Interim Management Contract Template for New Zealand

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Key Requirements PROMPT example:

Interim Management Contract

"I need an Interim Management Contract for engaging a temporary CFO to oversee our company's financial restructuring and IPO preparation from March 2025 to December 2025, ensuring robust confidentiality provisions and clear performance metrics for the IPO timeline."

Document background
The Interim Management Contract is essential for organizations requiring temporary senior leadership or specialized expertise in New Zealand. This document is typically used during organizational transitions, turnaround situations, or when filling temporary leadership gaps. It provides a legal framework that clearly defines the scope of services, deliverables, and responsibilities while maintaining the distinction between employment and contractor status under New Zealand law. The contract addresses key aspects such as confidentiality, intellectual property rights, performance metrics, and termination provisions, while ensuring compliance with relevant legislation including the Employment Relations Act 2000 and Contract and Commercial Law Act 2017. It's particularly valuable for organizations undergoing significant change, requiring specific expertise for projects, or managing leadership transitions.
Suggested Sections

1. Parties: Identification of the contracting organization and the interim manager/management company

2. Background: Context of the appointment, including the organization's needs and interim nature of the role

3. Definitions: Key terms used throughout the agreement

4. Appointment and Term: Scope of appointment, role title, and duration of the interim arrangement

5. Services and Deliverables: Detailed description of services to be provided and specific deliverables expected

6. Duties and Responsibilities: Key duties, level of authority, and reporting relationships

7. Time Commitment: Expected working hours, availability, and flexibility requirements

8. Fees and Expenses: Payment terms, rate structure, and reimbursable expenses

9. Performance Standards: Expected standards of performance and quality metrics

10. Relationship of Parties: Clarification of independent contractor status and not employment

11. Confidentiality: Protection of confidential information and trade secrets

12. Intellectual Property: Ownership and rights to work product created during the engagement

13. Termination: Grounds for termination, notice periods, and consequences of termination

14. General Provisions: Standard legal provisions including governing law, notices, and entire agreement

Optional Sections

1. Non-Competition: Restrictions on competing activities, used when the interim manager will have access to sensitive strategic information

2. Insurance Requirements: Specific insurance coverage requirements, used when the role involves significant risk or regulatory requirements

3. Key Performance Indicators: Specific measurable targets, used when the role has defined performance metrics

4. Transition Provisions: Handover requirements, used when there's a specific succession plan

5. Board Reporting: Specific board reporting requirements, used for senior executive interim roles

6. Crisis Management: Special provisions for crisis situations, used when the interim manager is brought in for turnaround situations

7. Regulatory Compliance: Industry-specific compliance requirements, used in regulated industries

8. Team Management: Provisions regarding management of existing staff, used when the role includes significant people management responsibilities

Suggested Schedules

1. Schedule 1: Services Description: Detailed scope of services and specific deliverables

2. Schedule 2: Fee Structure: Detailed breakdown of fees, payment terms, and expense categories

3. Schedule 3: Key Contacts and Reporting Lines: List of key organizational contacts and reporting structure

4. Schedule 4: Performance Metrics: Specific KPIs and performance measurement criteria

5. Schedule 5: Company Policies: List of applicable company policies and procedures

6. Appendix A: Project Timeline: Detailed timeline of key milestones and deliverables

7. Appendix B: Handover Requirements: Specific requirements for knowledge transfer and handover

8. Appendix C: Compliance Requirements: Specific regulatory or industry compliance requirements

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

Clauses
Relevant Industries

Financial Services

Healthcare

Manufacturing

Technology

Retail

Professional Services

Construction

Education

Energy

Transportation and Logistics

Telecommunications

Public Sector

Not-for-Profit

Relevant Teams

Human Resources

Legal

Finance

Operations

Executive Leadership

Board Secretariat

Procurement

Risk and Compliance

Project Management Office

Corporate Services

Relevant Roles

Interim CEO

Interim CFO

Interim COO

Interim CTO

Interim HR Director

Interim Project Director

Interim Operations Manager

Interim Finance Director

Interim Marketing Director

Interim Transformation Director

Interim Change Manager

Interim Department Head

Interim Program Manager

Interim Business Unit Leader

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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