Operating Management Agreement Template for United States

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Operating Management Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Operating Management Agreement

"I need an Operating Management Agreement for my boutique hotel in Miami, where ABC Management Corp will handle all operations and staff management starting March 2025, with performance incentives based on occupancy rates and guest satisfaction scores."

Document background
The Operating Management Agreement serves as a comprehensive framework for outsourcing operational management responsibilities while maintaining quality control and accountability. This document is essential when a business or property owner wishes to delegate day-to-day management to a professional management company while retaining ownership. It addresses key aspects such as service scope, performance standards, fee structures, and risk allocation, all while ensuring compliance with U.S. federal and state regulations. The agreement is particularly crucial for businesses seeking professional management expertise without transferring ownership rights.
Suggested Sections

1. Parties: Identification of the contracting parties and their legal status

2. Background: Context and purpose of the management agreement

3. Definitions: Key terms used throughout the agreement

4. Scope of Services: Detailed description of management services to be provided

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

6. Compensation: Fee structure and payment terms

7. Obligations and Responsibilities: Duties of both parties

8. Compliance with Laws: Requirements to comply with applicable federal, state and local laws

9. Governing Law: Specification of jurisdiction and applicable law

Optional Sections

1. Performance Metrics: Specific KPIs and performance standards for management services

2. Intellectual Property: IP ownership and usage rights in management operations

3. Force Majeure: Provisions for unforeseeable circumstances affecting performance

4. Data Protection and Privacy: Requirements for handling sensitive information and compliance with privacy laws

5. Environmental Compliance: Specific provisions related to environmental regulations and responsibilities

Suggested Schedules

1. Schedule A - Service Level Agreement: Detailed service specifications and performance standards

2. Schedule B - Fee Schedule: Detailed breakdown of fees and payment structure

3. Schedule C - Key Personnel: List of key management team members and their roles

4. Schedule D - Operating Procedures: Detailed operational guidelines and protocols

5. Schedule E - Insurance Requirements: Required insurance coverage and limits

6. Schedule F - Compliance Requirements: Detailed listing of applicable laws and regulations

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
Industries

Fair Labor Standards Act (FLSA): Federal law establishing standards for employment including minimum wage, overtime pay, recordkeeping, and child labor provisions

Americans with Disabilities Act (ADA): Federal civil rights law prohibiting discrimination against individuals with disabilities in all areas of public life

Equal Employment Opportunity Laws: Federal laws prohibiting workplace discrimination based on race, color, religion, sex, national origin, age, disability, or genetic information

Internal Revenue Code: Federal tax laws governing the financial and tax implications of management agreements and business operations

Occupational Safety and Health Act (OSHA): Federal law ensuring safe and healthful working conditions by setting and enforcing standards

State Labor Laws: State-specific regulations governing employment relationships, wages, benefits, and working conditions

State Business Corporation Acts: State laws governing the formation, operation, and dissolution of corporations and other business entities

State Contract Laws: State-specific regulations governing contract formation, enforcement, and remedies

Industry Licensing Requirements: Specific permits, licenses, and certifications required for operating in particular industries

Corporate Fiduciary Duties: Legal obligations of loyalty and care owed by management to the company and its stakeholders

Uniform Commercial Code: Standardized set of laws governing commercial transactions, including contracts and business dealings

Intellectual Property Laws: Federal and state laws protecting trademarks, copyrights, patents, and trade secrets

Privacy and Data Protection Laws: Regulations governing the collection, storage, and protection of sensitive business and personal information

Environmental Regulations: Federal and state laws governing environmental compliance and protection in business operations

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

Find the exact document you need

Rental Pool Management Agreement

A U.S.-governed agreement establishing terms for managing multiple properties in a collective rental pool arrangement.

find out more

Real Estate Asset Management Fee Agreement

A U.S.-governed agreement establishing terms and fees for professional real estate asset management services.

find out more

Multi Family Property Management Agreement

A U.S.-governed agreement between property owners and management companies for the professional administration of multi-family residential properties.

find out more

Standard Management Contract

A U.S.-compliant legal agreement defining the terms of employment for management positions, including duties, compensation, and conditions of service.

find out more

Management Rights Contract

A U.S.-governed agreement establishing terms for management authority, responsibilities, and compensation between a manager and asset owner.

find out more

Condo Management Agreement

A U.S.-compliant legal agreement between a condominium association and a management company defining property management services and responsibilities.

find out more

Aircraft Management Contract

A U.S.-governed agreement between aircraft owners and management companies defining operational control and services under FAA regulations.

find out more

Bar Manager Contract Of Employment

A U.S.-compliant employment contract defining the terms and conditions for a bar manager position, including duties, compensation, and regulatory compliance requirements.

find out more

Residential Construction Management Contract

A U.S.-governed agreement between property owners and construction managers for managing residential construction projects.

find out more

Sports Management Agreement

A U.S.-governed contract establishing the terms of representation between an athlete and their sports management representative or agency.

