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Management Services Agreement
"I need a Management Services Agreement under Austrian law for our holding company to provide strategic management services to our new tech subsidiary, starting March 2025, with particular focus on financial management and operational oversight."
1. Parties: Identification of the service provider (Manager) and the receiving company
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: Terms of appointment and detailed scope of management services
5. Duration: Term of the agreement, including commencement date and renewal provisions
6. Manager's Obligations: Core responsibilities, duties, and performance standards
7. Company's Obligations: Support, information, and resources to be provided by the company
8. Fees and Payment: Compensation structure, payment terms, and expenses
9. Confidentiality: Protection of business secrets and confidential information
10. Data Protection: GDPR compliance and data handling requirements
11. Liability and Indemnification: Extent of manager's liability and indemnification provisions
12. Termination: Grounds for termination, notice periods, and consequences
13. General Provisions: Standard clauses including governing law, notices, and amendments
1. Intellectual Property: Required when the services involve creation or use of intellectual property
2. Authority and Power of Attorney: Needed when the manager has power to bind the company
3. Non-Competition: Include when restricting manager's ability to work with competitors
4. Performance Metrics: When specific KPIs or performance standards are required
5. Insurance: When specific insurance coverage is required from the manager
6. Compliance with Company Policies: When manager must adhere to specific internal policies
7. Reporting Requirements: When specific reporting structures or frequencies are needed
8. Force Majeure: When specific provisions for unforeseen circumstances are required
1. Schedule 1 - Services Description: Detailed description of management services to be provided
2. Schedule 2 - Fee Structure: Detailed breakdown of fees, rates, and payment mechanisms
3. Schedule 3 - Key Personnel: List of key individuals providing the management services
4. Schedule 4 - Service Levels: Specific performance metrics and service level requirements
5. Schedule 5 - Company Policies: Relevant company policies applicable to the manager
6. Schedule 6 - Reporting Templates: Standard formats for required reports and updates
7. Appendix A - Power of Attorney: If applicable, detailed scope of manager's authority
8. Appendix B - Insurance Requirements: Specific insurance coverage requirements and limits
Authors
Applicable Laws
Business Day
Company
Company Group
Company Policies
Confidential Information
Data Protection Laws
Deliverables
Effective Date
Fee Schedule
Force Majeure Event
Good Industry Practice
Intellectual Property Rights
Key Personnel
Management Services
Manager
Material Breach
Notice
Personal Data
Project
Related Companies
Representatives
Service Levels
Service Provider
Service Recipients
Service Standards
Subsidiary
Term
Territory
Working Hours
Scope of Services
Term and Duration
Service Provider Obligations
Client Obligations
Fees and Expenses
Payment Terms
Performance Standards
Key Personnel
Reporting Requirements
Confidentiality
Data Protection
Intellectual Property
Non-Competition
Non-Solicitation
Liability and Indemnification
Insurance
Force Majeure
Compliance with Laws
Anti-Corruption
Authority and Power of Attorney
Record Keeping
Audit Rights
Warranties
Assignment and Subcontracting
Termination
Consequences of Termination
Notices
Governing Law
Dispute Resolution
Entire Agreement
Amendments
Severability
Third Party Rights
Relationship of Parties
Professional Services
Financial Services
Manufacturing
Technology
Healthcare
Real Estate
Retail
Hospitality
Construction
Energy
Telecommunications
Transportation
Media and Entertainment
Education
Consulting
Legal
Finance
Human Resources
Operations
Corporate Services
Procurement
Compliance
Risk Management
Executive Management
Business Development
Administration
Chief Executive Officer
Managing Director
Chief Financial Officer
Operations Director
Project Manager
Management Consultant
Business Development Manager
General Counsel
Legal Director
Corporate Secretary
Finance Manager
HR Director
Department Head
Regional Manager
Interim Manager
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