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Business Management Agreement
"I need a Business Management Agreement for my hotel in Jakarta, where I want to appoint an international hospitality management company to fully operate the property starting March 2025, including staff management and brand standards implementation."
1. Parties: Identification of the business owner/company and the management company, including full legal names, registration numbers, and addresses
2. Background: Context of the agreement, business description, and purpose of engaging the management company
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Appointment and Scope: Formal appointment of the management company and detailed scope of management services
5. Term and Renewal: Duration of the agreement and conditions for renewal
6. Management Rights and Authority: Specific powers granted to the management company and any limitations
7. Duties and Responsibilities: Detailed obligations of the management company in operating the business
8. Owner's Rights and Obligations: Business owner's retained rights and supporting obligations
9. Fees and Payment Terms: Management fees, payment structure, and payment terms
10. Reporting and Accountability: Required reports, frequency, and accountability measures
11. Confidentiality: Protection of confidential information and trade secrets
12. Intellectual Property: Ownership and usage rights of IP developed during the management period
13. Representations and Warranties: Standard declarations by both parties about their capacity and authority
14. Termination: Grounds for termination and termination procedures
15. Governing Law and Dispute Resolution: Choice of Indonesian law and dispute resolution mechanisms
16. General Provisions: Standard boilerplate clauses including notices, amendments, and severability
1. Non-Compete: Restrictions on management company's ability to manage competing businesses - include when there are direct competitors in the market
2. Force Majeure: Provisions for unforeseen circumstances - particularly relevant in volatile markets or industries
3. Insurance: Required insurance coverage - include for high-risk industries or where significant assets are involved
4. Environmental Compliance: Environmental obligations - include for industries with environmental impact
5. Staff Transfer: Provisions for handling existing employees - include when existing staff will be managed by the management company
6. Performance Metrics: Specific KPIs and performance standards - include when quantifiable targets are crucial
7. Audit Rights: Rights to audit management company's operations - include for complex operations or high-value contracts
1. Schedule 1: Scope of Services: Detailed breakdown of management services to be provided
2. Schedule 2: Fee Structure: Detailed calculation of management fees, including base fees and performance bonuses
3. Schedule 3: Key Personnel: List of key management personnel and their roles
4. Schedule 4: Performance Standards: Specific performance metrics and evaluation criteria
5. Schedule 5: Reporting Requirements: Templates and specifications for required reports
6. Schedule 6: Operating Procedures: Standard operating procedures and protocols
7. Appendix A: Power of Attorney: Format of power of attorney for specific management actions
8. Appendix B: Company Assets: Inventory of assets under management
9. Appendix C: Required Licenses: List of necessary business licenses and permits
Authors
Applicable Laws
Assets
Authorized Representative
Board of Directors
Business
Business Day
Business Hours
Business Plan
Commencement Date
Company
Confidential Information
Contract Year
Effective Date
Emergency
Employees
Force Majeure Event
Good Industry Practice
Gross Operating Profit
Initial Term
Intellectual Property Rights
Key Performance Indicators
Management Company
Management Fee
Management Services
Material Adverse Effect
Operating Accounts
Operating Budget
Operating Expenses
Operating Standards
Party/Parties
Performance Metrics
Permits
Property
Quarter
Renewal Term
Reports
Revenue
Services
Shareholders
Standard Operating Procedures
Term
Territory
Third Party
Working Capital
Term and Renewal
Management Services
Authority and Powers
Duties and Responsibilities
Performance Standards
Management Fees
Payment Terms
Operating Budget
Staff and Employment
Reporting Requirements
Record Keeping
Intellectual Property
Confidentiality
Non-Competition
Non-Solicitation
Representations and Warranties
Indemnification
Insurance
Force Majeure
Termination
Post-Termination Obligations
Assignment
Dispute Resolution
Governing Law
Notices
Amendment
Severability
Entire Agreement
Language Requirements
Regulatory Compliance
Asset Management
Operating Procedures
Emergency Procedures
Audit Rights
Bank Accounts
Data Protection
Health and Safety
Environmental Compliance
Anti-Corruption
Force Majeure
Hospitality
Real Estate
Manufacturing
Retail
Healthcare
Education
Food and Beverage
Mining
Agriculture
Technology
Transportation and Logistics
Entertainment and Leisure
Professional Services
Construction
Energy
Legal
Executive Leadership
Operations
Finance
Compliance
Human Resources
Risk Management
Project Management
Business Development
Corporate Affairs
Administration
CEO
Managing Director
Operations Director
Legal Counsel
Corporate Secretary
Chief Financial Officer
Business Development Manager
General Manager
Operations Manager
Contract Manager
Compliance Officer
Risk Manager
Project Manager
Human Resources Director
Finance Manager
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