find out more

Booking Manager Contract

A U.S.-governed agreement defining the relationship between a booking manager and their employer/client, including responsibilities and compensation terms.

find out more

Property Manager Employment Contract

A U.S.-compliant employment agreement establishing terms and conditions for hiring a property manager, including duties, compensation, and regulatory compliance requirements.

find out more

Litigation Management Agreement

A U.S. legal agreement establishing terms for professional management of litigation processes and legal proceedings.

find out more

Resident Manager Contract

A U.S. legal agreement establishing employment terms for an on-site property manager, including duties, compensation, and housing arrangements.

find out more

Association Management Agreement

A U.S. legal agreement establishing terms between a property management company and an association for professional management services.

find out more

Management Company Agreement

A U.S.-governed contract establishing terms between a management company and client for the provision of professional management services.

find out more

Office Manager Employment Agreement

A U.S.-compliant employment agreement defining the terms and conditions for hiring an office manager.

find out more

Small Business Management Agreement

A U.S.-governed contract defining terms for professional management services provided to a small business.

find out more

Farm Manager Contract

A U.S.-compliant legal agreement establishing employment terms between a farm owner and professional farm manager.

find out more

Car Property Management Agreement

A U.S.-governed agreement establishing terms for professional management of vehicles by a property management company.

find out more

Owner Construction Manager Agreement

A U.S. legal agreement between a property owner and construction manager defining the terms of construction management services and project delivery.

find out more

Waste Management Agreement

A U.S.-governed agreement establishing terms for waste management services, including collection, transportation, and disposal in compliance with federal and state regulations.

find out more

Sub Management Agreement

A U.S.-governed agreement establishing terms for delegation of management responsibilities from a primary manager to a sub-manager.

find out more

Resident Manager Agreement

A U.S. legal agreement establishing employment terms for an on-site property manager who both lives and works at a residential property.

find out more

Online Business Manager Contract

A U.S.-governed contract defining the terms and conditions between an Online Business Manager and their client, establishing service scope and independent contractor status.

find out more

Tenant Placement Agreement

A U.S. legal agreement between property owners and managers defining terms for tenant sourcing and placement services.

find out more

Music Producer Manager Contract

A U.S.-governed agreement establishing terms between a music producer and their manager, including services, compensation, and rights.

find out more

Managing Director Agreement

A U.S.-governed contract establishing employment terms and conditions for a Managing Director position, including duties, compensation, and termination provisions.

find out more

Management Rights Agreement

A U.S.-governed agreement establishing management rights and authority between parties, typically used in investment and corporate contexts.

find out more

Management Confidentiality Agreement

A U.S.-governed agreement protecting company confidential information accessed by management-level employees.

find out more

Talent Management Agreement

A U.S.-governed agreement establishing the terms and conditions between a talent manager and their client, defining representation rights and obligations.

find out more

Self Storage Management Agreement

A U.S. contract establishing terms for professional management of self-storage facilities, including operational responsibilities and compensation.

find out more

Parking Management Agreement

A U.S.-governed agreement between property owners and parking management companies defining the terms of parking facility operations and maintenance.

find out more

Money Management Contract

A U.S.-governed agreement establishing terms and conditions for professional management of client investments, subject to federal and state securities laws.

find out more

Management Company Contract

A U.S.-governed agreement establishing terms for professional management services between a management company and client organization.

find out more

Exclusive Property Management Agreement

A U.S.-compliant contract establishing an exclusive relationship between a property owner and management company for comprehensive property administration services.

find out more

Restaurant Manager Contract

A U.S.-compliant employment agreement defining terms and conditions for hiring a restaurant manager.

find out more

Residential Leasing And Property Management Agreement

A U.S. legal agreement between property owners and management companies defining the terms and conditions for professional management of residential rental properties.

find out more

Hospital Management Agreement

A U.S.-compliant legal agreement establishing terms between a hospital owner and management company for hospital operations and administration.

find out more

Branch Manager Agreement

A U.S.-compliant legal agreement establishing employment terms and conditions for branch managers, including responsibilities, compensation, and performance requirements.

find out more

Management Takeover Agreement

A U.S. legal agreement governing the transfer of management responsibilities between entities, outlining terms and conditions for operational transition.

find out more

Management Employment Contract

A U.S.-compliant employment agreement defining terms and conditions for management-level positions.

find out more

Farm Management Agreement

A U.S.-governed contract establishing terms between farm owners and professional farm managers for agricultural property management.

find out more

Event Management Partnership Agreement

A U.S.-governed agreement establishing terms for collaboration between event management entities, covering operational and financial responsibilities.

find out more

Bar Management Agreement

A U.S.-governed contract establishing terms between bar owners and management companies for professional operation of bar establishments.

find out more

Acting Manager Contract

A U.S.-governed agreement establishing the terms between a talent manager and their client, including services, compensation, and obligations.

find out more

Third Party Management Agreement

A U.S.-governed agreement defining terms for management services provided by one organization to another.

find out more

Non Exclusive Management Agreement

A U.S.-governed agreement establishing a non-exclusive professional management relationship between a manager and client, outlining services, terms, and mutual obligations.

