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Personal Management Agreement
"I need a Personal Management Agreement for representing a German electronic music artist internationally, with specific provisions for digital streaming revenue and social media management, starting March 1, 2025."
1. Parties: Identification of the Manager and the Client/Talent with full legal names and addresses
2. Background: Context of the agreement, including the Client's profession and the Manager's expertise
3. Definitions: Key terms used throughout the agreement, including 'Services', 'Territory', 'Gross Earnings', etc.
4. Appointment and Term: Formal appointment of the Manager and duration of the agreement, including renewal terms
5. Manager's Services and Obligations: Detailed description of services to be provided by the Manager, including career guidance, negotiation, and promotion
6. Client's Obligations: Client's commitments and responsibilities, including cooperation and information sharing
7. Compensation and Commission: Manager's fees, commission structure, payment terms, and calculation methods
8. Accounting and Payments: Procedures for financial reporting, payment timing, and audit rights
9. Representations and Warranties: Standard assurances from both parties regarding capacity and authority
10. Termination: Circumstances and procedures for ending the agreement, including notice periods
11. Post-Termination: Rights and obligations that survive after agreement termination
12. Confidentiality: Protection of confidential information and trade secrets
13. Notices: Communication procedures and contact details for official notices
14. General Provisions: Standard legal clauses including governing law, jurisdiction, and entire agreement
1. Power of Attorney: Specific authorization for Manager to act on Client's behalf - used when Manager needs legal authority to sign contracts
2. Exclusivity: Terms making the management relationship exclusive - used for high-profile clients or full-service management
3. International Services: Provisions for management services outside Germany - included when Client works internationally
4. Key Person Provisions: Identifying specific manager(s) who must provide the services - used when Client requires service from particular individuals
5. Image Rights: Management of Client's image and publicity rights - important for entertainment industry clients
6. Social Media Management: Terms regarding management of Client's social media presence - relevant for public figures
7. Non-Compete: Restrictions on Manager's ability to represent competing clients - used in specialized industries
8. Force Majeure: Provisions for unforeseeable circumstances - particularly relevant post-COVID
1. Schedule A - Services: Detailed list of management services to be provided
2. Schedule B - Commission Structure: Detailed breakdown of commission rates for different types of earnings
3. Schedule C - Approved Expenses: List of pre-approved expenses that Manager can incur on Client's behalf
4. Schedule D - Existing Commitments: List of Client's pre-existing contracts and commitments
5. Appendix 1 - Power of Attorney Form: Standard form for executing power of attorney if required
6. Appendix 2 - Reporting Template: Standard format for regular financial and activity reporting
Authors
Entertainment
Sports
Media
Music
Film and Television
Theatre
Digital Content Creation
Professional Speaking
Literary Arts
Visual Arts
Fashion
Professional Services
Consulting
Legal
Human Resources
Talent Management
Artist Relations
Business Affairs
Compliance
Contract Administration
Business Development
Client Services
Artist Manager
Talent Manager
Sports Agent
Literary Agent
Business Manager
Career Advisor
Entertainment Lawyer
Professional Agent
Business Development Manager
Contract Manager
Legal Counsel
Compliance Officer
HR Manager
Talent Agent
Artist Relations Manager
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