[{"data":1,"prerenderedAt":529},["ShallowReactive",2],{"document-exclusive-management-agreement-D12826":3},{"document":4,"label":21,"preview":11,"thumb":22,"thumb600":23,"description":5,"descriptionCustom":6,"apiDescription":5,"pages":8,"extension":10,"parents":24,"breadcrumb":28,"related":34,"customDescModule":172,"customdescription":6,"mdFm":173,"mdProseHtml":528},{"description":5,"descriptionCustom":6,"label":7,"pages":8,"size":9,"extension":10,"preview":11,"thumb":12,"svgFrame":13,"seoMetadata":14,"parents":16,"keywords":15},"EXCLUSIVE MANAGEMENT AGREEMENT This Exclusive Management Agreement (the \"Agreement\") is effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Company\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [SECOND PARTY NAME] (the \"Manager\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS the Company is in the business of operating a [SPECIFY] (the \"Business\"); WHEREAS the Manager has knowledge and expertise in the area of establishing, developing, operating and managing [SPECIFY BUSINESS TYPE], as well as in the area of the management of enterprises carrying on activities similar to those of the Company; WHEREAS the Company considers that the Manager's expertise will enable the Company to successfully and profitably operate its Business; WHEREAS the Manager has represented to the Company that it shall, during the term of this Management Agreement, be primarily responsible for the performance of the services to be provided hereunder; WHEREAS the Company wishes to engage the Manager to manage the Business on the terms and conditions set out below, and the Manager is prepared to enter into the present Management Agreement with the Company. NOW, THEREFORE, THE PARTIES AGREE AS FOLLOWS: ENGAGEMENT The Company hereby engages the Manager to provide expertise in the operation of the Business and such management services as may, from time to time, be requested by the Company. Such services shall be provided by the Manager and through such other agents and supervisors employed by the Manager as may be named by the Manager. The Manager shall exclusively perform the said services for the Company. TERMS AND RENEWAL The terms of the present Management Agreement shall run for [NUMBER] ([NUMBER]) months from the date of the opening for business of the Business, unless sooner terminated or subsequently continued in accordance with the terms and conditions of the present Management Agreement. The Company may, at its option, renew the present Management Agreement for an additional period of [NUMBER] ([NUMBER]) months, provided that at the end of the initial term: the Company has given the Manager written notice of such election to renew not less than [NUMBER] ([NUMBER]) months and not more than [NUMBER] ([NUMBER]) months prior to the expiry of the initial term; the Company has satisfied all monetary obligations owed by it to the Manager, and has timely met such obligations throughout the term of the present Management Agreement; the Company shall execute not less than [NUMBER] ([NUMBER]) months prior to renewal the Manager's then-current form of Management Agreement, which Agreement shall supersede in all respects the present Management Agreement, and the terms of which may differ from the terms of the present Management Agreement, including, without limitation, a revised Management Fee; and the Company shall execute a general release, in a form prescribed by the Manager, of any and all claims against the Manager and its subsidiaries and affiliates, if any, and in respect of their respective officers, directors, agents and employees. FEES AND PAYMENTS The Company shall pay to the Manager during the terms of this Management Agreement a fee for its management services in an amount equal to [PERCENTAGE %] percent ([PERCENTAGE %]) of the Gross Sales at the Business (the \"Management Fee\"), which Management Fee shall be payable monthly in arrears. The term \"Gross Sales\" as used herein shall include the aggregate of the total amount of all sales, receipts, receivables, sales of merchandise made or services rendered in, at, on, or from the Business, and sales wherever made of food, beverage and products stored on the Business's premises, including catering on and off the Business's premises, or any other business conducted from the Business, whether made by the Company or any assignee, successor or sub-lessee, and whether made on a cash basis, or by check, or on credit, paid or unpaid, collected or uncollected, including deposits not refunded to customers, and the amount of any orders received at or solicited from the Business although such orders may be filled elsewhere, in the same manner and with the same effect as if such sales or services have been made or performed on the Business premises. Each charge or sale upon credit shall be treated as a sale for the full price in the week during which such charge or sale shall be made, irrespective of the time when the Company shall receive payment, either full or partial, therefor. Any installation fee, continuing rental, or percentage sales or any other revenue received by the Franchisee from vending and other machines and public telephone permitted to be installed on the Business's premises under Paragraph 5.6 hereof shall form part of Gross Sales. The term \"Gross Sales\" as used herein shall not, however, include, or there shall be deducted therefrom, as the case may be the following amounts: the amount of all sales for which cash has been refunded, but only to the extent of such refund, provided that the amount of such sales shall have previously been included in Gross Sales; the amount of any gratuities to employees; the amount of any sales, retail, excise, or similar tax imposed by any federal, provincial, municipal or other governmental authority directly on sales or services and added to the price thereof, where such amounts have been collected from the customer at the point of sale by the Company acting as agent for such authority and actually in turn paid by the Company to such governmental authority; the amount of any promotional discounts approved by the Franchisor, including, without limitation, coupon redemptions and other sales of food pursuant to promotional programs which have been approved in writing by the Franchisor prior to implementation; meals served to employees of the Company and consumed on the Business's premises, provided an accurate list of such meals consumed is reported on the weekly report required by Paragraph 4.3 hereinabove. The Manager shall be reimbursed for all travelling and other expenses actually and properly incurred by it in connection with its duties hereunder. The Manager shall furnish statements and vouchers to the Company in respect of all such expenses for which reimbursement is claimed. All monthly payments required by this Article 3 must be paid by check drawn to the order of the Manager and received by the Manager at its address designated in sub-paragraph 9.1.1 hereof, by [HOUR] o'clock in the afternoon ([HOUR] a.m/p.m.) on the [DAY] immediately following the close of each monthly period, accompanied by a written report detailing the calculations of the Company's Gross Sales at the Business for each such monthly period. If any payment is overdue, the Company shall pay to the Manager, in addition to the overdue amount, interest on such amount from the date it was due until the date of payment, at the rate of [PERCENTAGE %] percent ([PERCENTAGE %]) per annum, and entitlement to such interest shall be in addition to any other remedies which the Manager may have. AUTHORITY, POWER, OBLIGATIONS AND RESPONSIBILITIES OF THE MANAGER The Manager shall have full power and authority to manage the Business on behalf of the Company during the terms of the present Management Agreement. For greater certainty, the Manager's authority, powers, duties and responsibilities hereunder towards the Company shall include: the recruitment, employment, and dismissal of all employees of the Company working in the Business;",null,"Exclusive Management Agreement","8",513,"doc","https://templates.business-in-a-box.com/imgs/1000px/exclusive-management-agreement-D12826.png","https://templates.business-in-a-box.com/imgs/250px/12826.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12826.xml",{"title":15,"description":6},"exclusive management agreement",[17,20],{"label":18,"url":19},"Legal Agreements","/templates/business-legal-agreements/",{"label":18,"url":19},"Exclusive Management Agreement Template","https://templates.business-in-a-box.com/imgs/400px/12826.png","https://templates.business-in-a-box.com/imgs/600px/12826.png",[25,17,20],{"label":26,"url":27},"Templates","/templates/",[29,30,31],{"label":26,"url":27},{"label":18,"url":19},{"label":32,"url":33},"Services & Consulting","/templates/services-and-consulting/",[35,39,43,47,51,55,59,63,67,71,75,79,83,98,114,126,139,158],{"label":36,"url":37,"thumb":38,"extension":10},"Exclusive Commission Agreement","/template/exclusive-commission-agreement-D12825","https://templates.business-in-a-box.com/imgs/250px/12825.png",{"label":40,"url":41,"thumb":42,"extension":10},"Exclusive Lease Agreement","/template/exclusive-lease-agreement-D12808","https://templates.business-in-a-box.com/imgs/250px/12808.png",{"label":44,"url":45,"thumb":46,"extension":10},"Exclusive Partnership Agreement","/template/exclusive-partnership-agreement-D12809","https://templates.business-in-a-box.com/imgs/250px/12809.png",{"label":48,"url":49,"thumb":50,"extension":10},"Exclusive Supply Agreement","/template/exclusive-supply-agreement-D13420","https://templates.business-in-a-box.com/imgs/250px/13420.png",{"label":52,"url":53,"thumb":54,"extension":10},"Exclusive Negotiation Agreement","/template/exclusive-negotiation-agreement-D12827","https://templates.business-in-a-box.com/imgs/250px/12827.png",{"label":56,"url":57,"thumb":58,"extension":10},"Exclusive Distribution Agreement","/template/exclusive-distribution-agreement-D1240","https://templates.business-in-a-box.com/imgs/250px/1240.png",{"label":60,"url":61,"thumb":62,"extension":10},"Exclusive Sales