Small Business Management Agreement Template for Netherlands

The Small Business Management Agreement is essential for Dutch small businesses seeking to establish professional management structures while ensuring compliance with local regulations. This document is particularly relevant when business owners want to delegate day-to-day management responsibilities to professional managers or management companies while maintaining appropriate oversight and control. The agreement, governed by Dutch law, typically includes comprehensive provisions covering management duties, decision-making authority, reporting requirements, and compensation structures. It's designed to align with Dutch corporate governance requirements, including relevant provisions of the Burgerlijk Wetboek and EU regulations. The document is crucial for businesses transitioning from owner-operated to professionally managed structures, or those seeking to formalize existing management arrangements.

1. Parties: Identification of the contracting parties - the business owner(s) and the management company/individual

2. Background: Context of the agreement, including brief description of the business and reason for engaging management services

3. Definitions: Key terms used throughout the agreement

4. Appointment and Scope: Formal appointment of the manager and detailed scope of management services

5. Term and Termination: Duration of the agreement and conditions for termination

6. Manager's Duties and Responsibilities: Detailed description of management responsibilities, authority limits, and performance standards

7. Business Owner's Obligations: Responsibilities and obligations of the business owner, including provision of information and resources

8. Decision-Making Authority: Clear delineation of decision-making powers and limitations

9. Compensation and Expenses: Management fees, payment terms, and reimbursable expenses

10. Reporting and Accountability: Requirements for financial and operational reporting

11. Confidentiality: Protection of confidential information and trade secrets

12. Data Protection: GDPR compliance and data handling requirements

13. Non-Competition and Non-Solicitation: Restrictions on competitive activities and solicitation of employees/clients

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

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