Free management contract is a contract which is made between two parties in the case where one of the parties hires the other for the task of management of a property, business entity or any other asset belonging to it. These contracts are available for free on the internet and are therefore called free management contracts. Any management contract is a legally binding document which consists of certain legally enforceable terms and conditions. Given below is a sample of a free management contract which can be used for reference purpose.
Sample free management contract:
This management contract has been made effective as on 10th march 2012 and shall remain into effect for 12 months.
Termination date of contract: 10th March 2013
This management contract has been formed by and between the parties with the following details and titles.
Name: Timothy Private Limited
Name of owner: Timothy Bell
Official address of company: 5-f, first floor, Mark n jack road, CA
Phone number: 4703247032704
Name: Mr. Peter Rudley
Contact number: 47039734044
Residential address: E-89, second floor, Bell tower, CA
This contract has been made to hire the MANAGEMENT COMPANY for the management of the employee relations within the company.
The total amount to be paid to the MANAGEMENT COMPANY: $20000 for 12 months
The following are the terms and conditions of the management contract:
- The COMPANY shall pay half the amount of payment on commencement date and the rest on the termination date of contract.
- The MANAGEMENT COMPANY would be responsible for handling employee relations, employee training programs etc for the COMPANY.