Agreement","/template/exclusive-sales-agreement-D12810","https://templates.business-in-a-box.com/imgs/250px/12810.png",{"label":64,"url":65,"thumb":66,"extension":10},"Exclusive Listing Agreement","/template/exclusive-listing-agreement-D13268","https://templates.business-in-a-box.com/imgs/250px/13268.png",{"label":68,"url":69,"thumb":70,"extension":10},"Exclusive Beat Agreement","/template/exclusive-beat-agreement-D13267","https://templates.business-in-a-box.com/imgs/250px/13267.png",{"label":72,"url":73,"thumb":74,"extension":10},"Non Exclusive Distribution Agreement","/template/non-exclusive-distribution-agreement-D12744","https://templates.business-in-a-box.com/imgs/250px/12744.png",{"label":76,"url":77,"thumb":78,"extension":10},"Non-Exclusive Teaming Agreement","/template/non-exclusive-teaming-agreement-D12836","https://templates.business-in-a-box.com/imgs/250px/12836.png",{"label":80,"url":81,"thumb":82,"extension":10},"Exclusive Contractor Agreement","/template/exclusive-contractor-agreement-D12807","https://templates.business-in-a-box.com/imgs/250px/12807.png",{"description":84,"descriptionCustom":6,"label":85,"pages":86,"size":87,"extension":10,"preview":88,"thumb":89,"svgFrame":90,"seoMetadata":91,"parents":92,"keywords":96,"url":97},"INDEPENDENT CONTRACTOR AGREEMENT This Independent Contractor Agreement (\"Agreement\") is made and effective [Date], BETWEEN: [INDEPENDENT CONTRACTOR NAME] (the \"Independent Contractor\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [YOUR COMPANY NAME] (the \"Company\"), a company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] RECITALS Independent Contractor is engaged in providing [Describe] business services, its Employer Tax I.D. Number is [Insert], and its Business License Number is [insert]. Independent Contractor has complied with all Federal, State, and local laws regarding business permits, sales permits, licenses, reporting requirements, tax withholding requirements, and other legal requirements of any kind that may be required to carry out said business and the Scope of Work which is to be performed as an Independent Contractor pursuant to this Agreement. Independent Contractor is or remains open to conducting similar tasks or activities for clients other than the Company and holds themselves out to the public to be a separate business entity. Company desires to engage and contract for the services of the Independent Contractor to perform certain tasks as set forth below. Independent Contractor desires to enter into this Agreement and perform as an independent contractor for the company and is willing to do so on the terms and conditions set forth below. NOW, THEREFORE, in consideration of the above recitals and the mutual promises and conditions contained in this Agreement, the Parties agree as follows: TERMS This Agreement shall be effective commencing [Date], and shall continue until terminated at the completion of the Scope of Work which shall occur no later than [Date] or by either party as otherwise provided herein. STATUS OF INDEPENDENT CONTRACTOR This Agreement does not constitute a hiring by either party. It is the parties intentions that Independent Contractor shall have an independent contractor status and not be an employee for any purposes, including, but not limited to, [laws]. Independent Contractor shall retain sole and absolute discretion in the manner and means of carrying out their activities and responsibilities under this Agreement. This Agreement shall not be considered or construed to be a partnership or joint venture, and the Company shall not be liable for any obligations incurred by Independent Contractor unless specifically authorized in writing. Independent Contractor shall not act as an agent of the Company, ostensibly or otherwise, nor bind the Company in any manner, unless specifically authorized to do so in writing. TASKS, DUTIES, AND SCOPE OF WORK Independent Contractor agrees to devote as much time, attention, and energy as necessary to complete or achieve the following: [Describe]. The above to be referred to in this Agreement as the \"Scope of Work\". It is expected that the Scope of Work will completed by [Date]. Independent Contractor shall additionally perform any and all tasks and duties associated with the Scope of Work set forth above, including but not limited to, work being performed already or related change orders. Independent Contractor shall not be entitled to engage in any activities which are not expressly set forth by this Agreement. The books and records related to the Scope of Work set forth in this Agreement shall be maintained by the Independent Contractor at the Independent Contractor's principal place of business and open to inspection by Company during regular working hours. Documents to which Company will be entitled to inspect include, but are not limited to, any and all contract documents, change orders/purchase orders and work authorized by Independent Contractor or Company on existing or potential projects related to this Agreement. Independent Contractor shall be responsible to the management and directors of Company, but Independent Contractor will not be required to follow or establish a regular or daily work schedule. Supply all necessary equipment, materials and supplies. Independent Contractor will not rely on the equipment or offices of Company for completion of tasks and duties set forth pursuant to this Agreement. Any advice given Independent Contractors regarding the scope of work shall be considered a suggestion only, not an instruction. Company retains the right to inspect, stop, or alter the work of Independent Contractor to assure its conformity with this Agreement. ASSURANCE OF SERVICES Independent Contractor will assure that the following individuals (the \"Key Employees\") will be available to perform, and will perform, the Services hereunder until they are completed (identify by title and name as applicable): [Name of Key Employee, Title] [Name of Key Employee, Title] The Key Employees may be changed only with the prior written approval of the Company, which approval shall not be unreasonably withheld. COMPENSATION Independent Contractor shall be entitled to compensation for performing those tasks and duties related to the Scope of Work as follows: [Describe] Such compensation shall become due and payable to Independent Contractor in the following time, place, and manner: [Describe] NOTICE CONCERNING WITHHOLDING OF TAXES Independent Contractor recognizes and understands that it will receive a [specify tax] statement and related tax statements, and will be required to file corporate and/or individual tax returns and to pay taxes in accordance with all provisions of applicable Federal and State law. Independent Contractor hereby promises and agrees to indemnify the Company for any damages or expenses, including attorney's fees, and legal expenses, incurred by the Company as a result of independent contractor's failure to make such required payments. AGREEMENT TO WAIVE RIGHTS TO BENEFITS Independent Contractor hereby waives and foregoes the right to receive any benefits given by Company to its regular employees, including, but not limited to, health benefits, vacation and sick leave benefits, profit sharing plans, etc. This waiver is applicable to all non-salary benefits which might otherwise be found to accrue to the Independent Contractor by virtue of their services to Company, and is effective for the entire duration of Independent Contractor's agreement with Company. This waiver is effective independently of Independent Contractor's employment status as adjudged for taxation purposes or for any other purpose. Neither this Agreement, nor any duties or obligations under this Agreement may be assigned by either party without the consent of the other. TERMINATION This Agreement may be terminated prior to the completion or achievement of the Scope of Work by either party giving [number] days written notice. Such termination shall not prejudice any other remedy to which the terminating party may be entitled, either by law, in equity, or under this Agreement. NON-DISCLOSURE OF TRADE SECRETS, CUSTOMER LISTS AND OTHER PROPRIETARY INFORMATION Independent Contractor agrees not to disclose or communicate, in any manner, either during or after Independent Contractor's agreement with Company, information about Company, its operations, clientele, or any other information, that relate to the business of Company including, but not limited to, the names of its customers, its marketing strategies, operations, or any other information of any kind which would be deemed confidential, a trade secret, a customer list, or other form of proprietary information of Company. Independent Contractor acknowledges that the above information is material and confidential and that it affects the profitability of Company. ","Independent Contractor Agreement","6",62,"https://templates.business-in-a-box.com/imgs/1000px/independent-contractor-agreement-D160.png","https://templates.business-in-a-box.com/imgs/250px/160.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#160.xml",{"title":6,"description":6},[93],{"label":94,"url":95},"Consultant & Contractors","consulting-contractor-business","independent contractor agreement","/template/independent-contractor-agreement-D160",{"description":99,"descriptionCustom":6,"label":100,"pages":101,"size":9,"extension":10,"preview":102,"thumb":103,"svgFrame":104,"seoMetadata":105,"parents":107,"keywords":106,"url":113},"NON-DISCLOSURE AGREEMENT (NDA) This Non-Disclosure Agreement (the \"Agreement\") is made and effective [DATE], BETWEEN: [YOUR COMPANY NAME] (the \"Disclosing Party\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] AND: [RECEIVING PARTY NAME] (the \"Receiving Party\"), an individual with his main address located at OR a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] WHEREAS, Receiving Party has been or will be engaged in the performance of work on [DESCRIBE]; and in connection therewith will be given access to certain confidential and proprietary information; and WHEREAS, Receiving Party and Disclosing Party wish to evidence by this Agreement the manner in which said confidential and proprietary material will be treated. NOW, THEREFORE, it is agreed as follows: NON-DISCLOSURE OF CONFIDENTIAL INFORMATION Both Parties understand and agree that each Party may have access to the confidential information of the other party. For the purposes of this Agreement, \"Confidential Information\" means proprietary and confidential information about the Disclosing Party's (or it's suppliers') business or activities. Such information includes all business, financial, technical, and other information marked or designated by such Party as \"confidential\" or \"proprietary.