Managing Partner Agreement for Germany

Managing Partner Agreement Template for Germany

A comprehensive legal agreement governed by German law that establishes and regulates the relationship between a partnership and its managing partner. The document outlines the managing partner's appointment, powers, duties, remuneration, and partnership interests in accordance with the German Civil Code (BGB) and Commercial Code (HGB). It includes detailed provisions for management responsibilities, decision-making authority, profit sharing, non-compete obligations, and exit arrangements, while ensuring compliance with German partnership law requirements and corporate governance standards.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Managing Partner Agreement

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Managing Partner Agreement?

The Managing Partner Agreement is a fundamental document used in German partnerships to formalize the appointment and responsibilities of a managing partner. It is particularly relevant when establishing new partnerships, appointing new managing partners, or updating existing partnership arrangements. The agreement must comply with German law, specifically the provisions of the BGB (German Civil Code) and HGB (German Commercial Code), and typically includes comprehensive terms covering management powers, profit sharing, decision-making processes, and exit provisions. This document is essential for protecting both the partnership's and the managing partner's interests while ensuring clear governance structures and operational guidelines. It's commonly used in professional services firms, family businesses, and commercial partnerships where significant management responsibility is delegated to specific partners.

What sections should be included in a Managing Partner Agreement?

1. Parties: Identification of the partnership entity and the managing partner, including full legal names and addresses

2. Background: Context of the appointment, partnership structure, and purpose of the agreement

3. Definitions: Key terms used throughout the agreement, including 'Partnership', 'Management Services', 'Business Plan', etc.

4. Appointment and Term: Formal appointment as managing partner, commencement date, and duration of appointment

5. Powers and Duties: Scope of management authority, decision-making powers, and key responsibilities

6. Partnership Interests: Managing partner's ownership stake, capital contribution, and profit sharing arrangements

7. Remuneration: Base compensation, profit share, benefits, and expense reimbursement

8. Management Obligations: Specific duties, reporting requirements, and standard of care

9. Decision Making Process: Voting rights, reserved matters, and procedure for key decisions

10. Confidentiality: Protection of partnership information and trade secrets

11. Non-Competition: Restrictions on competing activities during and after the partnership

12. Termination: Grounds for termination, notice periods, and consequences

13. Exit Provisions: Process for managing partner departure, including valuation and buyout terms

14. Governing Law and Jurisdiction: Confirmation of German law application and jurisdiction for disputes

What sections are optional to include in a Managing Partner Agreement?

1. Intellectual Property Rights: Required when the managing partner may develop or work with significant IP

2. International Operations: Needed when the partnership operates across multiple jurisdictions

3. Employee Management: Include when the managing partner has significant staff management responsibilities

4. Investment Authority: Required when the managing partner has authority to make investment decisions

5. Succession Planning: Important for partnerships where continuity planning is crucial

6. Insurance Requirements: Specific insurance obligations for high-risk industries or activities

7. Environmental Responsibilities: Necessary for partnerships in industries with environmental impact

8. Data Protection Obligations: Detailed section needed when handling significant personal data

What schedules should be included in a Managing Partner Agreement?

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

2. Schedule 2 - Remuneration Structure: Detailed compensation framework including bonus calculations

3. Schedule 3 - Business Plan: Initial business plan and targets

4. Schedule 4 - Key Performance Indicators: Specific performance metrics and evaluation criteria

5. Schedule 5 - Reserved Matters: List of decisions requiring special approval

6. Schedule 6 - Insurance Requirements: Required insurance coverage details

7. Appendix A - Power of Attorney: Formal authorization of managing partner's powers

8. Appendix B - Compliance Guidelines: Specific compliance requirements and procedures

9. Appendix C - Reporting Templates: Standard formats for required management reports

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Germany

Publisher

Genie AI

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Professional Services

Legal Services

Financial Services

Management Consulting

Architecture

Engineering

Medical Practices

Accounting

Real Estate

Technology

Manufacturing

Retail

Hospitality

Construction

Private Equity

Relevant Teams

Legal

Corporate Governance

Executive Management

Partnership Administration

Finance

Compliance

Human Resources

Operations

Risk Management

Strategy

Relevant Roles

Managing Partner

Senior Partner

Executive Partner

General Partner

Partnership Director

Chief Executive Officer

Managing Director

Head of Partnership Operations

Partnership Board Member

Senior Legal Counsel

Corporate Governance Officer

Chief Financial Officer

Partnership Administrator

Compliance Officer

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Venture Capital Partnership Agreement

A German law-governed agreement establishing a venture capital partnership (KG), defining partner relationships, investments, and fund operations.

find out more

Simple Collaboration Agreement

A German law-governed agreement establishing terms for business collaboration between two or more parties, defining scope, responsibilities, and mutual obligations.

find out more

Reseller Partnership Agreement

A German law-governed agreement establishing the terms for a reseller to market and distribute a supplier's products.

find out more

Profit Partnership Agreement

A German law-governed agreement establishing partnership terms and profit-sharing arrangements between multiple parties.

find out more

Non Binding Partnership Agreement

A German law-governed framework document outlining intended partnership arrangements without creating binding legal obligations.

find out more

Mou Partnership Agreement

A German law-governed preliminary agreement outlining partnership terms and intentions between parties, serving as a framework for future collaboration.

