Management Agreement by bobzepfel

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Management Agreement

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									                                 Management Agreement
       This Management Agreement is entered into this ____ day of _ ________ (the "Effective
Date") between________________. (the “Company”) and _________________ (“Manager”).

                                          RECITALS:

      A. Manager has the capability to provide administrative and managerial services (the
“Management Services”) to other companies;

        B. The Company desires to retain Manager to provide it with Management Services, on
the terms and conditions of this Agreement.

       NOW, THEREFORE, in consideration of the mutual covenants and agreements
contained herein, Company and Manager hereby agree as follows:

        1. Appointment and Services. Company hereby appoints Manager to provide the
Management Services as detailed in this Agreement. Manager agrees to render the Management
Service to the Company, by and through Manager’s employees, agents, representatives, affiliates
and officers. The Company acknowledges that certain events may require Manager to render
services that go beyond the services detailed in this Agreement for the necessary fulfillment of
this Agreement, and that Manager may be entitled to additional compensation for these services.
Any additional efforts or services undertaken by Manager should be reasonable and promptly
billed at a reasonable cost. Prior approval and written consent should be obtained from Company
before any major additional efforts are undertaken by Manager in the fulfillment of its
obligations under this Agreement.

       2. Fees. In consideration of the performance of the services as detailed in this Agreement,
Company agrees to pay Manager an aggregate per annum fee of $_______________per month,
payable monthly in arrears (the “Fee”) for the period commencing on the date of this Agreement
and continuing through___________________, unless sooner terminated. Payment shall be
made by check or wire transfer, mailed to the business address of Manager, to be received by the
date specified for payment.

        3. Expenses. In addition to the compensation for services paid to Manager under
Section 2 of this Agreement, Company shall reimburse Manager for reasonable Expenses, as
defined below. As used in this Agreement. the term “Expenses” shall mean the out-of-pocket
expenses paid by Manager to complete the Management Services as necessary for the fulfillment
of thi
								
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