\" Confidential Information also includes information which, by the nature of the circumstances surrounding the disclosure, ought in good faith to be treated as confidential. For the purposes of this Agreement, Confidential Information does not include: Information that is currently in the public domain or that enters the public domain after the signing of this Agreement. Information a Party lawfully receives from a third Party without restriction on disclosure and without breach of a non-disclosure obligation. Information that the Receiving Party knew prior to receiving any Confidential Information from the Disclosing Party. Information that the Receiving Party independently develops without reliance on any Confidential Information from the Disclosing Party. Each Party agrees that it will not disclose to any third Party or use any Confidential Information disclosed to it by the other Party except when expressly permitted in writing by the other Party. Each Party also agrees that it will take all reasonable measures to maintain the confidentiality of all Confidential Information of the other Party in its possession or control. TERM The term of this Agreement is [number] of [years/months] from the date of execution by both Parties. TITLE The Receiving Party agrees that all Confidential Information furnished by the Disclosing Party shall remain the sole property of the Disclosing Party. DISCLAIMER","Non Disclosure Agreement Nda","3","https://templates.business-in-a-box.com/imgs/1000px/non-disclosure-agreement-nda-D12692.png","https://templates.business-in-a-box.com/imgs/250px/12692.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12692.xml",{"title":106,"description":6},"non disclosure agreement nda",[108,110],{"label":18,"url":109},"business-legal-agreements",{"label":111,"url":112},"Confidentiality Agreements","confidentiality-agreement","/template/non-disclosure-agreement-nda-D12692",{"description":115,"descriptionCustom":6,"label":116,"pages":86,"size":9,"extension":10,"preview":117,"thumb":118,"svgFrame":119,"seoMetadata":120,"parents":122,"keywords":121,"url":125},"SERVICE AGREEMENT This SERVICE AGREEMENT (\"Agreement\") is effective [DATE], BETWEEN: [COMPANY NAME] (the \"Contractor\"), a company organized and existing under the laws of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [COMPANY NAME] (the \"Customer\"), a company organized and existing under the laws of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] (The Contractor and the Customer shall be individually referred to as a \"Party\" and collectively referred to as the \"Parties\", as the context may require). WHEREAS A. Contractor has experience and expertise in [DESCRIBE EXPERIENCE AND SERVICE]. B. Customer desires to have Contractor provide services for them. C. Contractor desires to provide services to Customer on the terms and conditions set forth herein (the \"Services\"). NOW THEREFORE, in consideration of the above recitals, the representations, warranties, and agreements contained in this Agreement and for other good and valuable consideration, the receipt and adequacy of which are now acknowledged, the Parties agree as follows: SERVICES PROVIDED Beginning on upon agreement to this contract, [CONTRACTOR] will provide to [CUSTOMER] the following service (collectively, the /Services\"): Description of the project: [DESCRIBE THE SERVICE REQUIRED]. SCOPE OF WORK Contractor agrees to provide Services pursuant to the Scope of Work set forth in Exhibit A attached hereto (the \"Scope of Work\"). TERM Unless both parties mutually agree on an extension, this contract will automatically terminate on [SPECIFY]. PERFORMANCE The parties agree to do everything possible to ensure that the terms of this Agreement take effect. PAYMENT FOR SERVICES In exchange for the Services rendered, a payment of [SPECIFY] will be made to the Contractor upon completion of the scheduled Services described in this Contract. If an invoice is not paid on the due date, interest will be added to the current balance. These amounts shall be payable, and the Customer shall pay all overdue amounts at the lesser of [SPECIFY] per cent per annum or the maximum percentage permitted by applicable law. Or Customer will pay Contractor as follows: [SPECIFY]. DELIVERY OF SERVICES The Contractor will exercise due diligence in the provision of services. However, the Customer acknowledges that the indicated delivery times and other payment milestones listed in Scope of Work are estimates and do not constitute final delivery dates. SECURITY The Contractor must make reasonable security arrangement to protect Material from unauthorized access, collection, use, alteration or disposal. OWNERSHIP RIGHT The Customer shall hold the copyright for the agreed version of the Services as delivered, and the Customer's copyright notice may be displayed in the final version. All works, ideas, discoveries, inventions, patents, products or other information that may be protected by copyright (collectively, the \"Work Product\" developed in whole or in part by the Contractor in connection with the Services, shall be the exclusive property of the Customer. Upon request, the Contractor shall execute all documents necessary to confirm or perfect the exclusive ownership of the Customer's \"Work Product\". The Contractor retains exclusive rights to pre-existing materials used in the Customer's projects. The Customer shall not have the right to reuse, resell or otherwise transfer material belonging to the contractor or third parties. The Contractor reserves the right to use the finished public product as an example of a product. RETURN OF PROPERTY Upon the expiry or termination of this Agreement, the Contractor will return to the Customer any property, documentation, records or Confidential Information which is the property of the Customer. COMPENSATION For all services rendered by the Contractor under this Agreement, the Customer shall indemnify the Contractor. In the event that the Customer fails to make any of the payments mentioned, the Contractor shall have the right, but shall not be obliged, to exercise any of the following remedies: ","Service Agreement","https://templates.business-in-a-box.com/imgs/1000px/service-agreement-D12711.png","https://templates.business-in-a-box.com/imgs/250px/12711.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#12711.xml",{"title":121,"description":6},"service agreement",[123,124],{"label":18,"url":109},{"label":18,"url":109},"/template/service-agreement-D12711",{"description":127,"descriptionCustom":6,"label":128,"pages":101,"size":9,"extension":10,"preview":129,"thumb":130,"svgFrame":131,"seoMetadata":132,"parents":134,"keywords":137,"url":138},"[DATE] [CONTACT NAME] [ADDRESS] [ADDRESS 2] [CITY, STATE/PROVINCE] [ZIP/POSTAL CODE] SUBJECT: LETTER OF INTENT-ACQUISITION OF BUSINESS Dear [CONTACT NAME]: This letter (\"Letter of Intent\") sets forth the basic preliminary terms between the Buyer or his nominee and yourselves regarding the purchase of the [SPECIFY] business (the \"Business\") carried on by yourselves. Except as specifically set forth herein, this Letter of Intent shall not constitute an agreement between the parties and no agreement shall be deemed to exist until execution of a definitive purchase agreement. It is proposed that Buyer will acquire certain assets of the Business which Buyer believes to be necessary to the future of the Business, including the warehouse in [CITY/STATE] in which [COMPANY NAME] the Company has invested [AMOUNT] in cash and which has been financed by a mortgage loan of approximately [AMOUNT] granted by the [SPECIFY COMPANY] [CITY/STATE]. Buyer understands that the said warehouse has no other charges or liabilities affecting it other than the said mortgage loan. Buyer may either purchase the warehouse outright or enter into a lease-purchase or instalment transfer of ownership which is satisfactory to both parties. The gross purchase price for the said warehouse will be [AMOUNT]. Buyer may purchase or lease barrels and other equipment currently owned by the Company which are necessary to operate the Business, on a cash or instalment basis agreeable to both parties. The specific assets to be purchased and the amounts to be paid by Buyer in connection with this transaction remain to be negotiated by the parties. This Letter of Intent also evidences the intentions of the parties with respect to the following agreements: Buyer will enter into a [NUMBER]-year employment agreement with [COMPANY NAME], providing for the Company will be responsible for the purchase of [SPECIFY] for Buyer. The agreement will contain the customary terms and conditions found in employment agreements in similar transactions and will provide for the usual non-competition and non-solicitation covenants to be entered into by the Company in favour of Buyer. It is expressly understood that if the contemplated transaction is consummated, the aggregate amount of commission paid or payable to yourselves (net of reasonable expenses acceptable to Buyer) in respect of all purchases of [SPECIFY] made through you from the date of this Letter of Intent to the date of closing, with the exception of commissions earned on the [NUMBER] truckloads of [SPECIFY] to be delivered to Buyer during the week of [DATE] to [DATE], will be applied against remuneration payable to the Company in the first year of his employment agreement. If the contemplated transaction is not consummated, all such commissions paid or payable will be treated as commissions. Buyer will enter into a [NUMBER]-year employment agreement with [EMPLOYEE NAME], providing for the payment of a gross base salary of [ANNUAL SALARY] per year, to be paid weekly, subject to annual review. [EMPLOYEE NAME] will be President of the Business and the employment agreement will provide for health benefits, automobile, expenses and bonus arrangements","Letter of Intent_Acquisition of Business","https://templates.business-in-a-box.com/imgs/1000px/letter-of-intent_acquisition-of-business-D5197.png","https://templates.business-in-a-box.com/imgs/250px/5197.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#5197.xml",{"title":133,"description":6},"letter of intent_acquisition of business",[135,136],{"label":18,"url":109},{"label":18,"url":109},"letter intent_acquisition business","/template/letter-of-intent_acquisition-of-business-D5197",{"description":140,"descriptionCustom":6,"label":141,"pages":142,"size":143,"extension":10,"preview":144,"thumb":145,"svgFrame":146,"seoMetadata":147,"parents":148,"keywords":156,"url":157},"COMMISSION SALES AGREEMENT This Commission Sales Agreement (\"Agreement\") is made and effective this [Date], BETWEEN: [COMMISSION AGENT NAME] (the \"Agent\"), an individual with his main address at: [COMPLETE ADDRESS] AND: [PRINCIPAL NAME] (the \"Principal\"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] Whereas the Principal wishes to market the product(s) described in Schedule A (the \"Product(s)\"); whereas Agent is prepared to sell the Product(s) on behalf of the Principal in return for a commission; It is agreed as follows: SELLING RIGHTS The Principal grants the Agent an exclusive right to sell the Product(s) on behalf of the Principal within the territory described in Schedule B for a period of [PERIOD] commencing [DATE] (the \"Selling Rights\"). The Agent may not sell or attempt to sell the Product(s) outside of the territory described in Schedule B. The Agent shall use his best efforts to sell the Product(s) for the duration of the Selling Rights. At the request from time to time of the Principal, the Agent shall furnish the Principal with a reasonably detailed, written report on his efforts to sell the Product(s) in the period specified by the Principal. The Agent shall clearly identify himself as a duly authorized sales agent of the Principal in the course of his efforts to sell the Product(s) on behalf of the Principal and may not sell the Product(s) in his own name. PRODUCT PRICES The Principal shall fix the selling price(s) of the Product(s) and the Agent may only sell the Product(s) at the selling price(s) fixed by the Principal. ORDERS The Agent shall obtain written orders for the Product(s) from buyers, signed by or on behalf of the buyers, and remit the orders to the Principal. The Principal shall use its best efforts to fill orders duly remitted by the Agent in accordance with this agreement as expeditiously as possible. COMMISSION The Principal shall pay the Agent a commission of [NUMBER]% of the selling price, exclusive of any sales taxes, of each order or part of each order of Product(s) duly remitted by the Agent in accordance with this agreement which is paid for in full, inclusive of any sales taxes, and which is not subsequently returned for a refund. The Principal may accept the return of Product(s) for a refund or partial refund in its sole discretion. The Agent is not entitled to any compensation for services performed or expenses incurred in connection with this agreement other than as set out in this agreement. TRAINING At the request of the Agent, the Principal shall train the Agent in the proper use of the Product(s). ","Commission Sales Agreement","4",47,"https://templates.business-in-a-box.com/imgs/1000px/commission-sales-agreement-D532.png","https://templates.business-in-a-box.com/imgs/250px/532.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#532.xml",{"title":6,"description":6},[149,152,155],{"label":150,"url":151},"Human Resources","human-resources",{"label":153,"url":154},"Hire an Employee","hire-employee",{"label":18,"url":109},"commission sales agreement","/template/commission-sales-agreement-D532",{"description":159,"descriptionCustom":6,"label":160,"pages":161,"size":9,"extension":10,"preview":162,"thumb":163,"svgFrame":164,"seoMetadata":165,"parents":167,"keywords":166,"url":171},"EMPLOYMENT AGREEMENT - AT WILL EMPLOYEE This Employment Agreement for \"At Will\" Employee (the \"Agreement\") is made and effective this [DATE], BETWEEN: [EMPLOYEE NAME] (the \"Employee\"), an individual with his main address at: [COMPLETE ADDRESS] AND: [YOUR COMPANY NAME] (the \"Corporation\"), an entity organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [YOUR COMPLETE ADDRESS] RECITALS In consideration of the covenants and agreements herein contained and the moneys to be paid hereunder, the Corporation hereby employs the Employee and the Employee hereby agrees to perform services as an employee of the Corporation, on an \"at will\" basis, upon the following terms and conditions: APPOINTMENT The Employee is hereby employed by the Corporation to render such services and to perform such tasks as may be assigned by the Corporation. The Corporation may, in its sole discretion, increase or reduce the duties, or modify the title and job description, of the Employee from time to time, and any such increase, reduction or modification shall not be deemed a termination of this Agreement. ACCEPTANCE OF EMPLOYMENT Employee accepts employment with the Corporation upon the terms set forth above and agrees to devote all Employee's time, energy and ability to the interests of the Corporation, and to perform Employee's duties in an efficient, trustworthy and business-like manner. DEVOTION OF TIME TO EMPLOYMENT The Employee shall devote the Employee's best efforts and substantially all of the Employee's working time to performing the duties on behalf of the Corporation. The Employee shall provide services during the hours that are scheduled by the Corporation management. The Employee shall be prompt in reporting to work at the assigned time. NO CONFLICT OF INTEREST Employee shall not engage in any other business while employed by the Corporation. Employee shall not engage in any activity that conflicts with the Employees duties to the Corporation. Employee shall not provide any service or lend any aid or assistance to any party that competes with the services offered by the Corporation. Employee shall not provide any services to clients or prospective clients of the Corporation outside of the provision of services for the Corporation, whether such services are provided with or without compensation or remuneration. CORPORATION PROPERTY Employee acknowledges and agrees that while employed by the Corporation the Employee may be provided with use of computer equipment and other property of the Corporation. The use and possession of the such items shall be subject to any policies, requirements or restrictions established by the Corporation. Such items may only be used in performance of the Employee's duties for the corporation. On request of the Corporation, the Employee shall immediately deliver any such items to the Corporation. Upon termination of employment, Employee shall have the affirmative duty to return any such item to the Corporation whether a request is made or not. The obligation to return Corporation property shall extend and include any and all work product, client property, proprietary rights, intangible property, and all other property of the corporation regardless of the form or medium. COMPENSATION The Corporation shall pay the Employee such hourly compensation as determined by the Corporation. Payment shall be at the same time as the Corporations usual payroll to other employees. BONUS & BENEFITS Payment of any bonuses shall be at the complete discretion of the Corporation. No guarantee or representation that any bonuses will be paid has been made to the Employee. Standard benefits that are provided to other non-management employees shall be offered to the Employee, subject to the Corporation's policies and the terms and conditions of such benefits. WITHHOLDING All sums payable to Employee under this Agreement will be reduced by all federal, state, local, and other withholdings and similar taxes and payments required by applicable law. QUALIFICATIONS OF EMPLOYEE The employee shall satisfy all of the qualification that are established by the Corporation. TERM OF AGREEMENT There shall be no guaranteed term of employment. Employer acknowledges and agrees that Employee shall be an \"At Will\" Employee and that Employee's employment may be terminated at any time by the Corporation, with or without cause. FEES FROM EMPLOYEE'S WORK The Corporation shall have exclusive authority to determine the fees, or a procedure for establishing the fees, to be charged to clients by the Corporation for services that are provided by the Employee. All sums paid to the Employee or the Corporation in the way of fees, in cash or in kind, or otherwise for services of the Employee, shall, except as otherwise specifically agreed by the Corporation, be and remain the property of the Corporation and shall be included in the Corporation's name in such checking account or accounts as the Corporation may from time to time designate. CLIENTS AND CLIENT RECORDS The Corporation shall have the authority to determine who will be accepted as clients of the Corporation, and the Employee recognizes that such clients accepted are clients of the Corporation and not the Employee. All client records and files of any type concerning clients of the Corporation shall belong to and remain the property of the Corporation, notwithstanding the subsequent termination of the employment. POLICIES AND PROCEDURES The Corporation shall have the authority to establish from time to time the policies and procedures to be followed by the Employee in performing services for the Corporation. This may include, but is not necessarily limited to, employment policies, computer use policies, Internet access policies, email policies, and all other policies, procedures, directives, and