find out more

Limited Liability Limited Partnership Agreement

German Limited Liability Limited Partnership Agreement (KGaA) establishing a hybrid business structure combining partnership and corporate elements under German law.

find out more

Letter Of Intent Partnership Agreement

A preliminary agreement under German law outlining parties' intentions to form a partnership, establishing framework for negotiations and future collaboration.

find out more

Letter Of Intent Business Cooperation

A preliminary document outlining intended business cooperation terms under German law, combining non-binding intentions with specific binding provisions where required.

find out more

Letter For Partnership Agreement

A formal letter outlining partnership terms and conditions between parties under German law, serving as a preliminary agreement document.

find out more

Legal Partnership Contract

A German law-governed agreement establishing a partnership between multiple parties, defining rights, obligations, and operational framework under BGB and HGB regulations.

find out more

Equity Partner Agreement

German law-governed agreement establishing terms and conditions for equity partnership, including rights, obligations, and governance structure.

find out more

Domestic Partnership Letter

A formal declaration document for establishing a registered domestic partnership under German law, filed with the Civil Registry Office (Standesamt).

find out more

Start Up Business Partnership Agreement

A German law-governed agreement establishing partnership terms and structure between startup founders, including equity, management, and operational framework.

find out more

Short Term Partnership Agreement

German law-compliant Short Term Partnership Agreement for temporary business collaborations, including essential legal and operational provisions.

find out more

Simple Partnership Contract

A German law partnership agreement (GbR) establishing a collaborative venture between partners, governed by the German Civil Code.

find out more

Contract For LLC Partnership

A comprehensive legal agreement establishing and governing a German limited liability company (GmbH) partnership under German corporate law.

find out more

Reseller Agreement For Software Products

A German law-governed agreement establishing terms for software resale and distribution rights between a software provider and reseller.

find out more

Business Alliance Agreement

German law-governed agreement establishing terms and conditions for strategic business collaboration between multiple parties.

find out more

Distributorship Contract

A German law-governed agreement establishing the terms and conditions for the distribution of products between a supplier and distributor.

find out more

Limited Liability Partnership Contract

A German law agreement establishing a GmbH & Co. KG structure, combining a limited liability company as general partner with a limited partnership.

find out more

Authorized Reseller Agreement

German law-governed agreement establishing terms for authorized product resale, including territorial rights, obligations, and compliance requirements.

find out more

Software Distributor Agreement

A German law-governed agreement establishing terms for software distribution rights, including licensing, territorial rights, and commercial conditions.

find out more

Social Media Partnership Agreement

German law-compliant agreement establishing terms for social media partnerships, including content creation, management, and compliance requirements.

find out more

Domestic Partnership Declaration

A legal document under German law establishing a civil partnership between two individuals, outlining their mutual rights and obligations.

find out more

Amended And Restated Limited Partnership Agreement

A German law-governed agreement that updates and restates the terms of an existing limited partnership (Kommanditgesellschaft), establishing revised rights and obligations between general and limited partners.

find out more

Venture Partner Agreement

A German law-governed agreement establishing the relationship between a venture capital firm and a Venture Partner, including roles, responsibilities, and compensation terms.

find out more

Term Sheet For Partnership Agreement

A preliminary document under German law outlining key terms and conditions for establishing a business partnership, serving as the foundation for a final partnership agreement.

find out more

Technology Partnership Agreement

German law-governed agreement establishing terms and conditions for technology partnership collaboration between parties, including IP rights, data protection, and technical specifications.

find out more

Startup Partnership Agreement

A German law-governed agreement establishing partnership terms and governance structure between startup founders and stakeholders.

find out more

Software Partnership Agreement

A German law-governed agreement establishing partnership terms for software development, distribution, or implementation between technology companies.

find out more

Software Partner Agreement

German law-governed agreement establishing partnership terms between software providers and business partners, covering licensing, operations, and compliance requirements.

find out more

Shareholders Agreement Joint Venture

German law-governed agreement establishing shareholders' rights and obligations in a joint venture company, including governance, ownership, and exit provisions.

find out more

Service Partner Agreement

German law-governed agreement establishing a business relationship between a company and service partner, defining service delivery terms and mutual obligations.

find out more

Revenue Share Partnership Agreement

A German law-governed agreement establishing terms for revenue sharing partnerships, including calculation methods, distribution mechanisms, and party obligations.

find out more

Sales Cooperation Agreement

A German law-governed agreement establishing terms and conditions for cooperative sales activities between business partners, including commission structures and mutual obligations.

find out more

Profit Sharing Agreement In Business Partnership

A German law-governed agreement establishing profit sharing arrangements between business partners, compliant with German partnership laws and commercial regulations.

find out more

Product Partnership Agreement

A German law-governed agreement establishing terms and conditions for product-related partnerships between businesses, aligned with German commercial regulations.

find out more

Preliminary Partnership Agreement

A German law-governed preliminary agreement that establishes the framework and initial terms for forming a partnership between parties, serving as a stepping stone to a final partnership agreement.

find out more

Preferred Partner Agreement

A German law-governed agreement establishing a preferred partnership between businesses, outlining special status, rights, and obligations.

find out more
See more related templates

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it

2 Docs LeftAccess Now