The Exclusive Management Agreement serves as the foundational document for professional representation relationships in various industries across the United States. This contract type is essential when establishing a formal, exclusive relationship between managers and their clients, whether in entertainment, sports, or business sectors. The agreement comprehensively addresses key aspects including scope of services, compensation, term length, and exclusivity rights, while ensuring compliance with both federal and state regulations. It's particularly crucial for protecting both parties' interests and clearly defining the boundaries and expectations of the management relationship.
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1. Parties: Identification of the Manager and the Client/Talent being managed
2. Background: Context of the agreement and brief description of the parties' intentions
3. Definitions: Key terms used throughout the agreement
4. Scope of Services: Detailed description of management services to be provided
5. Term and Renewal: Duration of the agreement and renewal terms
6. Compensation: Management fees, commission structures, and payment terms
7. Exclusivity: Terms of exclusive representation
8. Termination: Conditions and procedures for ending the agreement
1. Territory: Geographic scope of representation - used when management services are limited to specific regions
2. Power of Attorney: Authorization for manager to act on behalf of client - used when manager needs legal authority to execute documents
3. Intellectual Property: Rights and ownership of creative works - used when managing creative professionals
4. Non-Compete: Restrictions on competitive activities - used when protecting business interests is crucial
1. Schedule A - Services: Detailed list of management services to be provided
2. Schedule B - Fee Structure: Detailed breakdown of fees and commission rates
3. Schedule C - Existing Commitments: List of pre-existing contracts or obligations
4. Schedule D - Approved Third Parties: List of approved subcontractors or service providers
5. Appendix 1 - Reporting Requirements: Format and frequency of management reports
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