Management Agreement Template for India

1. Parties: Identification of the parties entering into the agreement, including registered addresses and company details

2. Background: Context of the agreement, business rationale, and brief description of the parties' intentions

3. Definitions and Interpretation: Definitions of key terms used in the agreement and rules of interpretation

4. Appointment and Scope of Services: Terms of appointment and detailed description of management services to be provided

5. Authority and Limitations: Extent and limitations of management authority, decision-making powers, and reserved matters

6. Duties and Responsibilities: Specific obligations of the management service provider and the client

7. Management Fees and Expenses: Fee structure, payment terms, reimbursable expenses, and invoicing procedures

8. Performance Standards: Expected service levels, KPIs, and quality standards

9. Representations and Warranties: Statements of fact and assurances from both parties

10. Confidentiality: Protection and handling of confidential information

11. Intellectual Property Rights: Ownership and usage rights of IP created during the management services

12. Term and Termination: Duration of agreement, renewal terms, and termination provisions

13. Indemnification and Liability: Risk allocation, limitations of liability, and indemnification obligations

14. Force Majeure: Provisions for unforeseen circumstances affecting performance

15. Governing Law and Dispute Resolution: Applicable law and mechanisms for resolving disputes

16. General Provisions: Standard boilerplate clauses including notices, amendments, and severability

1. Schedule 1 - Scope of Services: Detailed description of management services, deliverables, and exclusions

2. Schedule 2 - Fee Structure: Detailed breakdown of management fees, incentives, and payment calculations

3. Schedule 3 - Key Personnel: List of key management team members and their roles

4. Schedule 4 - Performance Metrics: Detailed KPIs, measurement methodologies, and reporting requirements

5. Schedule 5 - Delegated Authority Limits: Specific financial and operational authority limits for management decisions

6. Schedule 6 - Required Reports: List and format of required management reports and their frequency

7. Schedule 7 - Compliance Requirements: Specific regulatory and compliance obligations

8. Appendix A - Standard Operating Procedures: Detailed operational procedures and guidelines

9. Appendix B - Form of Reports: Templates for required management reports