Personal Management Agreement Template for Nigeria

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Key Requirements PROMPT example:

Personal Management Agreement

"I need a Personal Management Agreement for a Nigerian music artist who will be managed internationally, with a 3-year term starting January 2025 and including specific provisions for digital revenue streams and international touring."

Document background
The Personal Management Agreement is a crucial document in the Nigerian entertainment and talent management industry, designed to formalize the professional relationship between talents/artists and their managers. This agreement is essential when an individual seeks professional representation for their career development, whether in entertainment, sports, or public speaking. The document addresses key aspects such as scope of representation, exclusivity, commission structures, and territorial rights, while ensuring compliance with Nigerian legal requirements including the Labour Act, Contract Law, and relevant industry regulations. It's particularly important in protecting both parties' interests by clearly defining roles, responsibilities, and financial arrangements, while providing mechanisms for dispute resolution and contract termination.
Suggested Sections

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

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

3. Definitions: Key terms used throughout the agreement defined for clarity

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 granted to the Manager

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

8. Exclusivity: Terms regarding exclusive representation and any permitted exceptions

9. Compensation and Commission: Fee structure, commission rates, and payment terms

10. Accounting and Records: Requirements for financial record-keeping and reporting

11. Intellectual Property: Ownership and usage rights of Talent's intellectual property

12. Confidentiality: Protection of confidential information and trade secrets

13. Termination: Conditions and procedures for ending the agreement

14. Post-Termination Obligations: Continuing obligations after agreement ends

15. General Provisions: Standard legal clauses including notices, amendments, and governing law

Optional Sections

1. Power of Attorney: Grants specific legal powers to Manager, used when broader authority is needed

2. International Representation: Additional terms for international management services

3. Digital Rights Management: Specific provisions for managing online presence and digital content

4. Merchandising Rights: Terms for managing merchandise and licensing, relevant for commercial talent

5. Tour Management: Specific provisions for live performance management, relevant for performing artists

6. Insurance Requirements: Specific insurance obligations, relevant for high-risk or high-value talent

7. Moral Rights: Protection of Talent's moral rights, particularly relevant for creative artists

8. Dispute Resolution: Alternative dispute resolution procedures, recommended for high-value agreements

Suggested Schedules

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

2. Schedule B - Approved Expenses: List of pre-approved expenses the Manager can incur

3. Schedule C - Existing Commitments: List of Talent's pre-existing contracts and commitments

4. Schedule D - Designated Representatives: Named individuals authorized to act on behalf of Manager

5. Schedule E - Territories: Geographic regions covered by the management agreement

6. Appendix 1 - Reporting Template: Standard format for regular financial and activity reports

7. Appendix 2 - Code of Conduct: Professional behavior standards for both parties

8. Appendix 3 - Service Level Agreement: Specific performance metrics and service standards

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

Music

Film and Television

Sports

Literary Arts

Visual Arts

Performing Arts

Public Speaking

Media

Fashion

Digital Content Creation

Professional Services

Relevant Teams

Legal

Business Affairs

Artist Relations

Talent Management

Contract Administration

Compliance

Rights Management

Client Services

Entertainment Law

Relevant Roles

Talent Manager

Artist Manager

Sports Agent

Entertainment Lawyer

Business Affairs Manager

Contract Administrator

Legal Counsel

Compliance Officer

Artist Relations Manager

Talent Agent

Business Manager

Career Development Manager

Rights Manager

Client Services 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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