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1. Parties: Identification of all parties to the agreement, including the company and the managing partner
2. Background: Context of the appointment and brief description of the business
3. Definitions: Key terms used throughout the agreement
4. Appointment and Term: Formal appointment of the managing partner and duration of the agreement
5. Powers and Authority: Scope of managing partner's decision-making authority and limitations
6. Duties and Responsibilities: Detailed obligations of the managing partner
7. Remuneration and Benefits: Partner's compensation package, including profit share, salary, and benefits
8. Working Hours and Location: Expected time commitment and primary place of work
9. Compliance and Reporting: Obligations regarding legal compliance, reporting, and corporate governance
10. Confidentiality: Protection of company information and trade secrets
11. Non-Competition and Non-Solicitation: Restrictions on competing activities and soliciting employees/clients
12. Termination: Circumstances and procedures for ending the agreement
13. Post-Termination Obligations: Continuing obligations after agreement ends
14. Governing Law and Dispute Resolution: Applicable law and method of resolving disputes
1. Intellectual Property: Required when the managing partner may create or handle significant IP
2. International Travel: Needed when role involves frequent international business
3. Partnership Capital Contribution: Include when managing partner is required to make capital investments
4. Family Succession Rights: Relevant for family businesses addressing inheritance of partnership
5. Training and Development: Include when specific professional development is required
6. Insurance and Indemnification: Important when additional liability protection is needed
7. Shariah Compliance: Detailed section needed when business involves Islamic financial products
8. External Directorships: Required when managing partner holds other board positions
1. Schedule 1 - Duties and Responsibilities: Detailed list of specific duties and expectations
2. Schedule 2 - Remuneration Package: Detailed breakdown of all compensation elements
3. Schedule 3 - Company Policies: Key internal policies the managing partner must follow
4. Schedule 4 - Performance Metrics: Specific KPIs and performance evaluation criteria
5. Schedule 5 - Authorized Activities: List of specific actions the managing partner can take without board approval
6. Appendix A - Power of Attorney: Formal delegation of legal authority if required
7. Appendix B - Confidential Information: Detailed list of what constitutes confidential information
8. Appendix C - Related Companies: List of affiliated entities covered by non-compete provisions
Professional Services
Financial Services
Real Estate
Manufacturing
Trading
Technology
Healthcare
Construction
Consulting
Family Business
Retail
Industrial
Investment Management
Legal
Corporate Governance
Executive Leadership
Human Resources
Finance
Compliance
Risk Management
Operations
Board Secretariat
Strategy
Partnership Office
Managing Partner
Senior Partner
Executive Partner
General Partner
CEO
Managing Director
Executive Director
Board Member
Chief Operating Officer
Regional Partner
Country Head
Practice Head
Division Director
Senior Management Partner
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