find out more

Management Operating Agreement

A U.S.-governed agreement establishing terms for professional management services of a business or property.

find out more

Fleet Management Contract

A U.S.-governed agreement establishing terms for professional fleet management services, compliance, and vehicle operations.

find out more

Collateral Management Agreement

A U.S.-governed agreement defining terms and conditions for managing collateral assets in financial transactions.

find out more

Vendor Management Agreement

A U.S.-governed agreement establishing terms for professional vendor management services and oversight.

find out more

Project Management Agreement

A U.S.-governed contract establishing terms for professional project management services between a Project Manager and Client.

find out more

Construction Project Management Contract

A U.S.-governed agreement defining the terms and conditions between a project owner and construction project manager, including scope, responsibilities, and compensation.

find out more

Short Term Rental Management Agreement

A U.S.-governed agreement between property owners and management companies for short-term rental property operation and management services.

find out more

Personal Management Agreement

A U.S.-governed contract establishing the terms and conditions between a talent manager and their client, including services, compensation, and obligations.

find out more

Energy Management Agreement

A U.S.-governed contract establishing terms for professional energy management services and efficiency improvements.

find out more

Managing Partner Contract

A U.S.-governed agreement defining the appointment, duties, and compensation terms for a partnership's managing partner.

find out more

Business Management Agreement

A U.S.-governed contract establishing terms for professional management services between two business entities.

find out more

Brand Management Agreement

A U.S.-governed contract establishing terms between a brand owner and brand manager, including service scope, rights, and compensation.

find out more

Restaurant Management Agreement

A U.S.-governed agreement establishing terms for professional management of restaurant operations.

find out more

Exclusive Management Agreement

A U.S.-governed contract establishing exclusive representation rights between a manager and client, defining services, compensation, and terms of engagement.

find out more

Discretionary Management Agreement

A U.S.-governed agreement authorizing an investment manager to make investment decisions on behalf of a client within specified parameters.

find out more

Website Management Contract

A U.S.-governed agreement defining the terms of website management services between a service provider and client.

find out more

Project Manager Contract Agreement

A U.S.-governed agreement defining the engagement terms between a Project Manager and an organization, including scope, compensation, and responsibilities.

find out more

Director Employment Agreement

A legally binding agreement under U.S. law that establishes employment terms and conditions for corporate directors.

find out more

Commercial Property Management Agreement

A U.S. legal agreement establishing terms between property owners and management companies for commercial property operations and maintenance.

find out more

Business Management Consulting Agreement

A U.S.-governed agreement establishing the terms and conditions between a management consultant and their client, including service scope, compensation, and confidentiality requirements.

find out more

Hotel Management Contract

A U.S.-governed agreement between hotel owners and management companies defining the terms of hotel operation and management services.

find out more

Account Management Agreement

A U.S.-governed agreement establishing terms for professional account management services between an account manager and client.

find out more

Waste Disposal Agreement

A U.S.-governed contract establishing terms for professional waste collection and disposal services, ensuring compliance with federal and state environmental regulations.

find out more

Interim Management Agreement

A U.S.-governed agreement establishing terms for temporary executive leadership services, including scope, responsibilities, and compensation.

find out more

Management Partnership Agreement

A U.S.-governed agreement establishing management terms and conditions between partners in a business partnership, subject to federal and state partnership laws.

find out more

Service Management Contract

A U.S.-governed agreement establishing terms and conditions for management service provision between service providers and client organizations.

find out more

Management Buyout Agreement

A U.S.-governed agreement documenting the purchase of a company by its existing management team from current owners.

find out more

General Manager Contract

A U.S.-compliant employment agreement establishing terms and conditions for a General Manager position.

find out more

Financial Management Agreement

A U.S.-governed agreement establishing the terms for professional investment management services between a financial manager and client.

find out more

Cash Management Agreement

A U.S.-governed agreement establishing terms for banking cash management services between a financial institution and corporate client.

find out more

Facilities Management Agreement

A U.S.-governed contract establishing terms for professional management and maintenance of facilities between a property owner and a service provider.

find out more

Management Agreement Contract

A U.S.-governed contract establishing terms for management services between service provider and client, including responsibilities, compensation, and performance requirements.

find out more

Stock Management Agreement

A U.S.-governed agreement establishing terms for professional management of corporate stock holdings and related securities administration.

find out more

Investment Management Contract

A U.S.-governed agreement establishing terms for professional investment management services, subject to federal and state securities laws.

find out more

Construction Management Agreement

A U.S. legal agreement defining the terms and conditions between a property owner and construction manager for project oversight and management services.

find out more

Risk Management Agreement

A U.S.-governed agreement establishing the framework for organizational risk management services and responsibilities.

find out more

Operating Management Agreement

A U.S.-governed contract establishing terms for operational management services between a management company and property/business owner.

find out more

Event Planner Contract Agreement

A U.S.-compliant legal agreement between an event planner and client defining services, terms, and conditions for event planning services.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.