Company Letterhead
{{company_name}}
{{company_address}}
Phone: {{phone}} | Email: {{email}} | Website: {{website}}
Management and Administrative Services Agreement
This Management and Administrative Services Agreement (the “Agreement”) is made and entered into as of {{effective_date}} (the “Effective Date”),
BETWEEN:
{{service_provider_company_name}}, a company duly incorporated and existing under the laws of {{service_provider_jurisdiction}}, with its principal place of business at {{service_provider_address}} (hereinafter referred to as the “Service Provider”);
AND
{{client_company_name}}, a company duly incorporated and existing under the laws of {{client_jurisdiction}}, with its principal place of business at {{client_address}} (hereinafter referred to as the “Client”).
Collectively referred to as the “Parties” and individually as a “Party”.
1. Background and Purpose
1.1 The Client requires management and administrative support services to facilitate its operations and achieve its business objectives.
1.2 The Service Provider possesses the necessary expertise, resources, and personnel to provide such services to the Client.
1.3 This Agreement sets forth the terms and conditions under which the Service Provider shall provide management and administrative services to the Client.
2. Scope of Services
2.1 The Service Provider agrees to provide the following management and administrative services to the Client (the “Services”):
a) Human Resources Management: Including but not limited to recruitment assistance, payroll processing support, maintenance of employee records, and HR policy guidance for {{number_of_employees}} employees.
b) Financial Administration: Including but not limited to basic bookkeeping, expense tracking, invoicing support, and preparation of financial reports for {{reporting_period_financial}}.
c) Operations Support: Including but not limited to general office administration, procurement assistance for office supplies, and coordination of IT support.
d) Strategic Planning Assistance: Providing input and support for the Client's annual strategic planning process.
e) Legal and Compliance Support: Assisting with general compliance tasks, such as maintaining corporate records and facilitating discussions with legal counsel as required.
2.2 The Parties may, from time to time, agree to amend or expand the scope of Services by mutual written agreement.
3. Service Fees and Payment
3.1 For the Services rendered by the Service Provider, the Client shall pay the Service Provider a monthly fee of {{monthly_fee_amount}} ({{monthly_fee_currency}}) on or before the {{payment_day}} day of each calendar month. All payments shall be made via {{payment_method}} to {{bank_account_details}}.
3.2 In addition to the monthly fee, the Service Provider may charge for reasonable out-of-pocket expenses incurred in the provision of the Services, provided such expenses are pre-approved by the Client in writing. Such expenses shall be reimbursed within {{reimbursement_days}} days of presentation of valid invoices.
3.3 All fees and expenses are exclusive of Value Added Tax (VAT) or any other applicable taxes, which shall be borne by the Client where legally required.
4. Term and Termination
4.1 This Agreement shall commence on the Effective Date and shall continue for an initial term of {{initial_term_months}} months, unless terminated earlier in accordance with the provisions of this Agreement.
4.2 Either Party may terminate this Agreement by providing {{notice_period_days}} days' prior written notice to the other Party.
4.3 Either Party may terminate this Agreement immediately upon written notice if the other Party commits a material breach of any term of this Agreement and fails to remedy such breach within {{cure_period_days}} days of receiving written notice thereof.
5. Confidentiality
5.1 Both Parties acknowledge that they may have access to confidential information of the other Party in the course of performing their obligations under this Agreement.
5.2 Each Party agrees to keep all such confidential information strictly confidential and not to disclose it to any third party without the prior written consent of the other Party, nor to use it for any purpose other than for the performance of this Agreement. This obligation shall survive the termination of this Agreement for a period of {{confidentiality_period_years}} years.
6. Independent Contractor Status
6.1 The Service Provider shall act as an independent contractor and not as an employee, agent, or partner of the Client. Nothing in this Agreement shall be construed as creating an employer-employee relationship, partnership, or joint venture between the Parties.
6.2 The Service Provider and its personnel shall not be entitled to any employee benefits from the Client.
7. Limitation of Liability
7.1 The Service Provider’s total aggregate liability arising out of or in connection with this Agreement, whether in contract, tort (including negligence), or otherwise, shall not exceed the total fees paid by the Client to the Service Provider in the {{liability_period_months}} months immediately preceding the event giving rise to the claim.
7.2 Notwithstanding anything to the contrary, neither Party shall be liable for any indirect, incidental, special, consequential, or punitive damages arising out of or in connection with this Agreement.
8. Governing Law and Dispute Resolution
8.1 This Agreement shall be governed by and construed in accordance with the laws of {{governing_jurisdiction}}.
8.2 Any dispute, controversy, or claim arising out of or in connection with this Agreement, including its existence, validity, interpretation, performance, breach, or termination, shall be referred to and finally resolved by arbitration in accordance with the rules of {{arbitration_institution}} in {{arbitration_city}}, {{arbitration_country}}.
8.3 The language of the arbitration shall be English.
9. Entire Agreement
This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings, negotiations, and discussions, whether oral or written, of the Parties.
Signature Block
IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective Date first written above.
------------------------------------
For: {{service_provider_company_name}}
Name: {{service_provider_signatory_name}}
Title: {{service_provider_signatory_title}}
Date: {{service_provider_signature_date}}
------------------------------------
For: {{client_company_name}}
Name: {{client_signatory_name}}
Title: {{client_signatory_title}}
Date: {{client_signature_date}}
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