Management Fee Agreement Template for Belgium

1. Non-Competition: Restrictions on competing activities, used when manager has access to sensitive business information

2. Insurance: Requirements for professional liability insurance, included when specific coverage is needed

3. Performance Metrics: Specific KPIs and performance standards, used when fee is partially performance-based

4. Succession Planning: Provisions for transition of management responsibilities, important for long-term agreements

5. Force Majeure: Provisions for unforeseen circumstances, particularly relevant post-COVID

6. Compliance with Corporate Governance: Specific corporate governance requirements, needed for regulated entities

7. Multiple Managers: Coordination and responsibility allocation when multiple managers are involved

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

2. Schedule 2 - Fee Structure: Detailed calculation of fees, including any variable components

3. Schedule 3 - Key Performance Indicators: Specific metrics for measuring management performance

4. Schedule 4 - Authorized Representatives: List of individuals authorized to act under the agreement

5. Schedule 5 - Expense Policy: Guidelines for reimbursable expenses

6. Appendix A - Required Reports: Templates and specifications for required management reports

7. Appendix B - Compliance Procedures: Specific procedures for ensuring regulatory compliance