An Assignment Of Management Agreement is essential when there is a need to transfer existing management responsibilities from one service provider to another in Malaysia. This document is commonly used in situations such as corporate restructuring, business acquisitions, or when changing service providers. The agreement must comply with Malaysian contract law, particularly the Contracts Act 1950 and relevant commercial regulations. It typically includes detailed provisions for the transfer of rights and obligations, consent requirements, warranties, and transitional arrangements. The document is crucial for ensuring business continuity while protecting the interests of all parties involved - the original manager (Assignor), the new manager (Assignee), and the client (Principal). It should address key aspects such as existing service levels, fee structures, and any specific requirements of the original management agreement being assigned.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
1. Parties: Identifies all parties involved: the Assignor (current manager), Assignee (new manager), and the Principal (client/owner)
2. Background: Recitals explaining the existing management agreement and the intention to assign it
3. Definitions: Defines key terms used throughout the agreement, including references to the original management agreement
4. Assignment: Core clause detailing the transfer of rights and obligations from Assignor to Assignee
5. Effective Date: Specifies when the assignment takes effect
6. Consent and Acknowledgment: Principal's formal consent to the assignment and acknowledgment of the new manager
7. Assignor's Warranties: Warranties regarding the original agreement's validity and assignability
8. Assignee's Covenants: New manager's commitments to perform the management services
9. Release of Assignor: Terms of release for the original manager from future obligations
10. Governing Law: Specifies Malaysian law as governing law
11. Execution: Signature blocks for all parties
1. Transition Period: Include when there needs to be a handover period between old and new managers
2. Outstanding Fees: Include when there are fee arrangements to be settled between parties
3. Intellectual Property Rights: Include when the management services involve significant IP components
4. Non-Compete Provisions: Include when restricting the Assignor's future activities is necessary
5. Third Party Consents: Include when additional parties' consents are required
6. Insurance: Include when specific insurance arrangements need to be transferred or established
7. Dispute Resolution: Include when parties want specific dispute resolution procedures beyond court jurisdiction
1. Original Management Agreement: Copy of the management agreement being assigned
2. Assets and Resources: List of any physical or digital assets being transferred
3. Existing Service Levels: Details of current service levels and performance metrics
4. Fee Structure: Details of management fees and payment arrangements
5. Required Consents: List of third-party consents obtained or required
6. Transition Plan: Detailed plan for handover of management responsibilities
7. Contact Details: Key contact information for all parties and relevant stakeholders
Find the exact document you need
Transfer Of Intellectual Property Agreement
A Malaysian law-governed agreement facilitating the complete transfer of intellectual property rights between parties, including associated rights and registration requirements.
Download
Assignment Of Lease To New Owner Form
A Malaysian legal document that transfers lease rights and obligations from an existing tenant to a new tenant, subject to Malaysian property law and landlord consent.
Download
Assignment Letter Contract
A Malaysian employment document that establishes formal terms and conditions between employer and employee, compliant with local employment laws.
Download
Assignment Of License Agreement
A Malaysian law-governed agreement for transferring license rights from an existing licensee to a new licensee, maintaining original license terms.
Download
Short Form Assignment Agreement
A simplified Malaysian law-governed agreement for transferring rights or property from one party to another, suitable for straightforward assignments.
Download
Invention Assignment Agreement
A Malaysian law-governed agreement that transfers invention rights from inventors to their employers or contracting companies, ensuring proper assignment of intellectual property.
Download
Debt Assumption Agreement
A Malaysian law-governed agreement facilitating the transfer of debt obligations from one party to another, with creditor consent.
Download
Assignment Of Sublease
A Malaysian legal document transferring sublease rights and obligations from an existing subtenant to a new subtenant, subject to Malaysian property law requirements.
Download
Assignment Of Security Agreement
A Malaysian law document that transfers rights and interests under an existing security agreement from one party to another, ensuring compliance with local security and registration requirements.
Download
Assignment Of Management Agreement
A Malaysian law-governed agreement that transfers management rights and obligations from one party to another, with the principal's consent.
Download
Assignment Of Debt Agreement
A Malaysian law-governed agreement that transfers debt rights and obligations from one party to another, including all associated rights and enforcement capabilities.
Download
Assignment Of Lease To New Owner
A Malaysian law-compliant document that transfers lease rights and obligations from an existing tenant to a new tenant, requiring landlord's consent and proper legal execution.
Download
Assign Tenancy Agreement
A Malaysian law-governed agreement transferring tenancy rights and obligations from an existing tenant to a new tenant, with landlord's consent.
Download
Short Form Copyright Assignment
A concise Malaysian law-compliant agreement for transferring copyright ownership from one party to another.
Download
Assignment Of Lease By Landlord
A Malaysian legal document transferring a landlord's rights and obligations under an existing lease to a new landlord, compliant with Malaysian property law.
Download
Copyright Assignment Contract
A Malaysian law-compliant agreement for the complete transfer of copyright ownership from one party to another, governed by the Copyright Act 1987.
Download
Debt Transfer Agreement
A Malaysian law-governed agreement facilitating the transfer of debt obligations from an original debtor to a new debtor, with creditor's consent.
Download
Transfer Of Copyright Agreement
A Malaysian law-compliant agreement for transferring complete copyright ownership from one party to another, including all associated rights and interests.
Download
Intellectual Property Assignment Agreement
A Malaysian law-governed agreement for transferring ownership of intellectual property rights from an Assignor to an Assignee.
Download
Copyright Assignment Agreement
A Malaysian law-governed agreement for transferring complete copyright ownership from one party to another, aligned with the Copyright Act 1987.
Download
Assignment Of Lease
A Malaysian law-compliant document that transfers lease rights from an existing tenant to a new tenant, including all necessary legal provisions and requirements.
Download
Assignment Contract
A Malaysian law-governed contract facilitating the transfer of rights, obligations, or assets from an Assignor to an Assignee.
Download
Proprietary Inventions And Assignment Agreement
A Malaysian law-governed agreement establishing employer ownership of employee-created inventions and intellectual property, including assignment and protection mechanisms.
Download
Property Assignment Contract
A Malaysian legal document facilitating property ownership transfer between parties, compliant with the National Land Code 1965 and local property laws.
Download
Lease Transfer Agreement
A Malaysian law-governed agreement transferring lease rights and obligations from an existing tenant to a new tenant, with landlord's consent.
Download
Commercial Lease Assignment
Malaysian law-compliant document transferring commercial lease rights from existing tenant to new tenant, with landlord's consent.
Download
Assignment Of Service Contract
A Malaysian law-governed agreement transferring rights and obligations under a service contract from one provider to another.
Download
Assignment Of Rental Agreement
A Malaysian legal document that transfers rental rights and obligations from an existing tenant to a new tenant, with landlord's consent.
Download
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)