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The Management Company Contract is a crucial document used when a company seeks to engage professional management services in Indonesia. This agreement is particularly relevant for businesses requiring external management expertise, restructuring, or professional administration of specific operations. The contract must comply with Indonesian legal requirements, including Law No. 40 of 2007 on Limited Liability Companies, employment regulations, and investment laws. It becomes especially important when dealing with foreign management companies, where additional regulatory considerations apply. The document typically includes detailed provisions for service scope, performance metrics, fee structures, regulatory compliance, and risk allocation, while ensuring alignment with Indonesian business practices and legal requirements. This type of contract is commonly used in various scenarios, from full company management to specific department oversight, and must be carefully structured to address both local and international business considerations.

1. Parties: Identification of the contracting parties - the company and the management service provider

2. Background: Context of the agreement, including company's business and reason for engaging management services

3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement

4. Appointment and Scope of Services: Formal appointment of the management company and detailed scope of management services

5. Term and Renewal: Duration of the agreement and conditions for renewal

6. Management Company's Obligations: Detailed responsibilities and duties of the management company

7. Company's Obligations: Responsibilities and obligations of the company receiving management services

8. Fees and Payment Terms: Management fees, payment schedule, and related financial terms

9. Performance Standards: Required service levels and performance metrics

10. Reporting and Accountability: Requirements for reporting, documentation, and performance tracking

11. Intellectual Property Rights: Ownership and usage rights of IP developed during the engagement

12. Confidentiality: Protection of confidential information and trade secrets

13. Termination: Grounds and procedures for contract termination

14. Indemnification: Mutual indemnification obligations and liability limitations

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

16. General Provisions: Standard contract clauses including notices, amendments, and severability