Management Agreement Between Two Companies Template for Qatar

The Management Agreement Between Two Companies is a crucial document used when one company seeks to engage another company's expertise to manage specific operations, departments, or entire business functions. This agreement type is particularly relevant in Qatar's growing business environment, where companies often seek specialized management expertise while maintaining compliance with local laws and regulations. The document addresses key aspects including scope of services, performance metrics, fee structures, and governance mechanisms, while incorporating necessary provisions to comply with Qatar's Commercial Companies Law and other relevant regulations. It's commonly used in scenarios such as business expansion, operational optimization, or when local companies seek international management expertise while maintaining compliance with Qatar's foreign investment and commercial laws.

1. Parties: Identification of the contracting companies including registration details and addresses

2. Background: Context of the agreement and brief description of both companies and their intention to enter into a management arrangement

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

4. Appointment and Scope: Formal appointment of the management company and overview of management services scope

5. Term and Renewal: Duration of the agreement and conditions for renewal

6. Management Services: Detailed description of management services to be provided

7. Responsibilities of Managing Company: Specific obligations and duties of the company providing management services

8. Responsibilities of Client Company: Obligations and duties of the company receiving management services

9. Fees and Payment Terms: Management fees, payment schedule, and related financial terms

10. Performance Standards: Required service levels and performance metrics

11. Reporting and Oversight: Reporting requirements, meetings, and oversight mechanisms

12. Confidentiality: Protection and handling of confidential information

13. Liability and Indemnification: Allocation of risks and indemnification obligations

14. Force Majeure: Provisions for unforeseen circumstances and their handling

15. Termination: Grounds for termination and termination procedures

16. Governing Law and Jurisdiction: Specification of Qatar law as governing law and jurisdiction for disputes

17. Dispute Resolution: Procedures for resolving disputes, including arbitration provisions

18. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment