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Managing Agent Contract

Managing Agent Contract Template for Netherlands

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Key Requirements PROMPT example:

Managing Agent Contract

"I need a Managing Agent Contract under Dutch law for appointing an external company to manage our commercial real estate portfolio in Amsterdam, starting from March 2025, with specific provisions for performance monitoring and sub-agent appointment rights."

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Document background
The Managing Agent Contract is essential for businesses operating in the Netherlands that wish to delegate management authority to an external party or professional agent. This document, governed by Dutch law and particularly the provisions of the Burgerlijk Wetboek (Dutch Civil Code), establishes the framework for a professional agency relationship where the agent is empowered to manage specific business operations on behalf of the principal. It is commonly used in various sectors including real estate, asset management, and commercial operations where specialized management expertise is required. The contract addresses crucial elements such as scope of authority, compensation, liability, and compliance with Dutch regulatory requirements, while incorporating necessary protections for both parties. It's particularly important in scenarios requiring ongoing management services, professional representation, or specialized operational oversight.
Suggested Sections

1. Parties: Identification of the Principal and the Managing Agent, including full legal names, registration details, and addresses

2. Background: Context of the agreement, brief description of the Principal's business, and purpose of appointing the Managing Agent

3. Definitions: Definitions of key terms used throughout the agreement

4. Appointment and Scope: Formal appointment of the Managing Agent and detailed description of services to be provided

5. Duration and Term: Period of the agreement, including start date and any renewal provisions

6. Agent's Authority: Extent and limitations of the Agent's authority to act on behalf of the Principal

7. Duties and Responsibilities: Detailed obligations of the Managing Agent, including reporting requirements and performance standards

8. Principal's Obligations: Responsibilities of the Principal, including provision of information and support

9. Compensation: Fee structure, payment terms, and commission calculations if applicable

10. Compliance: Obligations to comply with relevant laws, regulations, and industry standards

11. Confidentiality: Protection of confidential information and trade secrets

12. Liability and Indemnification: Allocation of risks, limitations of liability, and indemnification provisions

13. Termination: Grounds for termination, notice requirements, and consequences of termination

14. Post-Termination Obligations: Obligations that survive termination, including handover of materials and final accounts

15. General Provisions: Standard clauses including notices, amendments, governing law, and dispute resolution

Optional Sections

1. Non-Compete and Non-Solicitation: Restrictions on competitive activities and client solicitation, used when the Agent will have access to sensitive client relationships or trade secrets

2. Intellectual Property Rights: Provisions regarding ownership and use of IP, needed when the Agent will be creating or using intellectual property

3. Insurance: Requirements for professional liability insurance and other coverage, important for high-risk or regulated industries

4. Data Protection: Specific provisions for handling personal data, required when the Agent will process personal information

5. Sub-Agents: Provisions regarding the appointment and management of sub-agents, needed when sub-delegation is permitted

6. Performance Targets: Specific KPIs and performance metrics, useful for performance-based compensation arrangements

7. Training and Support: Details of training and support provided by the Principal, important for complex service arrangements

8. Regulatory Compliance: Industry-specific regulatory requirements, necessary for regulated sectors

Suggested Schedules

1. Schedule 1 - Services Description: Detailed specification of services to be provided by the Managing Agent

2. Schedule 2 - Fee Schedule: Detailed breakdown of fees, commission structures, and payment calculations

3. Schedule 3 - Territory: Definition of geographical area or market segment where Agent is authorized to operate

4. Schedule 4 - Reporting Requirements: Templates and specifications for required reports and their frequency

5. Schedule 5 - Key Personnel: List of key personnel assigned to provide the services

6. Schedule 6 - Service Levels: Detailed service level agreements and performance metrics

7. Appendix A - Power of Attorney: Formal power of attorney document if required

8. Appendix B - Compliance Procedures: Detailed compliance procedures and requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions





































Clauses







































Relevant Industries

Real Estate

Financial Services

Insurance

Property Management

Asset Management

Investment Management

Shipping and Maritime

Manufacturing

Distribution and Logistics

Professional Services

Retail Management

Facilities Management

Relevant Teams

Legal

Operations

Commercial

Compliance

Risk Management

Business Development

Contract Administration

Property Management

Asset Management

Finance

Corporate Services

Relevant Roles

Managing Director

Commercial Director

Operations Manager

Legal Counsel

Compliance Officer

Business Development Manager

Contract Manager

Property Manager

Asset Manager

Agency Director

Risk Manager

Commercial Agent

Business Manager

Regional Manager

General Counsel

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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