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Exclusive Management Agreement
"I need an Exclusive Management Agreement for my real estate company in Mumbai, appointing ABC Management Services Ltd. as the exclusive property manager for our portfolio of commercial buildings from January 2025, with special emphasis on sustainability and green building management practices."
1. Parties: Identification of the appointing entity and the management company, including their registered addresses and company details
2. Background: Context of the agreement, brief description of the parties' businesses, and purpose of entering into the management arrangement
3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and rules of interpretation
4. Appointment and Scope: Express appointment of the manager, confirmation of exclusivity, and detailed scope of management services
5. Term and Renewal: Duration of the agreement, commencement date, and provisions for renewal
6. Manager's Rights and Obligations: Detailed responsibilities, authority levels, and specific duties of the manager
7. Client's Obligations: Responsibilities and commitments of the appointing entity, including cooperation and information provision
8. Exclusivity Provisions: Specific terms ensuring and defining the exclusive nature of the arrangement
9. Fees and Payment Terms: Management fees, payment schedule, expenses, and any performance-based compensation
10. Representations and Warranties: Standard and specific warranties from both parties
11. Confidentiality: Protection of confidential information and trade secrets
12. Termination: Grounds for termination, notice periods, and consequences of termination
13. Post-Termination Obligations: Obligations surviving termination, handover requirements, and transition arrangements
14. Indemnification: Mutual indemnification provisions and liability limitations
15. Governing Law and Dispute Resolution: Choice of Indian law and dispute resolution mechanisms
16. General Provisions: Standard boilerplate clauses including notices, amendments, and severability
1. Intellectual Property Rights: Required when the management services involve creation or use of intellectual property
2. Non-Compete and Non-Solicitation: Added when specific restrictions on competitive activities are needed
3. Insurance: Included when specific insurance requirements need to be maintained by either party
4. Force Majeure: Added when parties want specific provisions for handling unforeseen circumstances
5. Assignment and Subcontracting: Required when either party needs the right to assign or subcontract obligations
6. Data Protection: Necessary when personal data processing is involved in the management services
7. Compliance with Laws: Added when specific regulatory compliance needs to be addressed
8. Performance Metrics: Included when specific performance standards and measurements are required
1. Schedule 1 - Scope of Services: Detailed breakdown of management services to be provided
2. Schedule 2 - Fee Structure: Detailed fee calculations, including base fees, performance fees, and expenses
3. Schedule 3 - Key Personnel: List of key management team members and their roles
4. Schedule 4 - Service Levels: Specific performance standards and metrics
5. Schedule 5 - Reporting Requirements: Details of required reports, frequency, and content
6. Schedule 6 - Operating Procedures: Detailed operational processes and procedures
7. Appendix A - Power of Attorney: If required, specific powers granted to the manager
8. Appendix B - Insurance Requirements: Detailed insurance coverage requirements and minimum limits
Authors
Applicable Law
Affiliate
Assets
Business Day
Business Hours
Base Fee
Commencement Date
Confidential Information
Client
Client Group
Effective Date
Event of Default
Exclusivity Period
Exclusive Territory
Force Majeure Event
Good Industry Practice
Governmental Authority
Initial Term
Intellectual Property Rights
Key Personnel
Management Services
Manager
Management Fee
Operating Procedures
Performance Metrics
Performance Fee
Permitted Purpose
Quarter
Renewal Term
Reports
Service Levels
Scope of Services
Term
Territory
Termination Date
Third Party
Working Hours
Appointment
Exclusivity
Term and Renewal
Scope of Services
Management Rights
Management Obligations
Client Obligations
Fees and Expenses
Payment Terms
Performance Standards
Reporting Requirements
Key Personnel
Intellectual Property
Confidentiality
Non-Compete
Non-Solicitation
Representations and Warranties
Indemnification
Limitation of Liability
Force Majeure
Insurance
Assignment
Subcontracting
Termination
Consequences of Termination
Transition Assistance
Notice
Governing Law
Dispute Resolution
Entire Agreement
Amendment
Severability
Waiver
Third Party Rights
Counterparts
Compliance with Laws
Anti-Corruption
Data Protection
Audit Rights
Real Estate
Hospitality
Healthcare
Entertainment
Sports
Retail
Manufacturing
Education
Technology
Financial Services
Professional Services
Infrastructure
Agriculture
Media & Broadcasting
Transportation & Logistics
Legal
Operations
Business Development
Compliance
Risk Management
Finance
Strategy
Corporate Affairs
Project Management
Asset Management
Facilities Management
Investment
Commercial
Chief Executive Officer
Managing Director
Chief Operating Officer
General Manager
Business Development Manager
Operations Director
Legal Counsel
Contract Manager
Compliance Officer
Project Manager
Asset Manager
Facility Manager
Property Manager
Investment Manager
Portfolio Manager
Business Owner
Company Secretary
Risk Manager
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