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1. Parties: Identification and details of the Principal and the Management Company
2. Background: Context of the agreement and brief description of the parties' business relationship
3. Definitions: Key terms used throughout the agreement
4. Appointment and Scope: Terms of appointment and detailed scope of management services
5. Non-Exclusivity: Clear statement of non-exclusive nature and rights of both parties to engage with others
6. Term and Termination: Duration of the agreement and conditions for termination
7. Management Services: Detailed description of services to be provided
8. Duties and Responsibilities: Specific obligations of the Management Company
9. Compensation and Payment Terms: Fee structure, payment schedule, and related financial terms
10. Reporting and Performance Standards: Requirements for reporting and quality of service delivery
11. Confidentiality: Protection of confidential information and trade secrets
12. Intellectual Property Rights: Ownership and usage rights of IP created during the engagement
13. Indemnification: Mutual indemnification obligations and liability limitations
14. General Provisions: Standard legal clauses including notices, amendments, and governing law
1. Non-Solicitation: Restrictions on hiring each other's employees, used when parties have significant staff interaction
2. Insurance: Insurance requirements, included when services involve significant risks or regulatory requirements
3. Force Majeure: Provisions for unforeseen circumstances, important in long-term or high-value agreements
4. Dispute Resolution: Specific procedures for resolving disputes, included when parties prefer alternative dispute resolution
5. Compliance with Laws: Specific regulatory compliance requirements, needed in regulated industries
6. Assignment and Subcontracting: Rights to transfer obligations or use subcontractors, included when relevant to business model
7. Data Protection: Specific data handling requirements, needed when personal or sensitive data is involved
1. Schedule A - Services Description: Detailed breakdown of management services to be provided
2. Schedule B - Fee Structure: Detailed fee calculations, rates, and payment terms
3. Schedule C - Key Performance Indicators: Specific metrics for measuring performance
4. Schedule D - Reporting Requirements: Ƶ and timing for required reports
5. Schedule E - Key Personnel: List of key team members and their roles
6. Appendix 1 - Service Level Agreement: Detailed service standards and response times
7. Appendix 2 - Compliance Requirements: Specific regulatory or industry compliance requirements
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