mandates established by the Corporation, whether or not in written form or formally adopted. Employee shall abide by the provisions of any contract entered into by the Corporation under which the Employee provides services. Employee shall comply with the terms and conditions of any and all contracts entered by the Corporation. TERMINATION Employee acknowledges and agrees that Employee is an \"at will\" employee of the Corporation. As such, no term of employment is created hereby and employee may be terminated at any time in the sole discretion of the Corporation, whether there exists any cause for termination or not. CREATIONS AND INVENTIONS Employee acknowledges and agrees that any and all work product of the Employee that is conceived or created during the Employee's employment with the Corporation is the exclusive property of the Corporation. This shall include any and all copyrights, trade secrets, confidential information, patents, trademarks, trade dress, ideas, concepts, plans, business plans, business concepts, techniques, inventions, drawings, artwork, logos, graphics, web pages, databases, software, programs, CGI's, plug ins, applications, brochures, inventions, marketing plans and concepts, and all other ideas and work product of the Employee. The Employee acknowledges and agrees that all creations shall be \"works made for hire\" as defined in the [ACT OR CODE]. Notwithstanding the fact that this material may be considered to be a work made for hire, Employee agrees, during Employee's employment and thereafter, which covenant shall survive any termination of the employment relationship, to execute any and all documents requested by the Corporation to confirm the Corporation's ownership and control of all such material, including but not limited to assignments of copyright, confirmations of work for hire status, waivers of proprietary rights, copyright application, and any other documents requested by Corporation. RESTRICTIVE COVENANTS","Employment Agreement_At Will Employee","7","https://templates.business-in-a-box.com/imgs/1000px/employment-agreement_at-will-employee-D541.png","https://templates.business-in-a-box.com/imgs/250px/541.png","https://templates.business-in-a-box.com/svgs/docviewerWebApp1.html?v6#541.xml",{"title":166,"description":6},"employment agreement_at will employee",[168,169,170],{"label":150,"url":151},{"label":153,"url":154},{"label":18,"url":109},"/template/employment-agreement_at-will-employee-D541",false,{"seo":174,"reviewer":185,"legal_disclaimer":189,"quick_facts":190,"at_a_glance":192,"personas":196,"variants":221,"glossary":247,"clauses":284,"how_to_fill":335,"common_mistakes":376,"faqs":401,"industries":429,"comparisons":454,"diy_vs_lawyer":469,"jurisdictions":482,"related_template_ids_curated":503,"schema":515,"classification":516},{"meta_title":175,"meta_description":176,"primary_keyword":177,"secondary_keywords":178},"Exclusive Management Agreement Template (Free Word)","Free exclusive management agreement template for artists, athletes, and talent. Covers commission, scope, term, and termination. Used in 190+ countries. Free Word and PDF download.","exclusive management agreement template",[15,179,180,181,182,183,184],"artist management contract template","management contract template free","exclusive management contract","band management agreement template","entertainment management agreement template","management agreement template word",{"name":186,"credential":187,"reviewed_date":188},"Bruno Goulet","CEO, Business in a Box","2026-05-02",true,{"difficulty":191,"legal_review_recommended":189,"signature_required":189,"notarization_required":172},"advanced",{"what_it_is":193,"when_you_need_it":194,"whats_inside":195},"An Exclusive Management Agreement is a legally binding contract between a talent, artist, athlete, or business professional (the \"Client\") and a manager who is granted the sole and exclusive right to represent that Client in a defined field of activity. This free Word download covers commission rates, scope of authority, term and renewal, termination rights, and post-term obligations — all in a single editable document you can export as PDF and execute immediately.\n","Use it when a manager is taking on full-time representation of a client and both parties need a binding record of the exclusive relationship, financial terms, and boundaries of the manager's authority. It is appropriate for artists, musicians, actors, athletes, social media influencers, executives, and any professional who engages a single representative to manage their career or business interests.\n","Definitions of \"exclusive\" scope, commission rate and calculation basis, expense reimbursement, manager's authority to negotiate and contract on the client's behalf, term and automatic renewal, key-person and termination-for-cause provisions, post-term commission on \"pipeline\" deals, and governing law.\n",[197,201,205,209,213,217],{"title":198,"use_case":199,"icon_asset_id":200},"Musicians and recording artists","Formalizing a manager's exclusive authority to book, negotiate, and represent them","persona-artist",{"title":202,"use_case":203,"icon_asset_id":204},"Talent managers and agencies","Documenting commission entitlements and scope of authority across a client roster","persona-talent-manager",{"title":206,"use_case":207,"icon_asset_id":208},"Professional athletes","Engaging a single agent to negotiate sponsorships, appearance fees, and contracts","persona-athlete",{"title":210,"use_case":211,"icon_asset_id":212},"Social media influencers and content creators","Granting exclusive representation rights for brand deals and licensing","persona-content-creator",{"title":214,"use_case":215,"icon_asset_id":216},"Actors and performing artists","Appointing a manager to pursue film, television, and live performance opportunities","persona-performer",{"title":218,"use_case":219,"icon_asset_id":220},"Business executives and speakers","Retaining a manager to book keynotes, media appearances, and consulting engagements","persona-executive",[222,226,229,233,237,241,244],{"situation":223,"recommended_template":224,"slug":225},"Managing an individual musician or recording artist","Artist Management Agreement","artist-agent-agreement-D857",{"situation":227,"recommended_template":228,"slug":225},"Representing a professional athlete for endorsements and contracts","Sports Agent Agreement",{"situation":230,"recommended_template":231,"slug":232},"Non-exclusive representation where the client retains multiple managers","Non-Exclusive Management Agreement","exclusive-management-agreement-D12826",{"situation":234,"recommended_template":235,"slug":236},"Engaging a business manager to handle financial affairs only","Business Management Agreement","business-management-D12895",{"situation":238,"recommended_template":239,"slug":240},"Short-term or project-specific management for a single event or release","Talent Representation Agreement","talent-agreement-D14072",{"situation":242,"recommended_template":243,"slug":232},"Managing a band or musical group as an entity rather than an individual","Band Management Agreement",{"situation":245,"recommended_template":246,"slug":225},"Delegating booking authority to a booking agent rather than a career manager","Booking Agent Agreement",[248,251,254,257,260,263,266,269,272,275,278,281],{"term":249,"definition":250},"Exclusive Representation","A contractual arrangement in which the client grants one manager the sole right to act on their behalf within a defined field, preventing engagement of any other manager for the same scope.",{"term":252,"definition":253},"Commission","The percentage of gross or net earnings the manager receives as compensation for securing opportunities and managing the client's career.",{"term":255,"definition":256},"Gross Earnings","Total income earned by the client from engagements or contracts before deducting expenses, taxes, or third-party fees.",{"term":258,"definition":259},"Net Earnings","Client income after deducting specified expenses — such as touring costs, production fees, or agent commissions — as defined in the agreement.",{"term":261,"definition":262},"Term","The fixed duration of the management relationship, typically expressed in years, after which the contract expires or automatically renews unless either party gives notice.",{"term":264,"definition":265},"Key-Person Clause","A provision allowing the client to terminate if a specific named individual at the management company is no longer personally handling the account.",{"term":267,"definition":268},"Post-Term Commission (Sunset Clause)","A declining or fixed commission the manager earns on deals negotiated during the term that continue to generate income after the agreement ends.",{"term":270,"definition":271},"Power of Attorney","An optional grant allowing the manager to sign certain agreements on the client's behalf, typically limited to routine booking or licensing contracts within a defined dollar threshold.",{"term":273,"definition":274},"Termination for Cause","The right to end the agreement immediately due to a material breach — such as fraud, theft, or failure to account — without paying any further commission or notice period.",{"term":276,"definition":277},"Field of Activity","The specific industry, medium, or type of engagement covered by the exclusive — e.g., recorded music, live performance, film and television, or brand endorsements.",{"term":279,"definition":280},"Accounting Period","The interval — typically monthly or quarterly — at which the manager must provide a financial statement of earnings collected and commissions deducted.",{"term":282,"definition":283},"Right of Approval","A clause reserving the client's personal consent for certain categories of contract, appearance, or creative decision, regardless of the manager's general authority.",[285,290,295,300,305,310,315,320,325,330],{"name":286,"plain_english":287,"sample_language":288,"common_mistake":289},"Parties, recitals, and field of activity","Identifies the manager and client as legal parties, states the nature of the representation, and defines the