Management Fee Agreement Template for South Africa

1. Performance Metrics: Used when management fees are linked to specific performance targets or KPIs

2. Exchange Control Provisions: Required when management fees are paid across borders or in foreign currency

3. Tax Gross-Up: Included when parties agree on handling of withholding tax and other tax implications

4. Regulatory Compliance: Specific section for regulated industries or when management services include regulated activities

5. Force Majeure: Optional clause for handling unforeseen circumstances affecting service delivery

6. Non-Competition: Used when restricting the manager from providing similar services to competitors

7. Intellectual Property: Required when management services involve creation or use of intellectual property

8. Insurance: Included when specific insurance coverage is required for the management services

1. Schedule 1: Detailed Service Description: Comprehensive list and description of all management services to be provided

2. Schedule 2: Fee Calculation Methodology: Detailed explanation of fee calculations, including formulas and examples

3. Schedule 3: Key Personnel: List of key team members responsible for service delivery and their roles

4. Schedule 4: Service Level Agreement: Specific performance standards, metrics, and response times

5. Schedule 5: Reporting Templates: Standard formats for regular reports and performance updates

6. Appendix A: Power of Attorney: If required for specific management functions

7. Appendix B: Compliance Requirements: Relevant regulatory and compliance obligations

8. Appendix C: Client Assets and Resources: List of client resources to which the manager will have access