The Personal Management Agreement serves as the foundational document governing the business relationship between managers and talent in various creative and professional fields. This agreement is essential when a talent seeks professional representation for career development, strategic guidance, and business management. Under U.S. law, particularly in states with specific talent representation regulations like California, the agreement must clearly distinguish management services from agency services, as managers are generally prohibited from procuring employment. The document typically includes detailed provisions about commission structures, scope of services, term length, and termination rights, while ensuring compliance with state-specific requirements and industry standards.
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1. Parties: Identification of the manager and talent with full legal names and addresses
2. Background: Context of the agreement and brief description of the parties' intentions
3. Definitions: Key terms used throughout the agreement including 'Services', 'Term', 'Commission', etc.
4. Scope of Services: Detailed description of management services to be provided
5. Term and Termination: Duration of agreement and conditions for termination
6. Compensation: Commission structure and payment terms
7. Obligations of Manager: Manager's duties and responsibilities
8. Obligations of Talent: Talent's duties and responsibilities
9. Representations and Warranties: Statements of fact and promises made by both parties
10. General Provisions: Standard contract clauses including governing law, notices, and amendments
1. Power of Attorney: Authorization provisions for manager to act on talent's behalf in specific circumstances
2. Intellectual Property Rights: Provisions regarding ownership and management of intellectual property created during the term
3. International Representation: Terms and conditions for representation in foreign territories
4. Non-Competition: Restrictions on talent's ability to engage other managers during and after the term
5. Confidentiality: Provisions regarding the protection and non-disclosure of confidential information
1. Schedule A - Commission Structure: Detailed breakdown of commission rates for different types of income and revenue streams
2. Schedule B - Excluded Activities: List of activities or income sources excluded from the commission structure
3. Schedule C - Territory: Geographic scope of representation and any territory-specific terms
4. Schedule D - Pre-existing Commitments: List of talent's existing contractual obligations and relationships
Relevant legal definitions
Agreement
Artist/Talent
Manager
Services
Term
Territory
Commission
Gross Earnings
Net Earnings
Effective Date
Entertainment Industry
Intellectual Property
Work Product
Professional Name
Excluded Activities
Pre-existing Commitments
Confidential Information
Force Majeure
Business Day
Employment Opportunities
Merchandising Rights
Publishing Rights
Recording Income
Performance Income
Endorsement Income
Sponsorship Income
Digital Media Income
Social Media Content
Theatrical Engagements
Television Appearances
Film Appearances
Personal Appearances
Management Commission
Termination Date
Cure Period
Material Breach
Governing Law
Affiliate
Artist/Talent
Manager
Services
Term
Territory
Commission
Gross Earnings
Net Earnings
Effective Date
Entertainment Industry
Intellectual Property
Work Product
Professional Name
Excluded Activities
Pre-existing Commitments
Confidential Information
Force Majeure
Business Day
Employment Opportunities
Merchandising Rights
Publishing Rights
Recording Income
Performance Income
Endorsement Income
Sponsorship Income
Digital Media Income
Social Media Content
Theatrical Engagements
Television Appearances
Film Appearances
Personal Appearances
Management Commission
Termination Date
Cure Period
Material Breach
Governing Law
Affiliate
Clauses
Services
Term and Termination
Commission
Payment Terms
Exclusivity
Obligations of Manager
Obligations of Talent
Representations and Warranties
Confidentiality
Non-Solicitation
Power of Attorney
Intellectual Property Rights
Territory
Indemnification
Force Majeure
Assignment
Independent Contractor Status
Dispute Resolution
Governing Law
Amendments
Notices
Severability
Entire Agreement
Third Party Rights
Termination Rights
Post-Termination Obligations
Commission Survival
Record Keeping
Audit Rights
Insurance
Expenses
Key Person
Publicity Rights
Social Media Management
Digital Rights
Alternative Dispute Resolution
Waiver
Term and Termination
Commission
Payment Terms
Exclusivity
Obligations of Manager
Obligations of Talent
Representations and Warranties
Confidentiality
Non-Solicitation
Power of Attorney
Intellectual Property Rights
Territory
Indemnification
Force Majeure
Assignment
Independent Contractor Status
Dispute Resolution
Governing Law
Amendments
Notices
Severability
Entire Agreement
Third Party Rights
Termination Rights
Post-Termination Obligations
Commission Survival
Record Keeping
Audit Rights
Insurance
Expenses
Key Person
Publicity Rights
Social Media Management
Digital Rights
Alternative Dispute Resolution
Waiver
Relevant Industries
Relevant Teams
Relevant Roles
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