Management Agreement Between Two Companies Template for England and Wales

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Key Requirements PROMPT example:

Management Agreement Between Two Companies

"I need a Management Agreement Between Two Companies for my tech consulting firm to provide strategic management services to a manufacturing company, including quarterly performance reviews and specific KPIs, with the agreement to start from March 2025."

Document background
The Management Agreement Between Two Companies is essential when one company wishes to formally engage another for management services. This agreement, governed by English and Welsh law, defines the relationship between the service provider and client company, establishing clear parameters for service delivery, performance expectations, and financial arrangements. It's particularly valuable for inter-company relationships, group structures, or external management arrangements, providing legal protection and operational clarity for both parties while ensuring compliance with UK corporate and commercial law requirements.
Suggested Sections

1. Parties: Identification and details of the contracting companies

2. Background: Context and purpose of the management agreement

3. Definitions: Key terms used throughout the agreement

4. Scope of Services: Detailed description of management services to be provided

5. Term and Termination: Duration of agreement and termination provisions

6. Fees and Payment Terms: Management fees, payment schedule, and related terms

7. Obligations of the Parties: Responsibilities and duties of both companies

Optional Sections

1. Intellectual Property Rights: IP ownership and licensing provisions - include when management services involve creation or use of IP

2. Staff and Secondment: Terms relating to personnel arrangements - include when staff will be seconded between companies

3. Service Levels: Performance metrics and standards - include when specific performance measures are required

4. Change Control: Process for making changes to services - include for complex or long-term arrangements

Suggested Schedules

1. Schedule of Services: Detailed breakdown of management services to be provided

2. Fee Schedule: Detailed breakdown of fees and payment terms

3. Service Level Agreement: Specific performance metrics and standards

4. Key Personnel: List of key staff involved in service delivery

5. Data Processing Agreement: Terms for handling personal data between parties

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Clauses
Industries

Companies Act 2006: Primary legislation governing company operations, including corporate authority, capacity, directors' duties, responsibilities, and company decision-making processes

Contracts (Rights of Third Parties) Act 1999: Legislation governing third-party rights and enforcement in contractual relationships

Employment Rights Act 1996: Relevant for management services involving seconded employees and employment status considerations

Data Protection Act 2018 and UK GDPR: Laws governing data sharing between companies and processing of personal information

Bribery Act 2010: Anti-corruption legislation setting out compliance requirements and anti-bribery provisions

Common Law Principles: Legal principles covering contract formation, consideration, and remedies for breach of contract

Partnership Law: Legal framework to ensure the management agreement doesn't inadvertently create a partnership relationship

Competition Law (Competition Act 1998 & Enterprise Act 2002): Legislation governing fair competition and market practices between businesses

Intellectual Property Rights Legislation: Including Copyright, Designs and Patents Act 1988 and Trade Marks Act 1994 for protection of intellectual property

Financial Services and Markets Act 2000: Relevant when management services include regulated financial activities

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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