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Interim Management Agreement
"I need an Interim Management Agreement for hiring a temporary CFO for our Austrian technology startup for a 6-month period starting March 2025, with focus on preparing the company for Series B funding and implementing new financial controls."
1. Parties: Identification of the contracting company and the interim manager/management company
2. Background: Context of the appointment and brief description of the company's needs
3. Definitions: Key terms used throughout the agreement
4. Appointment and Term: Formal appointment, duration, and renewal provisions
5. Role and Responsibilities: Detailed description of the interim manager's position and duties
6. Time Commitment: Expected working hours and availability requirements
7. Fees and Expenses: Compensation structure, payment terms, and reimburseable expenses
8. Performance Standards: Expected quality of service and performance metrics
9. Reporting Requirements: Reporting structure and frequency of updates
10. Confidentiality: Protection of company information and trade secrets
11. Intellectual Property: Ownership of work products and innovations
12. Independence and Status: Clarification of independent contractor status
13. Liability and Indemnification: Scope of liability and mutual indemnification provisions
14. Insurance: Required insurance coverage
15. Termination: Grounds for termination and notice requirements
16. Post-Termination Obligations: Continuing obligations after agreement end
17. General Provisions: Standard legal clauses including governing law, notices, etc.
1. Corporate Authority: Required when interim manager will have significant corporate powers or signing authority
2. International Travel: Include when role requires significant international travel
3. Team and Resources: Include when interim manager will manage specific teams or require particular resources
4. Non-Competition: Add when protecting against competition is crucial, subject to Austrian law limitations
5. Succession Planning: Include when part of the role involves preparing for permanent replacement
6. Crisis Management: Add for appointments specifically related to crisis or turnaround management
7. Regulatory Compliance: Include for regulated industries or when specific certifications are required
8. Data Protection: Detailed GDPR compliance section when handling sensitive data
9. Share Options/Incentives: Include if performance-based equity incentives are part of compensation
1. Schedule 1: Services Description: Detailed scope of services and deliverables
2. Schedule 2: Fee Structure: Detailed breakdown of fees, rates, and payment terms
3. Schedule 3: Key Performance Indicators: Specific performance metrics and evaluation criteria
4. Schedule 4: Company Policies: Relevant internal policies and procedures
5. Schedule 5: Authorized Representatives: List of key contacts and their authority levels
6. Schedule 6: Required Insurance: Specific insurance requirements and coverage levels
7. Appendix A: Reporting Templates: Standard formats for required reports
8. Appendix B: Handover Protocol: Procedures for knowledge transfer and exit
9. Appendix C: Confidential Information: Specific definition of confidential information
Authors
Manufacturing
Financial Services
Technology
Healthcare
Retail
Professional Services
Energy
Construction
Telecommunications
Automotive
Pharmaceuticals
Real Estate
Logistics
Consumer Goods
Media and Entertainment
Executive Leadership
Finance
Operations
Human Resources
Information Technology
Legal
Compliance
Risk Management
Strategy
Project Management Office
Business Development
Corporate Communications
Quality Assurance
Production
Research and Development
Interim CEO
Interim CFO
Interim COO
Interim CTO
Interim HR Director
Interim Managing Director
Interim Project Director
Interim Operations Manager
Interim Finance Director
Interim Restructuring Manager
Interim Division Head
Interim Department Manager
Interim Business Unit Leader
Interim Change Manager
Interim Crisis Manager
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