Management Fee Agreement Template for Ireland

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Key Requirements PROMPT example:

Management Fee Agreement

"I need a Management Fee Agreement for our investment management firm to provide fund management services to a real estate investment fund, with quarterly fee calculations based on assets under management and performance incentives, starting from March 2025."

Document background
The Management Fee Agreement is a crucial document used in Irish business relationships where one entity provides management services to another for a fee. It is particularly relevant in corporate structures, investment funds, and professional service arrangements where ongoing management services are required. The agreement establishes the commercial and legal framework for the service relationship, including detailed fee calculations, service scope, and performance expectations. Governed by Irish law, it must comply with relevant corporate, financial services, and tax regulations. This document is essential for businesses seeking to formalize their management service arrangements while ensuring regulatory compliance and protecting both parties' interests.
Suggested Sections

1. Parties: Identification of the service provider and recipient, including registration details and addresses

2. Background: Context of the agreement and relationship between parties

3. Definitions: Defined terms used throughout the agreement

4. Appointment and Scope: Terms of appointment and detailed scope of management services

5. Management Fee Structure: Calculation methodology, payment terms, and review mechanisms for fees

6. Payment Terms: Invoicing process, payment deadlines, and late payment consequences

7. Service Provider Obligations: Key responsibilities and commitments of the management service provider

8. Client Obligations: Responsibilities and commitments of the client receiving services

9. Term and Termination: Duration of agreement and circumstances for termination

10. Confidentiality: Protection and handling of confidential information

11. Liability and Indemnification: Limitation of liability and indemnification provisions

12. Force Majeure: Provisions for unforeseen circumstances affecting service delivery

13. Governing Law and Jurisdiction: Specification of Irish law and jurisdiction for disputes

14. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment

Optional Sections

1. Regulatory Compliance: Required when services involve regulated activities or sectors

2. Data Protection: Required when significant personal or business data processing is involved

3. Intellectual Property: Required when services involve creation or use of intellectual property

4. Service Levels: Required when specific performance metrics need to be maintained

5. Staff and Resources: Required when specific personnel or resources are crucial to service delivery

6. Insurance: Required when specific insurance coverage needs to be maintained

7. Anti-Corruption and Anti-Bribery: Required for high-value contracts or public sector involvement

8. Change Control: Required when service scope may need frequent adjustments

Suggested Schedules

1. Schedule 1 - Services Description: Detailed description of management services to be provided

2. Schedule 2 - Fee Calculation: Detailed methodology for calculating management fees

3. Schedule 3 - Service Levels: Specific performance metrics and measurement criteria

4. Schedule 4 - Key Personnel: List of key personnel and their roles in service delivery

5. Schedule 5 - Reports and Documentation: Required reports and their frequency

6. Schedule 6 - Governance and Escalation: Management structure and issue escalation procedures

7. Appendix A - Form of Invoice: Template for invoice submission

8. Appendix B - Contact Details: Key contact information for both 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

Relevant legal definitions
Clauses
Relevant Industries

Financial Services

Investment Management

Corporate Services

Professional Services

Real Estate

Private Equity

Fund Management

Asset Management

Property Management

Business Consulting

Corporate Management

Relevant Teams

Legal

Finance

Compliance

Operations

Corporate Services

Risk Management

Investment

Commercial

Business Development

Administration

Management

Treasury

Relevant Roles

Chief Financial Officer

Legal Counsel

Corporate Secretary

Finance Director

Managing Director

Operations Manager

Compliance Officer

Fund Manager

Investment Director

Commercial Director

Business Development Manager

Contract Manager

Financial Controller

Risk Manager

Company Director

Industries
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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