tiktok成人版

Interim Management Contract Template for Indonesia

This document is a comprehensive Interim Management Contract governed by Indonesian law, specifically designed to establish a temporary management relationship between a company and an interim manager. It incorporates key requirements under Indonesian labor law, including Law No. 13 of 2003 on Manpower and relevant regulations on foreign workers if applicable. The contract details the scope of management services, responsibilities, reporting structures, compensation, and compliance requirements while ensuring alignment with Indonesian corporate governance standards and local business practices.

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What is a Interim Management Contract?

The Interim Management Contract is a specialized agreement used when organizations in Indonesia require temporary senior-level management expertise. This document is particularly relevant during organizational transitions, crisis periods, project implementations, or when specific expertise is needed for a limited duration. The contract must comply with Indonesian labor laws, particularly Law No. 13 of 2003 on Manpower, while accommodating the unique nature of interim management relationships. It includes provisions for scope of work, duration, compensation, performance metrics, and regulatory compliance, with specific considerations for foreign managers if applicable. The document is structured to protect both parties' interests while ensuring clarity in responsibilities and deliverables.

What sections should be included in a Interim Management Contract?

1. Parties: Identification of the Company and the Interim Manager, including their complete legal details and addresses

2. Background: Context of the interim management requirement, current situation, and general purpose of the engagement

3. Definitions: Key terms used throughout the agreement, including specific Indonesian legal terminology

4. Appointment and Term: Specific role, position, and duration of the interim management appointment

5. Duties and Responsibilities: Detailed description of the interim manager's roles, authorities, and deliverables

6. Time Commitment: Expected working hours, availability, and any provisions for part-time arrangements

7. Remuneration and Benefits: Compensation structure, payment terms, and any additional benefits

8. Reporting and Performance Metrics: Reporting lines, performance evaluation criteria, and review processes

9. Compliance and Regulatory Requirements: Obligations to comply with Indonesian laws, regulations, and corporate governance requirements

10. Confidentiality: Protection of company information and trade secrets

11. Intellectual Property: Ownership and rights to work products created during the engagement

12. Termination: Conditions and procedures for early termination, notice periods, and consequences

13. Governing Law and Dispute Resolution: Application of Indonesian law and dispute resolution mechanisms

What sections are optional to include in a Interim Management Contract?

1. Non-Competition: Restrictions on working with competitors, used when the interim manager has access to sensitive competitive information

2. Travel and Expenses: Include when the role requires significant travel or expenses reimbursement

3. Knowledge Transfer: Include when there's a specific requirement to transfer knowledge to permanent staff

4. Work Permits and Visas: Required for foreign interim managers working in Indonesia

5. Insurance: Include when specific insurance coverage is required for the role

6. Multiple Location Services: Include when services are to be provided across multiple company locations

7. Integration with Existing Management: Include when specific protocols for working with existing management team are needed

What schedules should be included in a Interim Management Contract?

1. Schedule 1 - Scope of Services: Detailed breakdown of specific services, projects, and deliverables

2. Schedule 2 - Fee Structure: Detailed breakdown of fees, payment schedules, and any performance-related components

3. Schedule 3 - Key Performance Indicators: Specific metrics and targets for measuring performance

4. Schedule 4 - Company Policies: List of applicable company policies and procedures

5. Appendix A - Powers of Attorney: Specific authorities granted to the interim manager

6. Appendix B - Reporting Templates: Standard formats for required reports and updates

7. Appendix C - Handover Requirements: Specific requirements for knowledge transfer and project handover at the end of the term

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

Jurisdiction

Indonesia

Cost

Free to use

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