The Manager Managed Operating Agreement is a crucial document for businesses operating in Indonesia that choose to delegate management authority to specific individuals or entities rather than having all members participate in daily operations. This structure is particularly relevant for companies with passive investors or those requiring professional management expertise. The agreement must comply with Indonesian legal requirements, particularly Law No. 40 of 2007 on Limited Liability Companies and related regulations governing corporate management and foreign investment. It provides comprehensive guidelines for company operations, including capital structure, management responsibilities, member rights, profit distribution, and dispute resolution mechanisms, while ensuring alignment with Indonesian corporate governance standards and business practices.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
Alternatively...
1. Parties: Identification of all members and the company entity
2. Background: Context of the agreement and company formation
3. Definitions and Interpretation: Key terms used throughout the agreement and rules of interpretation
4. Formation and Name: Details of company formation, name, and registered address
5. Purpose and Business Activities: Scope of permitted business activities under Indonesian law
6. Capital Structure: Details of capital contributions, units/shares, and ownership percentages
7. Management Structure: Appointment of managers, powers, and responsibilities
8. Management Rights and Duties: Specific authorities, limitations, and obligations of managers
9. Members Rights and Obligations: Rights, voting powers, and duties of company members
10. Meetings and Voting: Procedures for management and member meetings
11. Financial Matters: Capital accounts, distributions, and fiscal management
12. Transfer of Interests: Rules regarding transfer of ownership interests
13. Withdrawal and Removal: Procedures for member withdrawal and manager removal
14. Dissolution and Liquidation: Process for company dissolution and asset distribution
15. Confidentiality: Protection of company and member confidential information
16. Dispute Resolution: Procedures for resolving conflicts under Indonesian law
17. General Provisions: Miscellaneous legal provisions including notices and amendments
1. Foreign Investment Provisions: Required when there are foreign investors, addressing specific requirements under Indonesian Investment Law
2. Intellectual Property Rights: Needed when the company owns or develops significant IP
3. Employee Profit Sharing: Optional section for companies implementing employee incentive programs
4. Related Party Transactions: Required when there are significant business dealings with related parties
5. Environmental Compliance: Necessary for companies in industries with environmental impacts
6. Special Purpose Vehicle Provisions: Required when the company is formed as an SPV
7. Branch Office Operations: Needed when the company operates branch offices
1. Schedule A - Initial Capital Contributions: Detailed breakdown of member capital contributions
2. Schedule B - Members Registry: List of all members and their ownership percentages
3. Schedule C - Management Structure: Detailed organizational chart and management positions
4. Schedule D - Business Plan: Initial business plan and operational strategy
5. Schedule E - Reserved Matters: List of decisions requiring special approval
6. Appendix 1 - Company Policies: Key operational and compliance policies
7. Appendix 2 - Forms of Resolutions: Standard forms for company resolutions
8. Appendix 3 - Power of Attorney Templates: Standard forms for delegating authority
Authors
Find the document you need
Operations Level Agreement
An Indonesian-compliant Operations Level Agreement template for establishing internal service delivery commitments and performance standards between organizational units.
Download
Real Estate Operating Agreement LLC
An agreement governing real estate operations through an LLC structure under Indonesian law, establishing property management and ownership frameworks.
Download
Multi Member Operating Agreement
An Indonesian law-compliant operating agreement establishing governance structure and member relationships for multi-member limited liability companies (PT).
Download
Manager Managed Operating Agreement
An Indonesian law-governed agreement establishing a manager-managed company structure, defining management rights and member relationships under Indonesian corporate law.
Download
Small Business Operating Agreement
An Indonesian law-governed agreement establishing the operational framework and management structure for a small business entity.
Download
Joint Operation Contract
An Indonesian law-governed agreement establishing a joint operation between parties for collaborative business activities, detailing operational, financial, and regulatory compliance aspects.
Download
Joint Operation Agreement
An Indonesian law-governed agreement establishing terms and conditions for joint business operations between multiple parties, ensuring compliance with local investment and regulatory requirements.
Download
Limited Liability Company Agreement
An Indonesian Limited Liability Company (PT) agreement that establishes company structure and governance under Law No. 40 of 2007.
Download
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your data is private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
