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Management Agreement Between Two Companies Template for Malaysia

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Key Requirements PROMPT example:

Management Agreement Between Two Companies

"I need a Management Agreement Between Two Companies for my IT services company to provide management services to a manufacturing firm in Malaysia, starting March 2025, with specific provisions for data protection and cybersecurity management."

Document background
The Management Agreement Between Two Companies is a crucial document used when one company seeks to engage another for professional management services in Malaysia. This agreement is particularly relevant in scenarios involving business expansions, operational optimization, or specialized management expertise requirements. It comprehensively addresses the scope of services, governance structure, performance metrics, and commercial terms while ensuring compliance with Malaysian legal requirements, including the Companies Act 2016, Employment Act 1955, and relevant tax regulations. The document is essential for establishing clear lines of authority, protecting both parties' interests, and ensuring efficient service delivery while maintaining regulatory compliance in the Malaysian business environment.
Suggested Sections

1. Parties: Identification of the management company and the client company, including registration numbers and registered addresses

2. Background: Context of the agreement, brief description of both companies, and purpose of the management arrangement

3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and rules of interpretation

4. Appointment and Scope: Formal appointment of the management company and detailed scope of management services to be provided

5. Term and Renewal: Duration of the agreement, commencement date, and renewal provisions

6. Management Company's Rights and Obligations: Detailed responsibilities, authority levels, and duties of the management company

7. Client Company's Obligations: Responsibilities and obligations of the client company, including cooperation and information provision

8. Fees and Payment Terms: Management fees, payment schedule, expenses, and invoicing procedures

9. Performance Standards: Required service levels, KPIs, and quality standards

10. Confidentiality: Protection and handling of confidential information from both parties

11. Liability and Indemnification: Limitations of liability and mutual indemnification provisions

12. Termination: Grounds for termination, notice periods, and consequences of termination

13. General Provisions: Standard clauses including notices, entire agreement, governing law, and dispute resolution

Optional Sections

1. Intellectual Property Rights: Required when management services involve creation or use of intellectual property

2. Non-Competition: Include when there are concerns about competitive activities during or after the agreement

3. Force Majeure: Important in situations where external events might affect service delivery

4. Insurance: Necessary when specific insurance coverage is required for the management services

5. Data Protection: Required when personal data processing is involved in management services

6. Anti-Corruption Compliance: Important for high-value contracts or government-related services

7. Assignment and Subcontracting: Include when either party might need to transfer rights or subcontract obligations

8. Staff and Employment: Necessary when management services involve staff transfers or shared employment responsibilities

Suggested Schedules

1. Schedule 1 - Scope of Services: Detailed breakdown of management services to be provided

2. Schedule 2 - Fee Structure: Detailed breakdown of fees, charges, and payment calculations

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

4. Schedule 4 - Performance Metrics: Detailed KPIs and performance measurement criteria

5. Schedule 5 - Reporting Requirements: Templates and schedules for required management reports

6. Schedule 6 - Service Levels: Detailed service level requirements and measurements

7. Appendix A - Power of Attorney: If required, formal authorization of management powers

8. Appendix B - Compliance Requirements: Specific regulatory or industry compliance requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions

























Clauses






























Relevant Industries

Professional Services

Manufacturing

Hospitality

Real Estate

Retail

Technology

Healthcare

Education

Construction

Financial Services

Logistics

Energy

Telecommunications

Relevant Teams

Legal

Operations

Finance

Human Resources

Compliance

Risk Management

Commercial

Business Development

Corporate Secretarial

Project Management

Administration

Relevant Roles

Chief Executive Officer

Managing Director

Chief Operations Officer

Legal Counsel

Contract Manager

Operations Manager

Finance Director

Human Resources Director

Project Manager

Compliance Officer

Business Development Manager

Risk Manager

Company Secretary

Commercial Director

General Manager

Industries








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

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