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Interim Management Agreement
"I need an Interim Management Agreement for engaging a temporary CFO to lead our company's IPO preparation process from March 2025 to December 2025, with specific focus on financial restructuring and stock exchange compliance requirements."
1. Parties: Identification of the contracting parties - the company and the interim manager (either as an individual or through their service company)
2. Background: Context of the appointment, including the reason for requiring interim management services
3. Definitions: Key terms used throughout the agreement, including 'Services', 'Term', 'Deliverables', and 'Key Personnel'
4. Appointment and Term: Scope of appointment, commencement date, duration, and any extension provisions
5. Services: Detailed description of the interim management services to be provided
6. Duties and Responsibilities: Specific duties, authority levels, and reporting requirements of the interim manager
7. Fees and Expenses: Payment terms, rate structure, expense policy, and invoicing requirements
8. Performance Standards: Expected standards of service, KPIs, and quality requirements
9. Relationship of Parties: Clarification that the relationship is one of independent contractor, not employment
10. Confidentiality: Protection of confidential information and trade secrets
11. Intellectual Property: Ownership and rights to intellectual property created during the engagement
12. Termination: Termination rights, notice periods, and consequences of termination
13. Handover: Requirements for handover of responsibilities at the end of the engagement
14. General Provisions: Standard boilerplate clauses including governing law, disputes, and notices
1. Non-Competition: Restrictions on competing activities, used when the interim manager will have access to sensitive competitive information
2. Insurance Requirements: Specific insurance obligations, included when the role involves significant risk or regulatory requirements
3. Performance Bonuses: Additional compensation based on achieving specific targets, used for longer-term or transformational assignments
4. Client Materials and Resources: Provisions regarding company resources provided to the interim manager, included when significant assets or resources are involved
5. Multiple Key Personnel: Used when the interim management service involves more than one key person from the service provider
6. Regulatory Compliance: Specific compliance obligations, included for regulated industries or roles
7. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in volatile business environments
8. Succession Planning: Requirements for assisting in recruiting and training a permanent replacement, used for longer-term engagements
1. Schedule 1 - Services Description: Detailed scope of services, deliverables, and specific responsibilities
2. Schedule 2 - Fee Schedule: Detailed breakdown of fees, payment terms, and expense categories
3. Schedule 3 - Key Personnel: Details of the interim manager and any supporting team members
4. Schedule 4 - Performance Metrics: Specific KPIs and performance measurement criteria
5. Schedule 5 - Company Policies: Key company policies that apply to the interim manager
6. Appendix A - Reporting Requirements: Templates and requirements for regular reporting
7. Appendix B - Handover Checklist: Required documents and processes for completion at handover
Authors
Applicable Laws
Business Day
Business Hours
Client Materials
Company
Company Group
Company Policies
Confidential Information
Deliverables
Effective Date
Fees
Force Majeure Event
Good Industry Practice
Intellectual Property Rights
Interim Manager
Key Personnel
Management Services
Material Breach
Notice
Objectives
Performance Standards
Personal Information
Project
Related Companies
Reports
Representatives
Services
Service Commencement Date
Service Provider
Specified Hours
Stakeholders
Term
Termination Date
Transition Period
Working Hours
Term
Services
Duties and Responsibilities
Authority Levels
Performance Standards
Fees and Payment
Expenses
Taxes
Relationship of Parties
Non-Employment
Resources and Support
Reporting Requirements
Key Personnel
Time Commitment
Confidentiality
Data Protection
Intellectual Property
Non-Competition
Non-Solicitation
Conflicts of Interest
Representations and Warranties
Insurance
Indemnification
Limitation of Liability
Force Majeure
Termination
Consequences of Termination
Handover
Assignment
Subcontracting
Notices
Amendment
Severability
Entire Agreement
Governing Law
Dispute Resolution
Third Party Rights
Compliance with Laws
Anti-Bribery
Health and Safety
Record Keeping
Audit Rights
Publicity
Business Continuity
Force Majeure
Financial Services
Manufacturing
Technology
Healthcare
Retail
Professional Services
Construction
Energy
Telecommunications
Education
Non-Profit
Public Sector
Mining and Resources
Agriculture
Transport and Logistics
Legal
Human Resources
Finance
Operations
Information Technology
Risk Management
Compliance
Executive Leadership
Project Management Office
Supply Chain
Digital Transformation
Change Management
Corporate Development
Strategy
Procurement
Interim CEO
Interim CFO
Interim COO
Interim CTO
Interim HR Director
Interim Project Director
Interim Operations Manager
Interim Finance Director
Interim Supply Chain Manager
Interim Digital Transformation Manager
Interim Change Manager
Interim Risk Manager
Interim Compliance Officer
Interim Department Head
Interim Division Manager
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