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Interim Management Contract
"I need an Interim Management Contract under Austrian law for a temporary CFO position in our manufacturing company, starting March 2025 for a 6-month period, with specific focus on restructuring our financial operations and preparing for potential IPO."
1. Parties: Identification of the contracting company and the interim manager, including full legal names, addresses, and registration details
2. Background: Context of the engagement, including the company's need for interim management services and the manager's qualifications
3. Definitions: Key terms used throughout the agreement, including 'Services', 'Deliverables', 'Confidential Information', etc.
4. Appointment and Scope: Terms of appointment, role description, and specific responsibilities of the interim manager
5. Duration and Time Commitment: Term of the engagement, including start date, expected end date, and time commitment expectations
6. Services and Deliverables: Detailed description of services to be provided and any specific deliverables or objectives
7. Remuneration and Expenses: Fee structure, payment terms, reimbursable expenses, and invoicing procedures
8. Independent Contractor Status: Clear statement of self-employed status and distinction from employment relationship
9. Authority and Limitations: Scope of management authority, signing powers, and specific limitations
10. Obligations of the Interim Manager: Professional standards, duty of care, compliance requirements, and reporting obligations
11. Company's Obligations: Support, information, and resources to be provided by the company
12. Confidentiality: Obligations regarding confidential information during and after the engagement
13. Data Protection: GDPR compliance and data handling requirements
14. Intellectual Property: Ownership and rights to work products created during the engagement
15. Liability and Indemnification: Extent of liability, professional indemnity requirements, and insurance obligations
16. Termination: Termination rights, notice periods, and consequences of termination
17. Post-Termination Obligations: Continuing obligations after the end of the engagement
18. General Provisions: Standard legal clauses including governing law, jurisdiction, entire agreement, etc.
1. Non-Competition: Restrictions on competing activities, used when the interim manager may have access to particularly sensitive competitive information
2. Performance Metrics: Specific KPIs and performance measurement criteria, included when the engagement is strongly results-oriented
3. Success Fee: Additional performance-based compensation structure, used when part of compensation is tied to specific achievements
4. Transition Provisions: Specific requirements for handover to permanent management, included when known at the start
5. Multiple Party Provisions: Additional terms when the interim manager is provided through a management company
6. Corporate Governance: Specific provisions for corporate governance requirements, included for regulated industries or listed companies
7. International Travel: Specific provisions for international travel and overseas work, included when role requires significant travel
1. Schedule 1 - Services Description: Detailed description of services, responsibilities, and deliverables
2. Schedule 2 - Fee Schedule: Detailed breakdown of fees, expenses, and payment terms
3. Schedule 3 - Key Performance Indicators: Specific performance metrics and measurement criteria
4. Schedule 4 - Company Policies: List of applicable company policies and procedures
5. Schedule 5 - Authorized Activities: Specific list of authorized activities and signing authorities
6. Appendix A - Required Insurance Coverage: Details of required insurance policies and coverage levels
7. Appendix B - Reporting Requirements: Specific reporting obligations and templates
8. Appendix C - Handover Documentation: Required documentation for eventual handover of responsibilities
Authors
Manufacturing
Financial Services
Technology
Healthcare
Retail
Professional Services
Energy
Construction
Telecommunications
Transportation and Logistics
Pharmaceuticals
Real Estate
Media and Entertainment
Automotive
Consumer Goods
Legal
Human Resources
Finance
Operations
Executive Management
Board Secretariat
Compliance
Risk Management
Corporate Governance
Procurement
Interim CEO
Interim CFO
Interim COO
Interim CTO
Interim HR Director
Interim Project Director
Interim Operations Manager
Interim Finance Director
Interim Managing Director
Interim Business Unit Head
Interim Transformation Director
Interim Risk Manager
Interim Restructuring Manager
Interim Division Head
Crisis Manager
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