specific field or industry in which the manager's authority is exclusive.","This Exclusive Management Agreement is entered into as of [DATE] between [MANAGER NAME / ENTITY], ('Manager') and [CLIENT LEGAL NAME], ('Client'). Manager is engaged as the sole and exclusive manager of Client's career in the field of [FIELD OF ACTIVITY, e.g., recorded music, live performance, and related entertainment].","Defining the field of activity so broadly (e.g., 'all entertainment and media') that it conflicts with existing agency or label agreements the client already has, creating immediate breach of prior contracts.",{"name":291,"plain_english":292,"sample_language":293,"common_mistake":294},"Scope of manager's authority","Specifies what the manager is and is not authorized to do on the client's behalf — negotiating deals, approving contracts, making public statements — and whether any limited power of attorney is granted.","Manager is authorized to negotiate, solicit, and procure engagements, agreements, and contracts within the Field of Activity on Client's behalf. Manager shall not execute any agreement committing Client to fees in excess of $[AMOUNT] without Client's prior written approval.","Granting a blanket power of attorney without a dollar or category cap. This allows the manager to sign binding contracts of unlimited value without the client's knowledge or consent.",{"name":296,"plain_english":297,"sample_language":298,"common_mistake":299},"Term and renewal","Sets the initial duration of the agreement and states whether it renews automatically, the notice period required to prevent renewal, and any performance benchmarks that can trigger early termination.","The initial term of this Agreement shall be [NUMBER] year(s) commencing on [START DATE]. This Agreement shall automatically renew for successive [ONE-YEAR] periods unless either party provides written notice of non-renewal at least [60] days prior to the end of the then-current term.","Setting auto-renewal with only 30 days' notice when the client is likely traveling or on tour. A client who misses the window is locked into another full year with no performance accountability.",{"name":301,"plain_english":302,"sample_language":303,"common_mistake":304},"Commission rate and calculation basis","States the percentage commission the manager earns, whether it is calculated on gross or net earnings, which income categories it applies to, and how and when it is paid.","Manager shall be entitled to a commission of [15–20]% of Client's gross earnings derived from engagements, agreements, and contracts procured or negotiated by Manager within the Field of Activity during the term.","Failing to define 'gross earnings' in the agreement. Without a definition, disputes arise over whether tour-support costs, production expenses, or agent fees are deducted before or after commission is applied.",{"name":306,"plain_english":307,"sample_language":308,"common_mistake":309},"Expense reimbursement","Covers which expenses the manager can incur on the client's behalf (travel, promotional materials, legal costs), whether prior approval is required, and how reimbursement is documented.","Manager may incur reasonable expenses in connection with Client's career, provided that any single expense exceeding $[AMOUNT] shall require Client's prior written approval. Manager shall provide itemized expense reports within [30] days of incurring such expenses.","No expense cap or approval threshold. Managers have recouped six-figure sums in undisclosed expenses against client earnings when the contract contained no limit or approval requirement.",{"name":311,"plain_english":312,"sample_language":313,"common_mistake":314},"Exclusivity and conflict of interest","Confirms the manager's exclusive status, requires disclosure of any other clients in the same field who may create a conflict, and sets boundaries on the manager representing competing talent.","Manager agrees that Client's representation within the Field of Activity is exclusive. Manager shall promptly disclose to Client any representation of other artists or clients whose interests may directly conflict with Client's interests and shall obtain Client's written consent before accepting such representation.","Omitting the conflict-of-interest disclosure requirement entirely. A manager representing two competing artists in the same genre without disclosure has a direct financial incentive to favor one — and the client has no contractual recourse.",{"name":316,"plain_english":317,"sample_language":318,"common_mistake":319},"Accounting, statements, and audit rights","Requires the manager to maintain accurate financial records of all earnings collected and commissions deducted, issue periodic statements, and allow the client to audit those records.","Manager shall provide Client with a written accounting statement within [30] days after the end of each calendar quarter, itemizing all gross earnings received, commissions deducted, and expenses reimbursed. Client shall have the right to audit Manager's books and records upon [10] business days' written notice, at Client's expense, no more than once per calendar year.","No audit right clause. Without it, clients have discovered years of undisclosed earnings after their manager collected fees directly from venues or labels and failed to pass them through.",{"name":321,"plain_english":322,"sample_language":323,"common_mistake":324},"Termination for cause and termination for convenience","Defines what constitutes cause for immediate termination (fraud, theft, breach, incapacity), establishes a cure period for non-material breaches, and states the notice requirement and consequences for termination without cause.","Either party may terminate this Agreement for Cause immediately upon written notice if the other party commits fraud, theft, or a material breach that remains uncured for [30] days after written notice. Either party may terminate without Cause upon [90] days' written notice to the other party.","No cure period for non-material breaches. Courts frequently find that immediate termination for a curable administrative failure — a late accounting statement, for example — is itself a breach by the terminating party.",{"name":326,"plain_english":327,"sample_language":328,"common_mistake":329},"Post-term commission (sunset clause)","Governs the manager's right to receive commission after the agreement ends on contracts negotiated or substantially performed during the term, typically structured as a declining percentage over 1–3 years.","Following expiration or termination of this Agreement, Manager shall be entitled to receive [10]% of gross earnings derived from any agreement executed during the term or within [6] months following termination that was directly procured by Manager, for a period not to exceed [2] years from the date of termination.","Failing to define 'procured' for the purposes of the post-term commission. Managers have successfully claimed commission on deals the client negotiated independently after termination by arguing they 'introduced' the counterparty during the term.",{"name":331,"plain_english":332,"sample_language":333,"common_mistake":334},"Governing law, dispute resolution, and entire agreement","States the jurisdiction whose law governs, selects arbitration or litigation for disputes, and confirms this contract supersedes all prior representations and side agreements between the parties.","This Agreement shall be governed by the laws of [STATE / PROVINCE / COUNTRY]. Any dispute shall be resolved by binding arbitration administered by [AAA / JAMS / relevant body] in [CITY]. This Agreement constitutes the entire agreement between the parties and supersedes all prior oral or written understandings.","Choosing a governing law with no connection to where either party operates. California, New York, and Tennessee each have industry-specific entertainment statutes that override foreign governing-law clauses for in-state activity.",[336,341,346,351,356,361,366,371],{"step":337,"title":338,"description":339,"tip":340},1,"Identify both parties with full legal names","Enter the manager's registered entity name (LLC, corporation, or sole trader) and the client's legal name exactly as it appears on government-issued ID or business registration. If the client performs under a stage name, add 'professionally known as [STAGE NAME]' in parentheses.","Using a personal name for the manager instead of their LLC exposes the manager's personal assets if the client sues over a disputed commission.",{"step":342,"title":343,"description":344,"tip":345},2,"Define the field of activity precisely","List the specific industries, media, or engagement types covered by the exclusive — recorded music, live performance, brand endorsements, film and television, speaking engagements. Exclude categories where the client has existing representation.","A narrowly defined field of activity reduces conflicts with existing agency, label, or publishing agreements and avoids claims of tortious interference.",{"step":347,"title":348,"description":349,"tip":350},3,"Set the commission rate and calculation basis","State the percentage (industry standard is 15–20% for entertainment managers), whether it applies to gross or net earnings, and which income categories it covers. Define 'gross earnings' and 'net earnings' explicitly in the definitions section.","Gross-based commissions are simpler to administer but can produce inequitable outcomes when a touring client has high production costs — consider a net basis with a defined, limited deduction list.",{"step":352,"title":353,"description":354,"tip":355},4,"Establish the term and renewal mechanics","Set the initial term (typically 1–3 years for new relationships), the auto-renewal period (usually 1 year), and the written notice deadline required to prevent renewal. Consider including a performance benchmark — minimum earnings or number of signed deals — that triggers the client's early exit right.","A 90-day non-renewal notice window gives both parties enough lead time to plan transitions without disrupting active deal