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Exclusive Management Agency Agreement
"I need an Exclusive Management Agency Agreement for appointing a Saudi agent to manage our technology services business in Riyadh and Eastern Province, starting March 2025, with strict performance metrics and quarterly reviews."
1. Parties: Identification of the Principal and the Management Agent, including full legal names, addresses, and commercial registration details
2. Background: Context of the agreement, business objectives, and confirmation of Agent's capabilities
3. Definitions: Key terms used throughout the agreement, including Territory, Services, Exclusivity Period, etc.
4. Appointment and Scope: Express appointment of Agent, confirmation of exclusivity, and detailed scope of management authority
5. Territory and Exclusivity: Definition of geographical area and extent of exclusive rights
6. Duration and Term: Initial term, renewal provisions, and conditions for extension
7. Agent's Rights and Obligations: Comprehensive list of Agent's responsibilities, powers, and service standards
8. Principal's Rights and Obligations: Principal's duties, support obligations, and information provision requirements
9. Compensation: Fee structure, payment terms, expenses, and calculation methods
10. Reporting and Accountability: Regular reporting requirements, performance metrics, and monitoring procedures
11. Intellectual Property Rights: Usage rights for trademarks, trade names, and other IP during the agreement
12. Confidentiality: Protection of confidential information and trade secrets
13. Non-Competition and Non-Solicitation: Restrictions during and post-agreement term
14. Termination: Grounds for termination, notice requirements, and consequences
15. Post-Termination Obligations: Duties and restrictions following agreement end
16. Governing Law and Jurisdiction: Confirmation of Saudi law application and dispute resolution mechanisms
17. General Provisions: Standard clauses including force majeure, notices, amendments, etc.
1. Compliance with Islamic Law: Specific provisions ensuring Sharia compliance, required when any financing or interest elements are involved
2. Sub-Agents: Rules for appointment of sub-agents, needed if sub-delegation of duties is contemplated
3. Insurance: Insurance requirements and obligations, important for high-risk activities
4. Performance Guarantees: Bank guarantees or other security provisions, useful for high-value agreements
5. Training and Support: Details of training provided by Principal, relevant for technical or specialized services
6. Digital Services: Provisions for online or digital service delivery, needed for technology-based services
7. Force Majeure Specifics: Detailed force majeure provisions, important in volatile regions or sensitive industries
8. Data Protection: Specific data handling requirements, necessary when personal data processing is involved
1. Schedule 1 - Services Description: Detailed description of management services to be provided
2. Schedule 2 - Territory Map and Details: Geographical boundaries and any excluded areas within territory
3. Schedule 3 - Fee Structure and Calculations: Detailed breakdown of fees, commissions, and payment calculations
4. Schedule 4 - Performance Metrics: KPIs, targets, and measurement methodologies
5. Schedule 5 - Reporting Templates: Standard forms and templates for required reports
6. Schedule 6 - Authorized Representatives: List of key personnel and their authority levels
7. Schedule 7 - Operating Procedures: Day-to-day operational guidelines and procedures
8. Appendix A - Required Licenses and Permits: Copies or lists of required regulatory approvals
9. Appendix B - Power of Attorney: Format of power of attorney if required for agent's duties
Authors
Retail
Manufacturing
Real Estate
Hospitality
Healthcare
Technology Services
Construction
Professional Services
Consumer Goods
Industrial Equipment
Automotive
Energy
Telecommunications
Education
Financial Services
Legal
Compliance
Commercial
Business Development
Operations
Sales
Strategic Planning
Corporate Development
Risk Management
Finance
International Business
Chief Executive Officer
Managing Director
Commercial Director
Business Development Manager
Legal Counsel
Compliance Officer
Operations Manager
Country Manager
Regional Director
Contract Manager
Agency Relations Manager
Business Owner
General Manager
Sales Director
Strategic Partnerships Manager
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