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Restaurant Management Agreement
"I need a Restaurant Management Agreement for my fine dining establishment in Zurich, where I want to retain final approval on menu changes and chef appointments while delegating all other operational responsibilities to the management company, with the agreement to commence on March 1, 2025."
1. Parties: Identification of the restaurant owner and the management company, including full legal names and addresses
2. Background: Context of the agreement, including brief description of the property and purpose of the management arrangement
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Appointment and Term: Scope of manager's appointment, duration of the agreement, and renewal terms
5. Manager's Rights and Responsibilities: Comprehensive outline of the management company's authority, duties, and operational responsibilities
6. Owner's Rights and Obligations: Owner's retained rights, responsibilities, and obligations regarding the property and operation
7. Staff and Employment: Employment arrangements, staffing responsibilities, and allocation of employment liabilities
8. Financial Arrangements: Management fees, payment terms, expense allocations, and financial reporting requirements
9. Operating Standards: Required quality standards, brand standards, and operational benchmarks
10. Maintenance and Capital Expenditure: Responsibilities for maintenance, repairs, and capital improvements
11. Insurance and Liability: Required insurance coverage and allocation of risks between parties
12. Termination: Grounds for termination, notice requirements, and consequences of termination
13. Post-Termination Obligations: Obligations and transitions following agreement termination
14. General Provisions: Standard legal provisions including governing law, notices, and dispute resolution
1. Intellectual Property: Provisions regarding trademarks, branding, and IP rights when the restaurant operates under a specific brand
2. Non-Compete: Restrictions on the manager's ability to operate competing establishments, used when protecting market position
3. Emergency Services: Special provisions for manager's responsibilities during emergencies or force majeure events
4. Environmental Compliance: Specific environmental obligations when the property has particular environmental concerns
5. Marketing and Promotion: Detailed marketing responsibilities and budget when marketing is a significant component
6. Technology Systems: Provisions regarding POS systems, booking systems, and other technology when specific systems are required
7. Third-Party Contracts: Management of supplier relationships and contracts when significant third-party relationships exist
8. Property Improvement Plan: Schedule for renovations or improvements when specific upgrades are planned
1. Property Description: Detailed description of the restaurant premises, including floor plans and facilities
2. Fee Structure: Detailed breakdown of management fees, including base fees, incentive fees, and expense categories
3. Performance Standards: Specific KPIs, quality metrics, and performance benchmarks
4. Required Insurance: Detailed insurance requirements including types of coverage and minimum limits
5. Operating Budget: Initial or sample operating budget and budget preparation procedures
6. Inventory: Initial inventory of FF&E and other owner-provided items
7. Staff Positions: Key personnel positions and organizational structure
8. Brand Standards: Detailed brand and operating standards if applicable
9. Financial Reporting Templates: Required formats for financial reports and statements
Authors
Applicable Laws
Approved Operating Budget
Base Management Fee
Business Day
Capital Expenditure
Commencement Date
Confidential Information
Contract Year
Effective Date
Emergency
FF&E
Force Majeure
Gross Operating Revenue
Incentive Fee
Initial Term
Intellectual Property Rights
Inventory
Key Performance Indicators
Management Services
Manager
Operating Accounts
Operating Expenses
Operating Standards
Operating Supplies
Owner
Performance Test
Premises
Property
Quality Standards
Renewal Term
Restaurant
Restaurant Assets
Restaurant Personnel
Revenue
Small Operating Equipment
Term
Territory
Trade Name
Working Capital
Brand Standards
Operating Licenses
Health and Safety Requirements
Food Safety Standards
Cantonal Regulations
Operating Hours
Reporting Period
Financial Statements
Management Committee
Operating Manual
Service Standards
Term and Renewal
Management Services
Operating Standards
Licensing and Permits
Food Safety and Hygiene
Staff and Employment
Financial Management
Management Fees
Operating Budget
Capital Expenditure
Maintenance and Repair
Insurance
Indemnification
Health and Safety
Brand Standards
Quality Control
Reporting Requirements
Record Keeping
Intellectual Property
Confidentiality
Non-Competition
Force Majeure
Termination
Post-Termination
Assignment
Amendments
Notices
Governing Law
Dispute Resolution
Severability
Entire Agreement
Third Party Rights
Environmental Compliance
Emergency Procedures
Marketing and Promotion
Inventory Management
Equipment and Facilities
Compliance with Laws
Performance Standards
Audit Rights
Hospitality
Food & Beverage
Real Estate
Restaurant Operations
Hotel Management
Facility Management
Commercial Property
Leisure & Entertainment
Legal
Operations
Finance
Compliance
Property Management
Food & Beverage
Business Development
Risk Management
Commercial
Facility Management
Restaurant Owner
Operations Director
General Manager
Chief Financial Officer
Legal Counsel
Property Manager
Food & Beverage Director
Compliance Officer
Business Development Manager
Facilities Manager
Contract Manager
Risk Manager
Regional Director
Managing Director
Commercial Director
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