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Interim Management Agreement
"I need an Interim Management Agreement for a foreign executive who will serve as temporary CEO of our Indonesian manufacturing company from January 2025, with crisis management provisions and authority to restructure operations."
1. Parties: Identification of the company and the interim manager/management firm
2. Background: Context of the appointment, including reason for interim management need
3. Definitions: Key terms used throughout the agreement
4. Appointment and Term: Formal appointment clause, duration, and any extension provisions
5. Scope of Services: Detailed description of management services to be provided
6. Powers and Authority: Extent and limitations of the interim manager's decision-making authority
7. Duties and Responsibilities: Specific obligations of the interim manager
8. Company's Obligations: Support, resources, and access to be provided by the company
9. Reporting Requirements: Reporting structure and frequency of updates
10. Fees and Expenses: Compensation structure, payment terms, and reimbursable expenses
11. Confidentiality: Protection of company information and trade secrets
12. Intellectual Property: Ownership of work product and pre-existing IP
13. Handover and Transition: Process for knowledge transfer and exit procedures
14. Termination: Grounds for termination and notice requirements
15. General Provisions: Standard clauses including governing law, notices, and amendments
1. Regulatory Compliance: Required when interim manager needs specific licenses or regulatory approvals
2. Foreign Worker Provisions: Required when interim manager is not Indonesian, addressing work permits and immigration
3. Crisis Management Protocols: Needed when interim management is for turnaround or crisis situations
4. Non-Competition: Optional restrictions on future activities, if required by company
5. Insurance: Required when specific insurance coverage is needed for the role
6. Performance Metrics: Optional KPIs and performance measurement criteria
7. Succession Planning: Required when interim manager is responsible for identifying permanent replacement
8. Force Majeure: Optional clause for unforeseen circumstances affecting performance
1. Schedule 1: Detailed Scope of Services: Comprehensive list of services and responsibilities
2. Schedule 2: Fee Structure: Detailed breakdown of fees, rates, and payment terms
3. Schedule 3: Key Performance Indicators: Specific metrics for measuring performance
4. Schedule 4: Company Policies: Relevant internal policies and procedures
5. Schedule 5: Reporting Templates: Standard formats for required reports
6. Schedule 6: Handover Checklist: Detailed list of items for transition
7. Appendix A: Required Qualifications: Professional qualifications and certifications required
8. Appendix B: Power of Attorney: If needed, formal delegation of specific authorities
Authors
Applicable Law
Appointment
Board
Business Day
Company
Company Policies
Commencement Date
Confidential Information
Deliverables
Effective Date
End Date
Executive Management Team
Extension Period
Fees
Force Majeure Event
Handover Period
Initial Term
Intellectual Property Rights
Interim Manager
Key Performance Indicators
Management Services
Material Breach
Notice
Parties
Performance Metrics
Professional Standards
Regulatory Approvals
Related Parties
Reporting Requirements
Services
Shareholders
Subsidiary
Term
Territory
Termination Date
Transition Period
Work Product
Working Hours
MOLHR
OJK
Articles of Association
Management Team
Company Assets
Emergency Situation
Good Industry Practice
Interim Period
Term and Duration
Services Scope
Authority and Powers
Duties and Responsibilities
Performance Standards
Reporting Requirements
Fees and Expenses
Payment Terms
Company Support
Confidentiality
Data Protection
Intellectual Property
Non-Competition
Non-Solicitation
Representations and Warranties
Regulatory Compliance
Foreign Worker Requirements
Insurance
Indemnification
Limitation of Liability
Force Majeure
Termination
Consequences of Termination
Handover
Notice
Assignment
Amendment
Severability
Entire Agreement
Governing Law
Dispute Resolution
Language Requirements
Transition Provisions
Emergency Powers
Company Policies Compliance
Health and Safety
Anti-Corruption
Conflict of Interest
Documentation and Records
Performance Metrics
Board Reporting
Staff Management
Business Continuity
Crisis Management
Manufacturing
Financial Services
Technology
Healthcare
Retail
Mining and Resources
Construction
Telecommunications
Professional Services
Energy
Transportation and Logistics
Agriculture
Education
Hospitality
Legal
Human Resources
Finance
Operations
Compliance
Risk Management
Corporate Secretariat
Board of Directors
Executive Management
Administrative Support
Interim CEO
Interim CFO
Interim COO
Interim Managing Director
Interim Finance Director
Interim HR Director
Interim Operations Manager
Interim Project Director
Interim Restructuring Officer
Interim Department Head
General Counsel
Company Secretary
HR Manager
Legal Manager
Compliance Officer
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