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1. Parties: Identification of the contracting parties - the owner/company and the third-party manager
2. Background: Context of the agreement, brief description of the business and reason for engaging a third-party manager
3. Definitions: Defined terms used throughout the agreement
4. Appointment and Scope: Formal appointment of the manager and detailed scope of management services
5. Manager's Authority: Extent and limitations of the manager's decision-making power and authority to act on behalf of the owner
6. Duties and Responsibilities: Detailed obligations of the manager in performing the services
7. Owner's Obligations: Responsibilities of the owner to enable the manager to perform services
8. Fees and Expenses: Management fees, payment terms, and reimbursable expenses
9. Reporting and Accountability: Required reports, frequency of reporting, and performance metrics
10. Term and Termination: Duration of agreement and grounds for termination
11. Confidentiality: Protection of confidential information and trade secrets
12. Intellectual Property: Ownership and usage rights of IP created during the management services
13. Indemnification: Mutual indemnification obligations and liability limitations
14. Insurance: Required insurance coverage for both parties
15. Dispute Resolution: Process for resolving disputes between parties
16. General Provisions: Standard legal provisions including notice, assignment, amendment, and governing law
1. Transition Services: Required when there needs to be a handover from existing management or transition period at termination
2. Emergency Protocols: Needed for businesses requiring specific emergency response procedures
3. Environmental Compliance: Required for industries with significant environmental impacts or regulations
4. Labor Relations: Necessary when the manager will be handling employee matters or union relationships
5. Regulatory Compliance: Industry-specific section needed for heavily regulated sectors
6. Data Protection: Detailed section required when significant personal or sensitive data processing is involved
7. Change Control: Needed for agreements requiring formal processes for operational changes
1. Schedule A - Services Description: Detailed description of management services to be provided
2. Schedule B - Fee Schedule: Detailed breakdown of management fees, performance bonuses, and expense categories
3. Schedule C - Key Performance Indicators: Specific metrics and targets for measuring manager's performance
4. Schedule D - Required Reports: Templates and specifications for required operational and financial reports
5. Schedule E - Authorized Representatives: List of key personnel and their authority levels
6. Schedule F - Operating Procedures: Standard operating procedures and policies to be followed
7. Appendix 1 - Insurance Requirements: Detailed insurance requirements and minimum coverage levels
8. Appendix 2 - Form of Monthly Report: Template for required monthly reporting
Applicable Laws
Approved Budget
Authorized Representative
Business Day
Commencement Date
Confidential Information
Control
Default
Effective Date
Emergency
Fees
Force Majeure Event
Good Industry Practice
Intellectual Property Rights
Key Performance Indicators
Management Services
Manager
Operating Expenses
Operating Procedures
Owner
Performance Standards
Personnel
Premises
Quarterly Report
Records
Related Party
Required Insurance
Revenue
Service Level Requirements
Standard Operating Procedures
Term
Termination Date
Third Party Contracts
Transition Period
Working Capital
Appointment of Manager
Scope of Services
Authority and Limitations
Duties and Responsibilities
Performance Standards
Compliance
Fees and Expenses
Payment Terms
Reporting Requirements
Record Keeping
Confidentiality
Data Protection
Intellectual Property
Personnel
Subcontracting
Insurance
Indemnification
Limitation of Liability
Force Majeure
Term
Termination
Transition Services
Non-Solicitation
Dispute Resolution
Governing Law
Assignment
Notices
Amendment
Entire Agreement
Severability
Waiver
Third Party Rights
Counterparts
Hospitality
Real Estate
Healthcare
Retail
Manufacturing
Property Management
Education
Senior Living Facilities
Restaurant and Food Service
Entertainment Venues
Sports Facilities
Commercial Property
Industrial Operations
Asset Management
Facility Management
Legal
Operations
Finance
Risk Management
Compliance
Human Resources
Procurement
Facilities Management
Business Development
Asset Management
Property Management
Contract Administration
Executive Leadership
Board Secretariat
Chief Executive Officer
Chief Operating Officer
General Counsel
Operations Director
Facility Manager
Property Manager
Business Development Manager
Contract Administrator
Risk Manager
Compliance Officer
Financial Controller
Human Resources Director
Regional Manager
Asset Manager
Board Member
Company Secretary
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