Management Services Agreement
The Management Services Agreement is a contract between an external management or administrative professional and a company. It is used when a company outsources an independent professional - manager, director, consultant - to render services whose purpose is to improve and optimise the company's profits. The parties are independent contractors and therefore no employment relationship is established between them.
Once the purpose of the Agreement has been specified and the services provided by the Manager have been described (general and marketing strategies, contact with current and potential clients, daily business operations, productivity and quality levels, finances, analysis of new markets and growth, etc.), standard clauses for this type of contract are drawn up such as: compensation, term and rescission, non-competition, confidentiality, applicable law and competent jurisdiction, etc.
The Management Services Agreement is an important document which assists external managers and companies optimise the benefits received from the undertakings acquired through the Agreement.
Index of the contract