Company Letterhead
{{company_name}}
{{company_address}}
Phone: {{phone}}
Email: {{email}}
Website: {{website}}
MANAGEMENT SERVICES AGREEMENT
This Management Services Agreement (the "Agreement") is made and entered into this {{day}} day of {{month}}, {{year}} (the "Effective Date"), by and between:
{{client_company_name}}, a company duly incorporated under the laws of {{country}}, with its registered office at {{client_company_address}} (hereinafter referred to as "Client");
AND
{{service_provider_company_name}}, a company duly incorporated under the laws of {{country}}, with its registered office at {{service_provider_company_address}} (hereinafter referred to as "Service Provider").
Client and Service Provider may be referred to individually as a “Party” and collectively as the “Parties”.
1. ENGAGEMENT OF SERVICES
1.1 Client hereby engages the Service Provider to provide management services (the “Services”) and the Service Provider hereby accepts such engagement, subject to the terms and conditions set forth in this Agreement.
1.2 The specific scope of Services to be provided by the Service Provider shall be detailed in Schedule A attached hereto and incorporated herein by reference. The Services may be updated or amended from time to time by mutual written agreement of the Parties.
2. TERM AND TERMINATION
2.1 This Agreement shall commence on the Effective Date and shall continue for an initial period of {{initial_term_duration}} (the “Initial Term”), unless sooner terminated in accordance with the provisions of this Agreement.
2.2 Following the Initial Term, this Agreement shall automatically renew for successive periods of {{renewal_term_duration}} unless either Party provides written notice of non-renewal to the other Party at least {{notice_period_days}} days prior to the end of the then-current term.
2.3 Either Party may terminate this Agreement immediately upon written notice if the other Party materially breaches any of its obligations hereunder and fails to cure such breach within {{cure_period_days}} days of receiving written notice thereof.
2.4 Client may terminate this Agreement for convenience by providing {{notice_period_days_for_convenience}} days’ written notice to the Service Provider. In such event, Client shall pay Service Provider for all Services rendered up to the date of termination.
3. FEES AND PAYMENT
3.1 Client shall pay the Service Provider a fee for the Services as detailed in Schedule B attached hereto (the “Fees”).
3.2 All invoices shall be submitted by the Service Provider to the Client on a {{billing_frequency}} basis and shall be payable within {{payment_due_days}} days of the invoice date.
3.3 All Fees are exclusive of any applicable taxes, duties, or levies, which shall be borne by the Client unless otherwise specified. Payment shall be made in {{currency}}.
4. CONFIDENTIALITY
4.1 Both Parties acknowledge that during the course of this Agreement, they may have access to confidential information relating to the other Party’s business. Such confidential information shall include, but not be limited to, business plans, financial information, customer lists, and proprietary technology.
4.2 Each Party agrees to keep all confidential information strictly confidential and not to disclose or use such information for any purpose other than as necessary to perform its obligations under this Agreement, without the prior written consent of the disclosing Party.
5. INDEPENDENT CONTRACTOR
5.1 The Service Provider shall perform the Services as an independent contractor. Nothing in this Agreement shall be construed as creating an employer-employee relationship, partnership, or joint venture between the Parties.
5.2 The Service Provider shall be solely responsible for all taxes, national insurance contributions, and other statutory payments arising from the performance of the Services.
6. LIMITATION OF LIABILITY
6.1 Neither Party shall be liable to the other for any indirect, incidental, consequential, special, or exemplary damages, including but not limited to, loss of profits, revenue, data, or goodwill, arising out of or in connection with this Agreement.
6.2 The total liability of the Service Provider to the Client for any and all claims arising out of or related to this Agreement shall not exceed the total Fees paid by the Client to the Service Provider during the {{liability_period}} month period immediately preceding the event giving rise to the claim.
7. GOVERNING LAW AND DISPUTE RESOLUTION
7.1 This Agreement shall be governed by and construed in accordance with the laws of {{country}}.
7.2 Any dispute, controversy, or claim arising out of or relating to this Agreement, or the breach, termination, or invalidity thereof, shall be resolved through amicable negotiations between the Parties.
7.3 If the Parties are unable to resolve the dispute through negotiations within {{negotiation_days}} days, the dispute shall be referred to arbitration in accordance with the rules of the {{arbitration_institution}} located in {{arbitration_city}}, {{country}}.
8. ENTIRE AGREEMENT
This Agreement, including its Schedules, constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior discussions, negotiations, and agreements, whether oral or written.
9. SIGNATURES
IN WITNESS WHEREOF, the Parties have executed this Management Services Agreement as of the Effective Date.
_____________________________
By: {{client_authorised_signatory_name}}
Title: {{client_authorised_signatory_title}}
For: {{client_company_name}}
_____________________________
By: {{service_provider_authorised_signatory_name}}
Title: {{service_provider_authorised_signatory_title}}
For: {{service_provider_company_name}}
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