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Management Partnership Agreement
"I need a Management Partnership Agreement under Belgian law for a technology consulting firm, where a management company will provide CEO services to our Belgian subsidiary, including specific provisions for performance-based compensation and protection of intellectual property."
1. Parties: Identification of the contracting parties, including full legal names, registration details, and registered addresses
2. Background: Context of the agreement, including brief description of the parties' businesses and purpose of the management partnership
3. Definitions: Definitions of key terms used throughout the agreement
4. Scope of Partnership: Detailed description of the management services to be provided and the partnership structure
5. Appointment and Term: Terms of appointment, duration of the agreement, and renewal provisions
6. Management Rights and Obligations: Specific rights, responsibilities, and duties of the managing partner
7. Governance Structure: Decision-making processes, voting rights, and management hierarchy
8. Financial Arrangements: Compensation, profit sharing, expense allocation, and financial reporting requirements
9. Representations and Warranties: Standard declarations by both parties regarding their capacity and authority
10. Confidentiality: Provisions regarding protection of confidential information and trade secrets
11. Liability and Indemnification: Allocation of risks, liability limitations, and indemnification obligations
12. Insurance: Required insurance coverage and minimum policy requirements
13. Termination: Grounds for termination, notice requirements, and consequences of termination
14. General Provisions: Standard clauses including notices, amendments, governing law, and dispute resolution
1. Non-Compete and Non-Solicitation: Restrictions on competitive activities and solicitation of employees/clients, included when protecting business interests is crucial
2. Intellectual Property Rights: Provisions regarding ownership and use of IP created during the partnership, included when IP creation is expected
3. Data Protection: GDPR compliance and data handling procedures, included when personal data processing is involved
4. Force Majeure: Provisions for unforeseen circumstances preventing performance, included when specific risk allocation is needed
5. Anti-Corruption Compliance: Anti-bribery and corruption provisions, included when international business or public sector interaction is involved
6. Environmental Compliance: Environmental responsibilities and commitments, included for environmentally sensitive industries
7. Social Media and Communications: Guidelines for public communications and social media use, included when public representation is important
1. Schedule 1 - Services Description: Detailed description of management services to be provided
2. Schedule 2 - Fee Structure: Detailed breakdown of management fees, profit sharing, and payment terms
3. Schedule 3 - Key Performance Indicators: Performance metrics and evaluation criteria
4. Schedule 4 - Governance Procedures: Detailed procedures for meetings, voting, and decision-making
5. Schedule 5 - Insurance Requirements: Specific insurance types, coverage amounts, and provider requirements
6. Appendix A - Power of Attorney: Standard power of attorney form if required for specific management actions
7. Appendix B - Compliance Procedures: Detailed compliance procedures and reporting requirements
8. Appendix C - Contact Details: List of key contacts and their roles for both parties
Authors
Applicable Law
Board
Business Day
Business Plan
Change of Control
Commencement Date
Company
Confidential Information
Force Majeure Event
Good Industry Practice
Group
Initial Term
Intellectual Property Rights
Key Performance Indicators
Management Fee
Management Services
Managing Partner
Material Breach
Operating Budget
Parent Company
Parties
Performance Criteria
Professional Standards
Quarter
Related Parties
Renewal Term
Representatives
Service Level Agreement
Shareholders
Strategic Plan
Subsidiary
Tax
Term
Territory
Working Hours
Year
Term and Duration
Management Services
Authority and Powers
Duties and Obligations
Governance
Decision Making
Performance Standards
Remuneration
Expenses
Financial Reporting
Budget and Planning
Confidentiality
Non-Competition
Non-Solicitation
Intellectual Property
Data Protection
Representations and Warranties
Liability and Indemnification
Insurance
Force Majeure
Termination
Consequences of Termination
Assignment and Transfer
Amendments
Notices
Entire Agreement
Severability
Waiver
Governing Law
Dispute Resolution
Tax Compliance
Regulatory Compliance
Anti-Corruption
Record Keeping
Audit Rights
Professional Services
Financial Services
Manufacturing
Technology
Real Estate
Healthcare
Retail
Hospitality
Construction
Energy
Telecommunications
Consulting
Logistics
Agriculture
Education
Legal
Corporate Affairs
Executive Management
Finance
Human Resources
Operations
Strategy
Compliance
Risk Management
Corporate Governance
Administrative
Company Secretariat
Chief Executive Officer
Managing Director
Executive Director
Chief Financial Officer
Chief Operating Officer
General Manager
Department Head
Business Unit Director
Regional Manager
Country Manager
Board Member
Management Consultant
Operations Director
Strategy Director
Commercial Director
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