negotiations.",{"step":357,"title":358,"description":359,"tip":360},5,"Set the expense approval threshold","Enter a per-item or per-month dollar amount above which the manager must obtain prior written approval before incurring expenses on the client's behalf. Include a quarterly reconciliation requirement.","A $500 per-item threshold works for most individual artists; raise it to $2,500–$5,000 for established acts with active touring schedules.",{"step":362,"title":363,"description":364,"tip":365},6,"Draft the post-term sunset clause","Specify the post-term commission percentage, the definition of 'procured' contracts, and the sunset period. A declining structure — full commission in Year 1, half in Year 2, none after — is generally considered fair and is more likely to be upheld if disputed.","Require the manager to provide a written 'pipeline list' of all active deal negotiations within 30 days of termination so the scope of post-term commission is documented and agreed at exit.",{"step":367,"title":368,"description":369,"tip":370},7,"Include audit rights and accounting period","State that the manager must deliver quarterly accounting statements and that the client has the right to audit financial records once per year with 10 business days' notice.","Specify that audit costs are borne by the client unless the audit reveals a discrepancy exceeding 5% of commission — the standard that shifts costs to the manager.",{"step":372,"title":373,"description":374,"tip":375},8,"Sign before any work or introductions begin","Both parties must sign before the manager makes any introductions, negotiates any deal, or incurs any expense on the client's behalf. Post-commencement signatures create consideration problems and leave the commission basis disputed.","Use a countersignature process — client signs first, manager countersigns — so the commencement date is the manager's signature date, not the client's.",[377,381,385,389,393,397],{"mistake":378,"why_it_matters":379,"fix":380},"No definition of 'gross earnings'","Without a defined calculation basis, managers and clients apply the commission to different numbers — the full contract value versus the amount actually received after deductions — producing persistent disputes on every payment cycle.","Add a definitions clause stating exactly what is included in 'gross earnings' (all cash and non-cash consideration received) and what, if anything, is excluded before commission is calculated.",{"mistake":382,"why_it_matters":383,"fix":384},"Blanket power of attorney with no dollar cap","A manager with unlimited signing authority can bind the client to multi-year contracts, merchandise licenses, or sync deals without the client's review or consent — creating obligations that are difficult to unwind.","Limit any power of attorney to routine booking contracts below a fixed dollar threshold (e.g., $5,000 per engagement) and require written client approval for all other agreements.",{"mistake":386,"why_it_matters":387,"fix":388},"Missing post-term commission definition of 'procured'","Ambiguous language allows former managers to claim commission on deals the client sourced independently after termination, simply because the client met the counterparty during the manager's tenure.","Define 'procured' as deals where the manager made the first substantive introduction and was the proximate cause of the agreement, documented by written correspondence dated during the term.",{"mistake":390,"why_it_matters":391,"fix":392},"No key-person clause","If the specific individual who attracted the client leaves the management company, the client is still bound to an exclusive agreement with an organization that may assign them to a junior staffer.","Add a key-person clause naming the individual manager whose personal involvement is material, with a right for the client to terminate on 30 days' notice if that person ceases to be primarily responsible for the account.",{"mistake":394,"why_it_matters":395,"fix":396},"Auto-renewal with a 30-day notice window","Artists and athletes on tour or in production routinely miss 30-day windows. Missing the deadline locks them into another full contractual term with no performance accountability mechanism.","Set the non-renewal notice deadline at 60–90 days before term expiry and include a calendar reminder obligation on the manager to notify the client 120 days before renewal.",{"mistake":398,"why_it_matters":399,"fix":400},"Governing law chosen without regard to entertainment industry statutes","California, New York, and Tennessee impose licensing requirements, commission caps, and fiduciary duties on managers that apply regardless of what governing law the contract selects, exposing unlicensed managers to penalties and voiding commission obligations.","Consult a lawyer familiar with the client's and manager's state of operation before selecting governing law. In California, for example, the Talent Agencies Act can void commission obligations if the manager procures employment without a talent agency license.",[402,405,408,411,414,417,420,423,426],{"question":403,"answer":404},"What is an exclusive management agreement?","An exclusive management agreement is a binding contract in which a client — typically an artist, athlete, or professional — grants a single manager the sole right to represent them within a defined field of activity. It sets out the manager's authority, commission rate, term, and post-term obligations. The exclusivity means the client cannot engage any other manager for the covered activities during the term, giving the manager a clear basis to invest time and resources in developing the client's career.\n",{"question":406,"answer":407},"What commission rate is standard in an exclusive management agreement?","Industry standard in entertainment management is 15–20% of gross earnings. Music managers typically charge 15–20%, while sports agents in the US are often regulated at 3–5% for player contracts though up to 20% for marketing and endorsement deals. The commission basis — gross versus net — materially affects the actual dollar amount, so the calculation should be defined precisely in the contract rather than relying on industry shorthand.\n",{"question":409,"answer":410},"What is a sunset clause in a management agreement?","A sunset clause, also called a post-term commission provision, entitles the manager to receive commission for a defined period after the agreement ends on deals that were negotiated or procured during the term. A typical structure is full commission for 12 months, declining to half for a further 12 months, then zero. The clause exists because managers invest substantial time building relationships that generate income only after the agreement terminates — but it can be abused if \"procured\" is not clearly defined.\n",{"question":412,"answer":413},"What is the difference between an exclusive management agreement and a talent agency agreement?","A talent agent procures employment — booking specific engagements, auditions, and gigs — and is licensed to do so under state law in California, New York, and several other jurisdictions. A personal manager advises on career strategy, coordinates the client's team, and typically does not procure employment directly. In practice, the line blurs. In California, a manager who regularly procures employment without a talent agency license risks having commission obligations voided entirely under the Talent Agencies Act.\n",{"question":415,"answer":416},"Can a management agreement be terminated early?","Yes, most management agreements allow termination for cause — fraud, theft, or material breach uncured after a notice period — immediately, without further obligation. Termination without cause typically requires 60–90 days' written notice, after which post-term commission obligations on pipeline deals may still apply. Some agreements include performance benchmarks that give the client a unilateral exit right if the manager fails to secure a minimum level of earnings within a defined period.\n",{"question":418,"answer":419},"Does an exclusive management agreement need to be in writing?","In most jurisdictions, verbal management agreements are technically enforceable, but written contracts are essential in practice. Oral agreements leave commission rates, scope, and termination rights entirely open to dispute. Several US states — including California — require written talent representation agreements to be enforceable. Given the financial stakes involved, a signed written agreement executed before the relationship begins is the minimum prudent standard.\n",{"question":421,"answer":422},"What does 'exclusive' actually mean in this agreement?","Exclusive means the client agrees not to engage any other person or entity as manager for the defined field of activity during the term. The client cannot sign a competing management agreement, and the manager has the contractual right to be the sole point of contact for career opportunities in that field. The exclusivity should be bounded by field of activity — a music manager's exclusivity should not inadvertently prevent the client from hiring a separate literary agent or sports endorsement specialist.\n",{"question":424,"answer":425},"Is a power of attorney clause necessary in a management agreement?","A power of attorney is not required, but managers often request one to sign routine contracts — standard booking agreements, venue deals, and appearance releases — on the client's behalf when the client is traveling or unavailable. If included, it should be narrowly drafted with a dollar cap and a list of permitted contract types, and should exclude any agreement that creates a financial obligation beyond a defined threshold.\n",{"question":427,"answer":428},"What happens to ongoing deals if the management agreement is terminated?","Termination ends the manager's authority to negotiate new deals, but existing contracts remain in force according to their own terms. The post-term sunset clause governs whether and how much commission the manager continues to earn on those agreements. The parties should exchange a written pipeline list at termination documenting all active negotiations so there is no ambiguity over which deals are subject to post-term commission.