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Management Company Operating Agreement
"I need a Management Company Operating Agreement for a Singapore-based real estate management company with tHRee founding partners, where we want strong non-compete provisions and specific profit-sharing arrangements based on property portfolio performance."
1. Parties: Identification of all members/parties to the agreement
2. Background: Context and purpose of the management company
3. Definitions: Key terms used tHRoughout the agreement
4. Company Formation: Details of company structure and formation
5. Management Structure: Roles, responsibilities, and authority of management
6. Capital Contributions: Initial and ongoing capital requirements
7. Profit Distribution: Method and timing of profit allocation
8. Voting Rights: Decision-making processes and voting tHResholds
9. Transfer of Interests: Rules for transferring ownership interests
10. Termination: Conditions and process for termination
1. Non-Compete Provisions: Restrictions on competitive activities - include when protecting business interests from member competition
2. Intellectual Property Rights: IP ownership and protection - include when company develops or uses significant IP
3. International Operations: Cross-border business provisions - include when operating in multiple jurisdictions
1. Initial Members Schedule: List of founding members and their contributions
2. Business Plan: Initial business strategy and projections
3. Management Structure Chart: Organizational hierarchy and reporting lines
4. Fee Schedule: Management and service fees structure
5. Compliance Procedures: Regulatory compliance protocols
Authors
Board
Business
Business Day
Capital Contribution
Company
Confidential Information
Directors
Effective Date
Encumbrance
Financial Year
Governing Law
Initial Members
Interest
Management Fee
Management Services
Member
Operating Expenses
Parties
Percentage Interest
Permitted Transfer
Person
Profits and Losses
Related Corporation
Reserved Matters
SGD or S$
Share
Shareholder
Singapore
Subsidiary
Transfer
Transferee
Transferor
Voting Rights
Capital Contributions
Members and Membership
Management and Control
Board of Directors
Voting Rights
Meetings
Financial Matters
Distributions
Transfer Restrictions
Additional Members
Confidentiality
Non-Competition
Intellectual Property
Accounts and Records
Tax Matters
Indemnification
Insurance
Termination
Dissolution
Dispute Resolution
Notices
Assignment
Amendment
Governing Law
Severability
Entire Agreement
Force Majeure
Compliance
Data Protection
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