Personal Management Agreement Template for India

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Key Requirements PROMPT example:

Personal Management Agreement

"I need a Personal Management Agreement for a rising Bollywood actor, with special emphasis on digital rights management and international representation, to commence from January 2025 with an initial three-year term."

Document background
The Personal Management Agreement is essential for formalizing professional representation relationships in India's entertainment, sports, and creative industries. It is typically used when an artist, performer, athlete, or creative professional seeks professional management services for their career development. The agreement must comply with Indian contract law, particularly the Indian Contract Act, 1872, while addressing industry-specific requirements. It covers crucial elements such as the scope of representation, commission structures, exclusivity terms, and the manager's authority to act on behalf of the talent. This document is particularly important in the Indian context where the entertainment and creative industries are rapidly evolving, requiring clear definition of roles, responsibilities, and financial arrangements between talents and their representatives.
Suggested Sections

1. Parties: Identification of the Manager and the Talent with their full legal names and addresses

2. Background: Context of the agreement, including the Talent's profession and the Manager's expertise

3. Definitions: Key terms used throughout the agreement including 'Services', 'Term', 'Commission', 'Gross Income', etc.

4. Appointment and Term: Formal appointment of the Manager and duration of the agreement

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

6. Manager's Rights and Obligations: Specific duties, responsibilities, and authority of the Manager

7. Talent's Rights and Obligations: Specific duties and commitments of the Talent

8. Exclusivity: Terms regarding exclusive representation and any territorial limitations

9. Commission and Payments: Fee structure, payment terms, and calculation of commission

10. Expenses: Treatment of business expenses and reimbursement procedures

11. Intellectual Property Rights: Ownership and management of IP created during the term

12. Confidentiality: Protection of confidential information and trade secrets

13. Termination: Grounds for termination and post-termination obligations

14. Dispute Resolution: Process for resolving disputes including jurisdiction and governing law

15. General Provisions: Standard clauses including notices, amendments, and severability

Optional Sections

1. Digital Rights Management: Section specific to social media and online presence management, necessary for talents with significant digital footprint

2. Merchandising Rights: Section dealing with merchandise licensing and revenue sharing, relevant for celebrities and athletes

3. Performance Requirements: Specific performance obligations and minimum appearance requirements, particularly for performers and athletes

4. Image Rights: Detailed provisions for management of publicity and image rights, important for public figures

5. International Representation: Terms for international management and cross-border activities, needed for talents with global presence

6. Personal Conduct: Morality clauses and behavior standards, particularly important for public figures or sponsored talents

7. Insurance Requirements: Specific insurance obligations, particularly relevant for athletes or performers

8. Team Coordination: Provisions for coordinating with other professional representatives (agents, publicists, etc.)

Suggested Schedules

1. Schedule A - Commission Structure: Detailed breakdown of commission percentages for different types of income

2. Schedule B - Approved Expenses: List of pre-approved expenses and reimbursement procedures

3. Schedule C - Excluded Services: Services specifically excluded from the management agreement

4. Schedule D - Existing Contracts: List of pre-existing contracts and commitments

5. Schedule E - Key Performance Indicators: Specific metrics for measuring management performance

6. Appendix 1 - Power of Attorney: Limited power of attorney for specific management activities

7. Appendix 2 - Contact Details: List of key contacts and representatives 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

Entertainment

Sports

Media

Music

Fashion

Literary Arts

Visual Arts

Performing Arts

Digital Content Creation

Professional Speaking

Modeling

Gaming and eSports

Relevant Teams

Legal

Business Affairs

Artist Relations

Talent Management

Rights Management

Contract Administration

Entertainment Law

Sports Management

Client Services

Professional Services

Relevant Roles

Talent Manager

Artist Manager

Sports Manager

Entertainment Lawyer

Legal Counsel

Contracts Manager

Business Affairs Manager

Rights Manager

Career Development Manager

Artist Relations Manager

Sports Agent

Literary Agent

Talent Agent

Professional Representative

Business Manager

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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