Operating Management Agreement Template for South Africa

1. Intellectual Property: Required when the operation involves significant IP rights, branding, or proprietary systems

2. Environmental Compliance: Necessary for operations with environmental impact or regulated by environmental legislation

3. B-BBEE Compliance: Detailed section when specific B-BBEE commitments or requirements apply to the operation

4. Emergency Procedures: Required for operations where emergency situations could significantly impact business continuity

5. Capital Expenditure: Needed when operator has authority or involvement in capital improvement decisions

6. Marketing and Promotion: Relevant when operator has responsibility for marketing the business

7. Data Protection: Required when operation involves significant personal data processing

8. Competition Compliance: Necessary when operator manages multiple competing businesses

9. Force Majeure: Detailed provisions for handling unforeseen circumstances affecting operations

1. Property/Business Description: Detailed description of the assets, business, or property under management

2. Operating Standards and Procedures: Detailed operational procedures, standards, and requirements

3. Fee Structure: Detailed breakdown of management fees, incentives, and payment terms

4. Key Performance Indicators: Specific performance metrics and measurement criteria

5. Required Reports: List and templates of required operational and financial reports

6. Employee Information: Details of transferred employees, organizational structure, and key positions

7. Insurance Requirements: Specific insurance types, coverage levels, and requirements

8. Initial Budget: Approved operating budget for initial period

9. Handover Checklist: Detailed list of items and processes for operational handover

10. Delegated Authority Limits: Matrix of approval limits and decision-making authority