1. Parties: Identification of the vessel owner and the vessel management company, including their full legal names, registration details, and addresses
2. Background: Context of the agreement, including vessel details and the owner's desire to appoint the manager
3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and rules of interpretation
4. Appointment and Duration: Formal appointment of the manager, commencement date, and term of the agreement
5. Manager's Authority and Responsibilities: Detailed scope of management services, including technical, operational, and commercial management duties
6. Owner's Responsibilities: Obligations of the vessel owner, including provision of documentation and funding requirements
7. Crew Management: Responsibilities regarding crew recruitment, employment, and management
8. Technical Management: Vessel maintenance, repairs, dry-docking, and technical operations
9. Financial Management: Budget preparation, accounting, and financial reporting requirements
10. Management Fee and Expenses: Fee structure, payment terms, and allocation of costs
11. Compliance and Regulations: Obligations regarding maritime laws, regulations, and certification requirements
12. Insurance: Insurance requirements and responsibilities for both parties
13. Liability and Indemnity: Allocation of risks, limitations of liability, and indemnification provisions
14. Termination: Grounds for termination, notice requirements, and consequences of termination
15. Force Majeure: Events constituting force majeure and their consequences
16. Confidentiality: Protection of confidential information and trade secrets
17. Notices: Communication procedures and contact details
18. Governing Law and Dispute Resolution: Choice of UAE law and dispute resolution mechanisms
19. General Provisions: Standard boilerplate clauses including assignment, amendments, and entire agreement
