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Restaurant Management Agreement
"I need a Restaurant Management Agreement for my fine dining establishment in Manila, where I want to bring in a professional management company to handle operations while maintaining my brand standards and ensuring a 70-30 profit split in my favor, with the agreement starting March 1, 2025."
1. Parties: Identification of the restaurant owner and management company, including complete legal names and addresses
2. Background: Context of the agreement, including property details, business objectives, and purpose of the management arrangement
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Appointment and Term: Scope of manager's appointment, duration of the agreement, and renewal terms
5. Manager's Rights and Responsibilities: Comprehensive outline of the management company's authority, duties, and operational responsibilities
6. Owner's Rights and Obligations: Owner's retained rights, obligations, and areas requiring owner's approval
7. Staff and Employment: Employment arrangements, staffing responsibilities, and compliance with Philippine labor laws
8. Operating Standards: Required quality standards, brand requirements, and compliance with Philippine food service regulations
9. Financial Management: Banking arrangements, accounting practices, financial reporting, and audit rights
10. Fees and Payments: Management fees, performance fees, payment terms, and expense allocations
11. Insurance and Liability: Required insurance coverage, indemnification provisions, and liability allocation
12. Termination: Termination rights, notice periods, and post-termination obligations
13. Handover Provisions: Procedures for transition upon termination or expiry
14. Governing Law and Dispute Resolution: Application of Philippine law and dispute resolution mechanisms
15. General Provisions: Standard boilerplate clauses including notices, amendments, and severability
1. Intellectual Property Rights: Required when the restaurant operates under a specific brand or trademark, or when proprietary systems are involved
2. Non-Competition: Include when restricting the manager from operating competing restaurants in the vicinity
3. Emergency Services: Specific provisions for crisis management and emergency responses, particularly relevant for high-risk locations
4. Environmental Compliance: Detailed environmental obligations when the property has specific environmental concerns or requirements
5. Technical Services: When the manager provides additional technical or consulting services beyond standard management
6. Marketing and Promotion: Detailed marketing obligations and budget when specific promotional activities are required
7. Force Majeure: Detailed provisions for handling unforeseen circumstances, particularly relevant post-COVID
8. Development and Renovation: Include when the manager has responsibilities for property improvements or renovations
1. Property Details: Detailed description of the restaurant premises, including floor plans and facilities
2. Operating Budget: Initial operating budget and format for future budgets
3. Performance Standards: Specific KPIs and performance metrics for evaluating management success
4. Fee Structure: Detailed breakdown of management fees, incentive fees, and calculation methods
5. Required Insurance: Specific insurance types and coverage amounts required
6. Staff Positions: Key personnel positions and their qualifications
7. Operating Supplies and Equipment: Inventory of equipment and supplies provided by owner
8. Brand Standards: Specific operational and quality standards to be maintained
9. Reporting Templates: Standard formats for financial and operational reports
10. Local Permits and Licenses: List of required regulatory permits and responsible parties
Authors
Food & Beverage
Hospitality
Real Estate
Business Services
Restaurant Management
Facilities Management
Retail
Leisure & Entertainment
Property Management
Consulting Services
Legal
Operations
Finance
Compliance
Human Resources
Property Management
Business Development
Risk Management
Facilities Management
Food & Beverage
Contract Management
Restaurant Owner
Operations Director
General Manager
Chief Executive Officer
Chief Operating Officer
Legal Counsel
Compliance Officer
Finance Director
Property Manager
Business Development Manager
Restaurant Manager
Food and Beverage Director
Contract Manager
Risk Manager
Human Resources Director
Facilities Manager
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