisions for handling confidential information and trade secrets
12. Non-Competition: Restrictions on competing activities during and after the agreement term
13. Termination: Grounds and procedures for agreement termination
14. Post-Termination Obligations: Continuing obligations and handover requirements after termination
15. Governing Law and Jurisdiction: UAE law as governing law and jurisdiction for disputes
1. Intellectual Property Rights: Required when the managing partner may develop or handle significant IP
2. International Operations: Needed when the company has operations outside the UAE
3. Performance Metrics: Include when specific performance targets are part of the arrangement
4. Share Options: Required when share options or equity participation is offered
5. Insurance and Indemnification: Include when specific insurance requirements or indemnification terms are needed
6. Family Business Provisions: Required for family-owned businesses with specific succession or family governance requirements
7. Free Zone Specific Provisions: Include when the company operates in a UAE free zone
8. Shariah Compliance: Required when the business operates under Islamic finance principles
1. Schedule 1 - Duties and Responsibilities: Detailed list of specific duties, reporting requirements, and KPIs
2. Schedule 2 - Remuneration Package: Detailed breakdown of salary, bonuses, profit share, and benefits
3. Schedule 3 - Company Policies: Key company policies the managing partner must follow and enforce
4. Schedule 4 - Authorized Activities: List of specific activities and transactions the managing partner can approve
5. Schedule 5 - Board Reserved Matters: Decisions requiring board or shareholder approval
6. Appendix A - Power of Attorney: Formal power of attorney document if required
7. Appendix B - Confidential Information: Detailed list of what constitutes confidential information
8. Appendix C - Related Companies: List of group companies or affiliated entities covered by the agreement
Applicable Law
Board
Business
Business Day
Business Plan
Company
Confidential Information
Corporate Governance Rules
Effective Date
Financial Year
Good Reason
Governing Law
Group
Intellectual Property Rights
Key Performance Indicators
Management Committee
Managing Partner
Material Breach
Partners
Partnership
Performance Metrics
Profit Share
Regulatory Authorities
Remuneration
Reserved Matters
Restricted Business
Shareholders
Subsidiary
Term
Territory
UAE
Working Hours
Articles of Association
Board Resolution
Cause
Commercial License
Competitive Business
Control
Corporate Seal
DIFC
Free Zone
Gross Misconduct
Holding Company
Management Services
Partner's Duties
Power of Attorney
Related Party
Share Capital
Trade License
Trade Secret
VAT
Term and Renewal
Duties and Responsibilities
Authority and Powers
Management Rights
Decision Making
Time Commitment
Remuneration
Bonus and Profit Share
Benefits
Expenses
Leave Entitlement
Performance Requirements
Reporting Obligations
Compliance
Corporate Governance
Board Meetings
Reserved Matters
Confidentiality
Non-Competition
Non-Solicitation
Intellectual Property
Conflict of Interest
Related Party Transactions
Record Keeping
Insurance
Indemnification
Representations and Warranties
Succession Planning
Business Planning
Financial Management
Risk Management
Data Protection
Regulatory Compliance
Anti-Money Laundering
Force Majeure
Termination
Garden Leave
Post-Termination Obligations
Handover Requirements
Dispute Resolution
Governing Law
Jurisdiction
Notices
Amendment
Assignment
Severability
Entire Agreement
Third Party Rights
Counterparts
Professional Services
Financial Services
Real Estate
Manufacturing
Technology
Healthcare
Retail
Construction
Hospitality
Trading
Consulting
Energy
Logistics
Media and Entertainment
Education
Legal
Corporate Governance
Compliance
Human Resources
Finance
Board Secretariat
Risk Management
Corporate Affairs
Executive Office
Business Development
Strategy
Managing Partner
Chief Executive Officer
Managing Director
Executive Director
General Manager
Board Member
Senior Partner
Company Secretary
Chief Operating Officer
Chief Financial Officer
Legal Director
Compliance Officer
Corporate Governance Officer
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