Document background
The Interim Management Agreement is essential when organizations require temporary leadership during transitions, crises, or strategic changes. This contract type is specifically designed to address the unique nature of temporary executive appointments, providing clear guidelines for authority, accountability, and succession planning. Used extensively across the United States, it encompasses crucial elements such as fiduciary responsibilities, performance metrics, and compliance with federal and state regulations. The agreement is particularly valuable during leadership vacancies, organizational restructuring, or when specialized expertise is needed for specific projects or turnaround situations.
