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Sub Management Agreement for the United Kingdom

Sub Management Agreement Template for England and Wales

A Sub Management Agreement is a legal contract governed by the laws of England and Wales that establishes the terms and conditions under which a primary management entity delegates certain management responsibilities to another party (the sub-manager). This agreement outlines the scope of delegated services, performance expectations, fee arrangements, reporting requirements, and regulatory obligations. It is particularly important in regulated industries where oversight and compliance requirements must be carefully maintained throughout the delegation chain.

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Sub Management Agreement

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What is a Sub Management Agreement?

The Sub Management Agreement is essential when businesses need to delegate management responsibilities while maintaining oversight and control. This document, governed by English and Welsh law, establishes the framework for such delegation, defining the relationship between the primary manager and sub-manager. It includes crucial elements such as service scope, performance standards, fee structures, reporting requirements, and regulatory compliance obligations. The agreement is particularly vital in regulated industries where clear documentation of responsibilities and compliance requirements is mandatory. Sub Management Agreements are commonly used in financial services, real estate management, and other sectors where complex management structures require formal delegation arrangements.

What sections should be included in a Sub Management Agreement?

1. Parties: Identification and details of the contracting parties

2. Background: Context and purpose of the agreement

3. Definitions: Key terms used throughout the agreement

4. Appointment and Scope: Terms of appointment and scope of services

5. Duties and Responsibilities: Detailed obligations of each party

6. Fees and Payment Terms: Compensation structure and payment details

7. Term and Termination: Duration and termination provisions

8. Confidentiality: Protection of confidential information

What sections are optional to include in a Sub Management Agreement?

1. Service Levels: Specific performance metrics and standards to be met by the sub-manager

2. Regulatory Compliance: Specific regulatory obligations and compliance requirements

3. Intellectual Property: IP rights and protection provisions where relevant to service delivery

4. Data Protection: Specific data handling requirements and GDPR compliance measures

What schedules should be included in a Sub Management Agreement?

1. Schedule 1 - Services Description: Detailed description of services to be provided by the sub-manager

2. Schedule 2 - Fee Schedule: Detailed breakdown of fees and charges

3. Schedule 3 - Service Levels: Detailed performance metrics and KPIs

4. Schedule 4 - Key Personnel: List of key staff and their roles

5. Appendix A - Reporting Requirements: Format and frequency of required reports

6. Appendix B - Contact Details: Key contact information for both parties

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

Jurisdiction

England and Wales

Cost

Free to use
Relevant legal definitions


































Clauses




































Industries

Companies Act 2006: Primary legislation governing company formation, management, and administration in England and Wales

Contract Law (Common Law): Fundamental principles of contract formation, execution, and enforcement under English common law

Partnership Act 1890: Legislation governing the operation and structure of partnerships in England and Wales

Limited Liability Partnerships Act 2000: Framework for the formation and operation of Limited Liability Partnerships

Employment Rights Act 1996: Key legislation protecting workers' rights and establishing employment relationships

Equality Act 2010: Legislation prohibiting discrimination and promoting equality in the workplace

Working Time Regulations 1998: Rules governing working hours, rest periods, and annual leave entitlements

National Minimum Wage Act 1998: Legislation establishing minimum pay requirements for workers

Financial Services and Markets Act 2000: Primary legislation regulating financial services and markets in the UK

Financial Services Act 2012: Updates and amendments to financial services regulation following the 2008 financial crisis

UK GDPR: Post-Brexit data protection regulation implementing GDPR principles in UK law

Data Protection Act 2018: UK's implementation of data protection standards and requirements

Proceeds of Crime Act 2002: Legislation dealing with money laundering and proceeds of criminal conduct

Money Laundering Regulations 2017: Specific regulations for preventing and detecting money laundering activities

Competition Act 1998: Legislation promoting competition and preventing anti-competitive practices

Enterprise Act 2002: Framework for merger control and market investigations

Consumer Rights Act 2015: Legislation protecting consumer rights and establishing business obligations to consumers

Consumer Protection from Unfair Trading Regulations 2008: Rules preventing unfair commercial practices towards consumers

Health and Safety at Work Act 1974: Primary legislation ensuring workplace health and safety standards

Management of Health and Safety at Work Regulations 1999: Detailed requirements for workplace risk assessments and safety management

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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