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Management Fee Agreement
"I need a Management Fee Agreement for our UK-based management company to provide asset management services to our Saudi Arabian real estate development project starting March 2025, including quarterly reporting requirements and compliance with both Saudi and Sharia law."
1. Parties: Identification of the service provider and recipient, including full legal names, commercial registration numbers, and authorized representatives
2. Background: Context of the agreement, business relationship, and purpose of the management services
3. Definitions: Key terms used throughout the agreement, including 'Management Services', 'Fee', 'Service Period', etc.
4. Scope of Services: Detailed description of management services to be provided, including specific responsibilities and deliverables
5. Term and Termination: Duration of the agreement, renewal provisions, and circumstances for termination
6. Management Fees: Fee structure, calculation methodology, and payment terms including VAT considerations
7. Payment Terms: Timing of payments, invoicing procedures, currency, and payment method
8. Obligations of Service Provider: Key responsibilities, service standards, and compliance requirements
9. Obligations of Recipient: Cooperation requirements, information provision, and other recipient duties
10. Representations and Warranties: Standard commercial warranties and Sharia compliance declarations
11. Confidentiality: Protection of confidential information and trade secrets
12. Governing Law and Jurisdiction: Application of Saudi law and dispute resolution mechanisms
13. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment
1. Personnel: Include when management services involve deployment of specific personnel or teams
2. Intellectual Property: Include when services involve creation or use of intellectual property
3. Performance Metrics: Include when agreement includes specific KPIs or performance standards
4. Regulatory Compliance: Include for regulated industries or when specific regulatory requirements apply
5. Insurance: Include when specific insurance coverage is required
6. Non-Competition: Include when restrictions on competitive activities are necessary
7. Force Majeure: Include when specific force majeure provisions are needed beyond standard provisions
8. Anti-corruption: Include for international agreements or when dealing with public sector
9. Data Protection: Include when services involve processing of personal or sensitive data
1. Schedule 1 - Scope of Services: Detailed breakdown of management services and deliverables
2. Schedule 2 - Fee Schedule: Detailed fee structure, calculations, and examples
3. Schedule 3 - Service Levels: Performance standards and measurement criteria
4. Schedule 4 - Key Personnel: List of key personnel and their roles if applicable
5. Schedule 5 - Reporting Requirements: Format and frequency of management reports
6. Appendix A - Power of Attorney: If required for specific management functions
7. Appendix B - Compliance Requirements: Specific regulatory or Sharia compliance requirements
8. Appendix C - Forms and Templates: Standard forms for invoicing, reporting, and other regular communications
Authors
Financial Services
Real Estate
Healthcare
Hospitality
Manufacturing
Construction
Retail
Technology
Energy
Infrastructure
Transportation
Education
Professional Services
Investment Management
Industrial
Legal
Finance
Operations
Compliance
Commercial
Risk Management
Business Development
Treasury
Corporate Governance
Investment
Project Management
Administrative
Chief Executive Officer
Chief Financial Officer
Legal Counsel
Commercial Director
Operations Manager
Finance Manager
Compliance Officer
Contract Manager
Business Development Manager
Investment Manager
Managing Director
Head of Legal
Project Manager
Risk Manager
Treasury Manager
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