What are Management & Manufacturing Agreements?

By | March 3, 2008

A management agreement/contract is a legally binding agreement between a Manager and the owner of a business in which the manager agrees to provide management services to the business owner. Generally discussed in this agreement are some of the following: Management Services – Business Expenditures – Management Fee – Risk of Loss or Damage.

A manufacturing agreement/contract is a legally binding agreement between a Customer and the owner of a manufacturing firm in which this owner agrees to manufacture a product based on certain specifications or model. Generally discussed in this agreement are some of the following:
Number of Units – Quality of Units – Purchase Price – Delivery Commitment

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