Interim Management Agreement Template for Indonesia

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Key Requirements PROMPT example:

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."

Document background
The Interim Management Agreement is essential for organizations in Indonesia requiring temporary leadership or specialized management expertise during periods of transition, crisis, or strategic change. This document type is commonly used when companies need immediate professional management support due to sudden departures, organizational restructuring, or specific project requirements. The agreement must comply with Indonesian legal requirements, including the Civil Code, employment laws, and corporate regulations. It typically includes detailed provisions for authority delegation, performance metrics, reporting structures, and knowledge transfer protocols. The Interim Management Agreement is particularly crucial in ensuring clear governance and risk management while maintaining operational continuity during transitional periods.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

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

Relevant legal definitions
Clauses
Relevant Industries

Manufacturing

Financial Services

Technology

Healthcare

Retail

Mining and Resources

Construction

Telecommunications

Professional Services

Energy

Transportation and Logistics

Agriculture

Education

Hospitality

Relevant Teams

Legal

Human Resources

Finance

Operations

Compliance

Risk Management

Corporate Secretariat

Board of Directors

Executive Management

Administrative Support

Relevant Roles

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

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

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