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Interim Management Agreement Template for Austria

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Key Requirements PROMPT example:

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."

Document background
The Interim Management Agreement is designed for situations where organizations require temporary executive leadership, whether for crisis management, transition periods, or specific project implementation. This document, governed by Austrian law, establishes a clear framework for engaging interim managers while ensuring compliance with local corporate, employment, and social security regulations. The agreement carefully balances the need for executive authority with the temporary nature of the relationship, incorporating specific provisions required under Austrian law. It addresses key aspects such as scope of authority, reporting structures, compensation, and termination rights, while maintaining the independent contractor status typical of interim management arrangements. This document is particularly relevant for companies undergoing restructuring, requiring temporary leadership during recruitment processes, or seeking specialized expertise for specific strategic initiatives.
Suggested Sections

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.

Optional Sections

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

Suggested Schedules

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

Alex Denne

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

Relevant legal definitions


































Clauses
































Relevant Industries

Manufacturing

Financial Services

Technology

Healthcare

Retail

Professional Services

Energy

Construction

Telecommunications

Automotive

Pharmaceuticals

Real Estate

Logistics

Consumer Goods

Media and Entertainment

Relevant Teams

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

Relevant Roles

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

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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