Business Management Application Form

Business Management Application Form

Applicant Information

Recitals

WHEREAS, Client Name: seeks to retain a professional management firm to provide business management and advisory services; and

WHEREAS, Manager Name: represents that it has the experience, personnel, and facilities necessary to perform such services under the terms and conditions set forth in this application and the attached agreement; and

WHEREAS, the parties desire that Manager evaluate this application and, if approved, execute a Management Agreement establishing the scope, compensation, confidentiality, and other material terms governing the relationship.

Scope of Work

Provide a concise but comprehensive description of the services for which management is requested. This description will form the basis of the Manager's obligations if a Management Agreement is executed.

Payment Terms

Total Management Fee Amount:

Payment Schedule (check applicable): Monthly Quarterly One-time

Late Payment: If any invoiced amount is not paid within days of the due date, Client shall pay a late fee equal to per month on the outstanding balance, or the maximum lawful interest, whichever is less.

Term and Termination

Term Commencement Date: . Initial term shall continue until Term End Date: , unless earlier terminated as provided herein.

Either party may terminate for convenience by providing written notice at least days prior to the intended termination date. Either party may terminate immediately upon material breach by the other if such breach remains uncured for days after receipt of written notice specifying the breach.

Confidentiality

Manager and Client agree that during the evaluation and for the duration of any subsequent engagement, each party shall maintain in confidence all nonpublic information disclosed by the other party that is designated confidential or that a reasonable person would understand to be confidential under the circumstances ("Confidential Information"). Confidential Information shall not include information that: (a) is or becomes generally available to the public through no fault of the receiving party; (b) is lawfully obtained from a third party without restriction; or (c) is independently developed without use of the disclosing party's Confidential Information.

The receiving party shall use Confidential Information solely for the purposes of evaluating or performing the services described in this application and shall restrict disclosure to employees, contractors, and advisors who have a need to know and who are bound by confidentiality obligations at least as protective as those set forth herein. Upon written request of the disclosing party, the receiving party shall return or destroy Confidential Information and certify the disposition in writing.

Governing Law

This application and any resulting Management Agreement shall be governed by and construed in accordance with the laws of the State of , without regard to conflict of laws principles.

Entire Agreement

This application, together with any attachments and any subsequent Management Agreement executed by the parties, constitutes the entire understanding between Client and Manager with respect to the subject matter hereof and supersedes all prior proposals, negotiations, and communications, whether written or oral. No amendment shall be effective unless in writing and executed by authorized representatives of both parties.

Certifications and Authorization

By signing below, Applicant certifies that the information provided in this application is true, correct, and complete to the best of Applicant's knowledge. Applicant authorizes Manager to verify the information provided, to request financial references, credit information, and such other verifications as Manager deems necessary in connection with evaluating this application or performing services under any Management Agreement.

Sign Now