\n",[430,434,438,442,446,450],{"industry":431,"icon_asset_id":432,"specifics":433},"Music and recording","industry-music","Commission structures must distinguish between touring income, recording advances, sync licensing, and merchandise — each may carry a different effective rate depending on gross versus net calculation basis.",{"industry":435,"icon_asset_id":436,"specifics":437},"Film and television","industry-entertainment","Talent managers in film and TV must navigate talent agency licensing laws in California and New York, residuals reporting obligations, and guild-mandated commission caps on SAG-AFTRA covered work.",{"industry":439,"icon_asset_id":440,"specifics":441},"Professional sports","industry-sports","Player contract commissions are capped by league collective bargaining agreements (e.g., 3% in the NFL, 4% in the NBA), making endorsement and appearance income the primary high-commission revenue stream.",{"industry":443,"icon_asset_id":444,"specifics":445},"Digital media and influencer","industry-digital-media","Brand deal and sponsored content agreements are the core managed asset; commission clauses must address cash fees, gifted product valuation, equity stakes in brand partnerships, and exclusivity windows that overlap with the management term.",{"industry":447,"icon_asset_id":448,"specifics":449},"Speaking and thought leadership","industry-professional-services","Speaking fee commissions (typically 15–25%) apply to keynote, workshop, and media appearance bookings; the manager's exclusive scope should carve out the client's own inbound inquiries and existing corporate relationships.",{"industry":451,"icon_asset_id":452,"specifics":453},"Sports and entertainment technology","industry-saas","Technology founders and executives engaging speakers' bureaus or PR-adjacent managers use management agreements that blend traditional talent commission structures with business development retainers, requiring careful scope drafting to avoid conflicts with investor obligations.",[455,458,462,465],{"vs":231,"vs_template_id":456,"summary":457},"D{NON_EXCLUSIVE_MANAGEMENT_ID}","A non-exclusive management agreement allows the client to engage multiple managers simultaneously across the same or overlapping fields of activity. It is appropriate for emerging talent testing the market or clients with activity in clearly segmented fields that different managers handle independently. An exclusive agreement is standard once a manager is making a full-time investment in the client's career and requires protection against being undercut by a competing manager.",{"vs":459,"vs_template_id":460,"summary":461},"Talent Agency Agreement","D{TALENT_AGENCY_AGREEMENT_ID}","A talent agency agreement is issued by a licensed talent agent to procure specific employment engagements — auditions, bookings, gigs. A management agreement covers broader career strategy, team coordination, and long-term development. In California and New York, only licensed talent agents may legally procure employment; management agreements that stray into procurement expose the manager to license violations and potential commission forfeiture.",{"vs":85,"vs_template_id":463,"summary":464},"independent-contractor-agreement-D160","An independent contractor agreement engages a service provider for defined deliverables at a fixed or hourly rate. A management agreement compensates the manager by commission on earnings rather than a flat fee and creates an ongoing fiduciary-adjacent relationship rather than a project-based one. Using an independent contractor agreement for a management relationship leaves commission entitlements, exclusivity, and post-term obligations undefined.",{"vs":466,"vs_template_id":467,"summary":468},"Agency Agreement","D{AGENCY_AGREEMENT_ID}","A general agency agreement authorizes an agent to act on a principal's behalf in commercial transactions — often sales, distribution, or procurement. A management agreement is narrowly tailored to career and talent representation, with industry-specific commission structures, exclusivity provisions, and post-term sunset clauses not found in standard commercial agency agreements. The two documents serve different legal and commercial functions and should not be used interchangeably.",{"use_template":470,"template_plus_review":474,"custom_drafted":478},{"best_for":471,"cost":472,"time":473},"Emerging artists, early-stage creators, or managers formalizing a new relationship before significant earnings begin","Free","30–60 minutes",{"best_for":475,"cost":476,"time":477},"Clients with existing label, agency, or publishing agreements that the management scope must not conflict with","$500–$1,500","3–7 days",{"best_for":479,"cost":480,"time":481},"Established talent with significant existing income, complex multi-territory activity, or managers requiring industry-specific licensing compliance","$2,000–$8,000+","2–4 weeks",[483,488,493,498],{"code":484,"name":485,"flag_asset_id":486,"note":487},"us","United States","flag-us","California's Talent Agencies Act requires a license to procure employment for artists; unlicensed managers who cross into procurement risk having all commission obligations voided by the Labor Commissioner. New York has similar but less strictly enforced licensing requirements. Tennessee's Personal Manager Act imposes disclosure obligations on managers representing recording artists. Commission rates for athletes are capped by league CBAs regardless of what the agreement states.",{"code":489,"name":490,"flag_asset_id":491,"note":492},"ca","Canada","flag-ca","Canada has no federal equivalent to California's Talent Agencies Act, but Quebec's Act Respecting Labour Standards may classify certain management arrangements as employment relationships subject to statutory protections. Common-law fiduciary duties apply to managers who exercise significant control over a client's financial affairs. Commission disputes are resolved in provincial courts, with Ontario and British Columbia being the most active jurisdictions for entertainment industry litigation.",{"code":494,"name":495,"flag_asset_id":496,"note":497},"uk","United Kingdom","flag-uk","The UK does not impose a licensing requirement on personal managers, but the Consumer Rights Act 2015 and Unfair Contract Terms Act 1977 may render overly broad exclusivity or disproportionate commission provisions unenforceable. Music managers operating under the Music Managers Forum Code of Practice are held to additional conduct standards. Post-Brexit, UK managers operating in EU territories must consider whether separate EU-jurisdiction agreements are required for touring and licensing activity.",{"code":499,"name":500,"flag_asset_id":501,"note":502},"eu","European Union","flag-eu","EU member states vary significantly in their regulation of talent representation. France requires agents (agents artistiques) to hold a license issued by the DIRECCTE and imposes a 10% commission cap on certain performing artist engagements. Germany's Künstlersozialversicherungsgesetz (KSV) may impose social insurance contributions on fees paid to managers acting as intermediaries. GDPR applies to all client personal data processed by the manager, requiring a data processing addendum if personal data is shared with third-party promoters, labels, or brands.",[463,504,505,506,507,508,509,510,511,512,513,514],"non-disclosure-agreement-nda-D12692","service-agreement-D12711","letter-of-intent_acquisition-of-business-D5197","commission-sales-agreement-D532","employment-agreement_at-will-employee-D541","joint-venture-agreement-D889","general-power-of-attorney-D1037","confidentiality-agreement-D950","consulting-agreement---long-D12543","technology-licensing-agreement-D13434","revenue-sharing-agreement-D13477",{"emit_how_to":189,"emit_defined_term":189},{"primary_folder":109,"secondary_folder":517,"document_type":518,"industry":519,"business_stage":520,"tags":521,"confidence":527},"services-and-consulting","agreement","general","all-stages",[522,523,524,525,526],"commission","contract","exclusive-management-agreement","talent-management","representation",0.92,"\u003Ch2>What is an Exclusive Management Agreement?\u003C/h2>\n\u003Cp>An \u003Cstrong>Exclusive Management Agreement\u003C/strong> is a legally binding contract in which a client — typically an artist, musician, athlete, influencer, or professional — grants a single manager the sole and exclusive right to represent them within a defined field of activity for a specified term. Unlike a general service contract, it creates an ongoing, commission-based relationship with fiduciary-adjacent obligations: the manager acts in the client's interest, has authority to negotiate on their behalf, and is compensated only when the client earns. The exclusivity clause is the document's defining feature — it prevents the client from engaging any other manager for covered activities and gives the manager a clear contractual basis to invest time, relationships, and resources in the client's career without the risk of being displaced by a competing representative.\u003C/p>\n\u003Ch2>Why You Need This Document\u003C/h2>\n\u003Cp>Without a signed exclusive management agreement, neither party has enforceable clarity on the most consequential questions in the relationship: what percentage commission the manager earns, whether it applies to gross or net income, how long the relationship lasts, and what happens to ongoing deals after it ends. Managers who begin work on a handshake routinely find their commission disputed when a client's earnings increase. Clients who engage managers without a written agreement have no contractual basis to terminate, no audit rights over earnings collected, and no protection against a manager claiming post-term commission on deals the client negotiated independently. A properly drafted agreement executed before the first introduction is made resolves all of these risks — and this template gives you the structure to do it in under an hour.\u003C/p>\n",1781185948826]