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The Managing Partner Contract serves as a crucial legal document in Indonesian business operations, establishing the framework for senior leadership roles within companies operating under Indonesian jurisdiction. This contract type is essential when appointing high-level executives with significant management and decision-making authority, whether in domestic or international business contexts. It must comply with Indonesian Company Law (Law No. 40 of 2007), employment regulations, and corporate governance requirements. The document typically includes comprehensive provisions covering appointment terms, duties, compensation, profit-sharing arrangements, decision-making authority, and termination conditions. It's particularly relevant for businesses undergoing leadership transitions, establishing new partnerships, or restructuring their management framework.

1. Parties: Identification of the company and the managing partner, including complete legal names and addresses

2. Background: Context of the appointment, including company structure and purpose of the managing partner role

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

4. Appointment and Term: Formal appointment as managing partner, duration, and renewal terms

5. Roles and Responsibilities: Detailed outline of managing partner duties, authority, and scope of responsibility

6. Powers and Authority: Specific powers granted to the managing partner and any limitations

7. Compensation and Benefits: Base salary, profit sharing, bonuses, and other benefits

8. Working Hours and Location: Expected time commitment and primary work location

9. Governance and Decision Making: Process for major decisions and interaction with other partners/board

10. Reporting Requirements: Regular reporting obligations and accountability measures

11. Confidentiality and Non-Disclosure: Protection of company information and trade secrets

12. Non-Competition and Non-Solicitation: Restrictions during and after the partnership

13. Intellectual Property: Ownership and rights to IP developed during the partnership

14. Termination: Grounds and procedures for ending the partnership

15. Dispute Resolution: Process for resolving conflicts, including jurisdiction and governing law

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