Management Agreement

This Management Agreement is between an owner of a business and a manager who agrees to provide management services for the owner. This agreement contains a description of the business, specific services the manager will provide, expenditures which will be reimbursed and the amount of management fee. It also sets out who owns the equipment and fixtures within the business and how long the agreement will be in effect. It is crucial that this business arrangement be clearly memorialized in writing. (continued ...)